Crowd funding is getting popular for local concepts

Have you ever wanted to own a business without all the headaches of owning a business? Now you can as several local food and beverage businesses are using crowd funding to raise money for expansion or relocation. In some cases is an investment where you should get a return on your investment and some your just giving you’re money to support the local business.

A business sets a goal of how much they want to raise and a deadline to raise the money. If the goal isn’t raised in the time frame your money is refunded. Several companies handle crowd funding campaigns such as Indiegogo and SeedInvest & Mainvest help raise money as an investment. All hold money until the goal is met and then release the money to the business. Some choose to self-raise the money themselves and as with any transfer of funds one should do their due diligence before contributing or investing.

Who’s crowd funding around Phoenix

Tater Traderz

The gourmet loaded fries company working out of a cloud kitchen is looking to raise $65,000 for a concession stand, trailer and equipment to expand and become a mobile concept.

“Everything worthwhile starts as a dream and dreamers are the hardest working people we know,” says Marrero, co-founder with Patrick Wills of Tap That Concepts, which owns and operates Kitchen 602 and Tater Traderz.

“We’re ready and eager to get to work! Even so, it takes more than that. It also takes community, support, and capital; that’s why we’re coming to you. Dreams can be expensive. Our team is truly passionate about what we’re doing and believe that Tater Traderz can change the way everyone enjoys food.”

For more information and to help them reach their goal head to their Indiegogo page.
 

Santé

The north Scottsdale health conscious restaurant and market is looking to expand by raising $75,000 with the investors set to receive 1.7x their investment in return.

“We love our little farmers in AZ and our great partners in middle America that create the best environment for the animals and for climate change. We are looking at growing our grab and gourmet market with keeping our purpose and mission in mind. We are expanding and adding new items as well as in plans to create a stand-alone marketplace near you!” Co-owners Nico and Nick.

Their Mainvest page has all the details.

Cider Corps

The Mesa based cidery is looking to raise $300,000 due to some unfortunate circumstances with their Gilbert location they opened 2 years ago. The story of why and how you can help is found on their Goodbye 685 page of their website.

Check out my podcast Pulling Corks & Forks: The Podcast with Sandy Wasserman to hear from those in our community. Please subscribe, like & comment.

Truffles in the Arizona desert? Help them become a reality.

   Dutchman’s Holdings, LLC has established Dutchman’s Truffiere to be the first French Perigord (tuber malenosporum) truffle orchard in Arizona. Their planting of at
least 10 acres of host seedlings will begin after land acquisition has
been finalized. With the confirmation of initial soils data, Italian white
summer Alba truffles will also be planted commercially for the first
time in North American soil.“This will allow us to bring a very rare and desirable food item to market, not just locally, but nationwide. Fresh black winter truffles are
very difficult to get here in the US. Fresh white summer truffles from
Italy are impossible to obtain because they spoil too quickly.
Eventually we’ll even produce our own truffle salt for our sister
company, go lb. salt”, stated Liz Eckburg, owner and co-founder of
Dutchman’s Truffiere. “When growing truffles, you need to follow the
vines. So we are finalizing site selection for planting in one of the
three key wine growing regions in Arizona.”
“Dutchman’s Truffiere represents a very unique venture. Not only
because of its notable crop, but also because we are utilizing
Indiegogo to secure the remaining funds necessary to establish and
successfully maintain the truffiere for the first 10 years of operation.

   This is necessary because there can be no expectation of any
saleable crop during the first decade as we work to establish the first
legacy truffle orchard in the Southwest”, stated Aaron Eckburg, cofounder.
“This is the largest crowd funded project to date and every
backer will be acknowledged as a founder of the truffiere. We see the
crowd funding platform as a great way to generate public interest for
the project and to introduce a new and emerging crop into Arizona’s
agriculture program. Most importantly, it will help preserve a unique
crop that is becoming increasingly more rare around the world.”

   Dutchman’s Truffiere is the first and only truffiere for growing French
Perigord truffles in Arizona and the greater desert Southwest. If the
white truffle part of the venture is successful they will be the first
commercial truffiere to cultivate white Alba truffles. As such, they are
pleased to announce the start of this project as a unique addition to
the Arizona agriculture and viticulture communities and economies.
Individuals interested in learning more about Dutchman’s Truffiere can
visit www.dutchmanstruffiere.com. Persons who would like to know
more about the Dutchman’s Truffiere Indiegogo crowd funding project
can visit http://t.co/6gCeXH4