Thank you for considering the PVGrows Investment Fund! Financing is available to local farm and food businesses with varying degrees of experience, and enterprises at various stages, including: startups, established enterprises, private for-profit businesses, cooperatives, and non-profits. Business Assistance is available for those considering financing.
Please feel free to indicate N/A to questions that do not apply to you.
This form has four components:Section 1: Business InformationSection 2: Loan OverviewSection 3: Local Food System Impacts
Section 4: Permissions and Agreements
Overview of the Process: The Inquiry Form is the first step in recieving financing from the PVGrows Investment Fund's pool of community investments. The PVGrows Investment Fund Advisory Committee meets monthly to approve inquiries that meet our mission to strengthen and grow the local food system. Once an entrepreneur has been approved for mission fit, due diligence and underwriting is conducted by the Franklin County Community Development Corporation.
Confidentiality: The information that you provide will be kept confidential for the sole purpose of consideration by the PVGrows Investment Fund Advisory Committee, and may not be disclosed to any third party or used for any other purpose without your permission. Committee members include representatives from the Franklin County Community Development Corporation, Cooperative Fund of New England, Equity Trust, Common Capital, The Carrot Project, Community Involved in Sustaining Agriculture, and New England Small Farms Institute.
Note: The PVGrows Investment Fund does not expect projects to meet ALL of these criteria. Your response should simply describe the areas your project will positively impact.
Examples of Agricultural System Impact: agricultural product/inputs are produced locally; value-adding activities take place locally; provides year-round value-added effort, benefits multiple farms/farm-related businesses, provides key piece of ag-related infrastructure, post-harvest activity such as handling, packing, processing, storage or distribution.
Examples of Community Impact: proven long-term commitment to PV communities; ownership structure encourages long-term local control; ownership focuses on providing social benefit; more local food to local community; increases food access for underserved communities; increases healthy/nutritional food access for local community; creates new jobs at a reasonable rate of return; creates new high quality jobs that include benefits, job training and/or living wages.
Examples of Local Environmental Impact: improves ecological footprint by displacing food miles; improves farm-sector environmental practices; improves farm-sector energy use; re-uses pre-existing facilities; creates energy-efficient production processes for business.
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