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Whole Foods Announces $30M Venture Capital Fund for Local Food Artisans
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ryan
about 1 year ago about Whole Foods Market
Tonight John Mackey, CEO, Whole Foods, met to speak at UC Berkeley with Michael Pollan, author of The Omnivore’s Dilemma, which resulted in several letters (1, 2, 3, 4) passed between the two, to address “The Past, Present, and Future of Food,” as the event was titled. 2,200 people showed up to the twice sold out show, including many Whole Foods employees who made their way there on their own dime.
At tonight’s event, Mackey announced a brand new program with freshly-minted board approval to launch a $30 million venture fund that will invest in local food artisans to support small, local businesses by investing directly in them.
More details will follow when Whole Foods makes the announcement to the world in March.
This is a significant leap in the bridging of global and local businesses, a testament to Whole Foods’ commitment to supporting their interdependence, in my humble opinion.
This is a story about Whole Foods Market
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Comments
Love IT fund the Future
submitted by skyking about 1 year ago
Go WF, Go WF.
(have WF cater a Do the Right Thing event sometime)??? FYI. Nice.
Great solution to WF's local supply dilemma
submitted by DrFitz about 1 year ago
I think this is a fabulous way for Whole Foods to stimulate the number of local suppliers available to stock their own shelves while generally supporting the local food movement.
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