| Objective 2.D |
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Build more support for sustainable food business and accelerate innovation of new business models. Proposed Places to Start in 2008: 1. Research and document model businesses in four specific areas including: food production, processing, distribution, and retail. These business models need to reflect the scale of the California food system, including local, regional, and statewide models. Find vertically integrated businesses, which work through the chain from seed to plate to document as best practices. 2. Research and document existing business incubators. Incubators function to minimize the costs associated with starting a business, improve the chances for success and increase the linkages between emerging companies and established businesses, universities, and professionals in the field. Identify where gaps and opportunities exist. Use the above research to design a plan for the first CA sustainable food business incubator. Potential Future Actions 2009-2012: 3. Create 2-4 sustainable business incubators to serve as learning centers to research, collect, and teach best practices. These incubators can also serve as support centers, providing information and access to the up to date information about financing and regulation. 4. Identify potential investors and create a patient capital fund to support the financing of CA sustainable food businesses. |
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