Slow Money

Local Groups

Since mid-2010, local Slow Money chapters have emerged in roughly a dozen locales around the country. Some are hosting local entrepreneur showcases. Many have begun investing.

Below is a very brief outline of local activities.


California
In San Francisco, nine regular participants in local Slow Money meetings have lent an aggregate of $40,000 to Soul Food Farm, a pasture chicken and egg producer. People's Grocery, Capay Valley Farm Shop, and Point Reyes Compost Company have all received financing from circles of Northern California investors.

Slow Money Northern California organized an entrepreneur showcase on June 12, 2011 and a second showcase focused on North Bay enterprises at Tara Firma Farms on February 25, 2012. Northern California's next local showcase will be June 30, 2012 at Pie Ranch in Pescadero, CA.

Colorado
In Boulder, a commitment of $1.5 million in funding has been made by one local investor and one loan of $75,000 has been made. A local food alliance is in formation, in collaboration with BALLE and Transition Towns.

Massachusetts
In the Berkshires, two Slow Money founding members are working with a
community foundation and The Carrot Project to establish a small local fund.

In Boston, an investment advisor who is a Slow Money founding member has steered $40,000 of client capital into two Slow Money deals. Slow Money Boston has held several public meetings and a local entrepreneur showcase.

In the Pioneer Valley (Western Mass.), two Slow Money founding members representing family foundations have collaborated to launch a fund called PV Grows, using program-related investments to lead the formation of a $750,000 loan fund. $100,000 out of that fund was deployed in their first loan to a local food distribution company.

Maine
Slow Money Maine participants have gifted or lent money to Maine Organic Milling Cooperative
and several other food enterprises, with total capital provided of approximately $350,000, including loans from the No Small Potatoes Investment Club. Five farm loans have ranged from $3,000 to $100,000 each and six loans or grants to producers and distributors have ranged from $5,000 to $60,000 each.

Missouri
In St. Louis, a $6,000 loan has been made to an urban farm.

New Mexico
In Santa Fe, a Slow Money founding member has made a $40,000 loan to the Santa Fe Alliance, whose Farm to Restaurant initiative is playing a leadership role connecting local food producers and restaurants.

New York
Slow Money New York City hosted an entrepreneur showcase on May 14, 2011. Go here to see videos of the presenting entrepreneurs.

 North Carolina
Slow Money NC loans totaling over $475K have been made to fifteen local food enterprises around the state. New local teams are forming throughout NC to move money into their local foodsheds.

Ohio
Slow Money Ohio was launched in January 2012 and has since held numerous public meetings in Cleveland, Cincinnati and Columbus. Chapter members have recently facilitated their first two loans for approximately $20,000 in total. Investment clubs and networks are forming across the state and they are gearing up for more and larger investments.

Texas
Slow Money Austin has held numerous public meetings, including one entrepreneur showcase, and will be hosting a major regional event in March 2012. Slow Money Texas members have formed a local investment club and made their first loan to a local grass-fed ranch from their entrepreneur showcase. 

Pacific Northwest
Slow Money members and event attendees in Washington State have made investments totaling at least $430,000 over the last two years. Slow Money Northwest has also been successful in connecting financial, legal, and business professionals to four food businesses to help them improve their overall business and better position them for financing.

In Portland, Oregon, a Slow Money founding member has made a $40,000 loan and is seeking to develop an 60-acre agricultural parcel into a new farm incubator.

Wisconsin
Slow Money Wisconsin is in early conversations with a local financial institution and a local food retailer, exploring the development of a loan guarantee fund for small regional farmers selling into local markets.

Nationally

Is there a featured entrepreneur in your area? Check out the 2010 Entrepeneur Showcase and the 2011 National Gathering showcase.

International
In Switzerland, a Slow Money founding member, in collaboration with eleven others, invested $22,000 in a cheese maker whose dairy is one of the country's first to use solar energy.

For local contact information, e-mail Michael Bartner at michael (at) slowmoney.org or call Slow Money’s Brookline, MA office: 617-566-2600. 

Joining Slow Money
To become a member of the Slow Money Alliance, and both support these local chapters and our national program, please join on our membership page.


 


Paul Newman said, "I just happen to think that in life we need to be a little like the farmer who puts back into the soil what he takes out." Recognizing the wisdom of these words, let us begin rebuilding our economy from the ground up, asking:

* What would the world be like if we invested 50% of our assets within 50 miles of where we live?
* What if there were a new generation of companies that gave away 50% of their profits?
* What if there were 50% more organic matter in our soil 50 years from now?

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