Wednesday, July 18, 2007

Sierra Vista Market Awarded $9000 Grant


The Sierra Vista Natural Foods Cooperative, Inc. (aka Sierra Vista Market) is the proud recipient of a $9000 grant from the Food Co-op 500's Seed Fund, presented at the beginning of 2007.

The Food Co-op 5oo awards Seed grants and Sprout loans to start-up food co-ops across the country and has the mission of "stimulating and supporting the development of new food cooperatives in the U.S. contributing to an industry-wide goal to increase the number of food co-ops from 300 to 500 by 2015."

In return for the grant, the Sierra Vista Market is providing matching funds and also gives monthly and quarterly progress reports to the FC500.

"We envision a support system that enables a faster and more effective start-up process, resulting in new food co-ops successfully serving their communities," reads the vision statement for the FC500.

The Sierra Vista Market is receiving support from FC500's cooperative development specialist, Stuart Reid, and will soon hire their market analysis specialist, Pete Davis, and one of the FC500 board trainers, Marshall Kovitz, to assist with the development of the co-op, select a good location for the store, and help the board of directors and program manager better serve the Sierra Vista community.

The Sierra Vista Market is currently applying for a Sprout loan of up to $25,000.

You can learn more about the Food Co-op 500 at www.foodcoop500.coop.

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