The South Philly Food Co-op Gets $25k Grant

The South Philly Co-op, which has been working its way towards providing nutritious food to South Philadelphia for about two years now, has received a grant of $25,000 from The Reinvestment Fund to help move the process along.

The Co-op recently met the goal of 250 member-owners, and the next step with the grant money is to, “move even closer to opening a storefront” through:

>>>Building infrastructure and internal systems (including CiviCRM, its constituent relationship management system);
>>>Developing a pro forma with the expertise of a consultant to model the anticipated cash flows and revenues necessary for lenders
>>>Honing its business plan; and
>>>Creating a more dynamic and sustainable organization that is prepared for the next stage of development

You can find more information, and become a member-owner yourself, over here.

  • David

    This is great news for cooperatives and the enterprise that benefits the greater good. Congratulations to the South Philly Food Co-op. If you want to learn more about this, google Food Co-op and your community and some organizing group in your town or neighborhood will pop up. You want to reduce the power that a few capitalists have on the economy? Then build your own local capital with Cooperative Enterprise. Move your money to a Credit Union, join a Food Cooperative, work toward starting a worker owned cooperative. This is direct action in motion, keeping local wealth in your local economy. Oh, and Kensington Community Food Cooperative also received a similar grant!

  • Bryan

    Their logo looks like the Pretty Things Beer logo.

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