Fair Food Fund Q1 2023 Impact Report
Here’s What You’ll Find Inside:
Fair Food Network’s Fair Food Fund is celebrating 10 years since our first investment! Download our latest impact report for an overview of Fair Food Fund’s portfolio and quarterly highlights, including:
- The Compost Plant (TCP) is a food waste collection business based in Providence, R.I. TCP diverts food waste from grocery stores, restaurants, universities, and other institutions that would otherwise end up in Rhode Island’s only landfill. Fair Food Fund’s Q1 investment allowed TCP to launch a design and engineering planning project for their facility that is projected to increase its capacity by more than 500%.
- Fair Food Fund provided a loan to Singing Pastures, a farm in Newcastle, Maine, using regenerative practices to produce pork and pork products. Together with a matching loan from Grow Maine, this debt financing allows Singing Pastures to launch their 100% pasture-raised, non-GMO Roam Sticks and salami in retail stores in the spring of 2023.
- In 2022, we supported technical assistance work through Aura Advisory Services to The Chef’s Special in Flint, Mich., helping this Black- and family-owned food service management and catering company mature its accounting processes. This support prepared The Chef’s Special for an investment from the Fair Food Fund to build their new kitchen and prep space. Ownership of the production space will help the owner to expand the business’ capacity to take on more catering contracts.