Global Village Foods
Investment:
Participation in loan led by Vermont Flexible Capital Fund
Enterprise:
Global Village Foods (GVF) is a Vermont specialty food manufacturer and retailer of African-inspired, ready-to-eat entrees, meals, and snacks. A Black family-owned and majority women-owned business, Global Village Foods is on a mission to expand awareness and popularity of healthy African inspired cuisines that meet consumer demands for healthier, ready-to-eat, diverse flavored menus, and plant-based options, made allergen friendly with clean ingredients.
Financing Purpose & Date:
We provided a participation loan in partnership with Vermont-based Flexible Capital Fund toward building inventory and hiring additional staff to meet growing demand, especially at universities.
Update:
Global Village Foods received an investment of working capital to supplement a joint loan with Fair Food Fund and lead investor Vermont Flexible Capital as it ramps up production to expand into the food service market.