Austin Foodshed Investors
June 2015 Newsletter
About AFI
Austin Foodshed Investors is a new impact investing Angel Network focused on local sustainable food businesses in the greater Austin Texas area.

We're inspired by the  Slow Food
and  Slow Money
m ovements.

We're invigorated by the vibrant Austin food scene.

We're dedicated to building a more robust regional food system by connecting local investors to local for-profit entrepreneurs creating "good", "clean", and "fair" food products and services. 

For entrepreneurs, we provide access to accredited investors and the tools to get deals done.

For investors, we provide access to a new asset class and the opportunity to align values with investing, with an emphasis on capital preservation, market returns, and cash flow.
New Twitter Feed

We're on Twitter! For a good time follow @atxfoodinvestor !
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On the Blog...

" Benevolence, Purpose, & Profit": new AFI friend Joe Milam of Austin's AngelSpan defines not only a "good deal", but probably also the future of business...

" What is Sustainability?":  from Vanderbilt University, a nice graphic defining the elusive term "sustainability"...

" Sustainable Sourcing Guide":  want to migrate your company's supply chain toward better raw materials and value chain inputs?  Here's a step by step way to do that... 

" AFI Raises $12.8k for Capital Area Food Bank":  That's over 38,000 meals for hungry Central Texans.

Flood Relief
Long-time food & Slow Money activist Scott Price and his wife didn't have to carry flood insurance because they're above the 500 year flood plain.  Or so they thought.  Help them rebuild here.

Urban Roots is a great organization helping underserved teens at their urban farm on Boggy Creek.  Which, on Memorial Day, took only 3 hours to flood the entire farm.  Volunteers have helped salvage, but they lost $15k in sales at Farmers' Markets that they depend on to fund programs.  Restock the kitty here.

Every $1 donated to the Capital Area Food Bank provides 3 nutritious meals to hungry families recovering from the floods.  Please help, here.


AFI is happening!  We've run our first Pitchfest, are on the way to closing deals, have recruited many new investors, have a pipeline full of new companies, have met tons of interesting people and new partners, and our first portfolio company is growing and succeeding and paying on time!  Gotta love it!

Amidst all that we pulled back from a public media launch, choosing rather to focus on the companies, investors, and partners in front of us, refining processes, and planning for a robust and scalable future.

We hope you are having a good Spring, and if you're here in Austin have not been too negatively affected by all the rain and flooding.  Unfortunately, many have.  See the bottom left hand corner of this email on how you can help.

Alright, on with it:  here's what's news...

Six Companies Present at First AFI Pitch Fest
Event at SFC a Big Success

Over 25 people gathered April 16 at SFC to hear excellent presentations from six local sustainable food companies:  Bona Dea Gluten Free Bakery, Logro Farms, Capra Foods, Dash of Masala / Sassi Lassi, Coyote Creek World's Best Eggs, and 4th Tap Brewing Cooperative.  Since then, we've presented a Term Sheet to Logro; helped Capra refine their funding strategy and are working toward funding; referred Dash of Masala to our friends at PeopleFund; and continued discussions with Bona Dea and World's Best Eggs.  4th Tap has gone on to crowdfunding, at Texas Entrepreneur Network.

Upcoming Events
June 1:  Slow Money Austin / AFI Hoppy Hour

Slow Money Austin and AFI host a "Hoppy Hour" the first Monday of every month.  This month's is at Hopfields, 3110 Guadalupe St., Austin, at 5:30 on June 1. 

Meet other enthusiasts, ask and answer questions, swill a cold craft beer.  We'd love to meet you!

June 1:  Food+Tech Austin - PR for Food+Tech Companies

Food+Tech Austin is a cool organization dedicated to improving our local food system.  Their June 1 meeting will present five public relations firms presenting case studies and answering questions about PR for food companies.  6:30-8:30 pm, at Capital Factory.  More info here


July 10:  Applications Due for Texas Venture Labs' TVL Accelerator


AFI is proud to have informally partnered with the Jon Brumley Texas Venture Labs at the UT McCombs School of Business.  Since 2010, TVL has helped over 100 startups prepare for fundraising and company success via graduate student teams doing research, market validation, strategy, and pitch preparation.  TVL's application process for the Fall 2015 is now open, with applications due July 10.  Visit TVL for more info.

August 16:  Slow Food Austin Grub Trivia


AFI is an official sponsor of Slow Food Austin's signature annual event, "Grub Trivia".  Grub Trivia is a food-focused, pub-style trivia game featuring Austin's smartest foodies matching wits at the historic Saengerrunde Hall.

John & Kendall Antonelli will emcee, with Salt & Time's Bryan Butler doing a butchery demo for the half-time show.  Tickets will be available soon at the Slow Food Austin website.

 

 

Late October:  Slow Money Regional Gathering, Sponsored by Austin Foodshed Investors

 

Since 2009 Slow Money has been holding National Gatherings to bring together food entrepreneurs, investors, thought leaders, and activists working to rebuild our local food systems. This year, Slow Money has decided to do four regional events rather than one national event, and has selected Austin as a host city and Slow Money Austin as the host.  AFI will be a sponsor.  Slow Money Austin is in the planning stages for a wonderful event featuring top-class keynote speakers, interactive workshops for entrepreneurs and investors, and community building for activists.  Would you like to help plan & stage this event?  Is so, contact Jarred Maxwell at jarred@slowmoneyaustin.org.

 

Let's Connect!
Sustainable Local Food Companies and "Values-based" Accredited Investors - We're Here for You!

Companies:  Visit our website for an overview of the fundraising process and an application.  We'd love to hear from you!

Investors:  Our goal is to identify, assist, and fund cool up & running local food businesses that have identified a "milestone" that will allow them to increase their positive impact on people, planet, and profits but need capital to get to that cash-positive milestone.  We strive for capital preservation, market returns, cash-flow, and environmental and social impact.  Interested?   Please visit our F.A.Q . to learn more, or, better yet, Register today to get access to deal flow!
 
Thanks again for your interest and support!  And please forward this to friends and colleagues!
 
Sincerely,
 

Curt Nelson & Jarred Maxwell
Austin Foodshed Investors
Picture of the Month
Preparing Oyster Mushrooms at Logro Farms