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Domenick Celentano

Crowd Financing Review for Startup and Early Stage Food Businesses

By January 24, 2013

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Starting a Food Business looks like a chaotic list of things to do. I help clients take the chaos and create a sound business model to get from Kitchen to Cash faster and without breaking the bank.

"How to fund a small business" was a difficult question to answer until recently. Crowdfunding in all its flavors... donation, lending and equity all address the unique characteristics of consumer products startups:

  • Capital is not readily available for consumer products brands with less than $10 Million in revenue
  • Crowd financing fits since the "crowd" shops and therefore understands consumer products better than conventional angel and VC financing
  • Consumer based products companies achieve positive cash flow rapidly vs. other businesses

So if you are looking to get your food product out of the kitchen, on to the shelf and on to the consumers plate, read these articles on crowdfunding before you consider going to the bank.

Crowdfunding 101

ProHatch, is a unique hybrid crowdfunding platform using Phase to Raise

Are You Funding a New Food Business? Consider ProHatch.

See their unique Phase to Raise 30 day funding cycles.

ProHatch Phase To Raise - A Better Way in Funding a New Business

See an example of how a startup food truck can raise capital.

CircleUp is an equity-based crowdfunding platform.

CircleUp - Equity Crowdfunding for Early Stage Food Businesses

Three Food Entrepreneurs Raised Capital via Crowdfunding

How to Fund a Small Business? Crowdfunding is a new way for Food...

Several Crowdfunding 3rd parties are focused on consumer products (CPG)such as CircleUp

Crowdfunding - Peer to Peer Finance for Small Business

Rich & Creamy MeltŪ Organic is a line of luscious, all-natural buttery spreads.

How to Fund Your Business with Crowdfunding

Melt Organics raised $1 Million in 8 weeks!

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