Urban Farm Fermentory

Investment:

Convertible Debt

Enterprise:

Launched in 2010, Urban Farm Fermentory (UFF) produces kombucha, hard cider, and meads featuring ingredients sourced from small and mid-size New England farms. UFF distributes its products in Maine, Massachusetts, and Vermont and sells seasonal products at its Portland, Maine tasting room.

Financing Purpose & Date:

Executed in May 2015, this financing assisted UFF in purchasing equipment, increasing marketing and distribution, and building inventory. UFF also received Consulting Corps business assistance to develop a cash flow forecast ahead of financing. Fair Food Fund also assisted UFF in establishing an advisory board.

Update:

UFF launched new branding for its kombuchas and ciders and opened a new, expanded tasting room.