FoodDevCo.

5

Dec

TBN Members Chris Grace brings us news of the Food Development Company, an organisation aiming to create a portfolio of micro-food enterprises, applying commercial market based strategies to achieve sustainable social, ethical and environmental objectives as well as a viable and profitable business. The Transylvania Food Company (TFC) has been created as the first operational enterprise and has already signed an agreement with a UK manufacturer to supply least 152,000 litres of raw elder flower juice per year on a 5-year rolling contract. Chris and his team have already raised £360,000 from twelve investors in a combination of debt and equity and are now seeking to raise a further £150,000 to complete the construction work, to purchase further process equipment and vehicles and to recruit more staff.

For more information on this project contact Chris on [email protected]

No related content found.