MFC Development Timeline & Goals

Posted by on Jun 7, 2016

MFC Development Timeline & Goals

We have made significant progress in our goal to open a food cooperative in the Montavilla neighborhood! But we have a lot of work ahead of us. The graphic below highlights our progress and next steps, using the 4-in-3 model of cooperative development (provided by the Cooperative Development Services.)

So far, we have reached the 500 member mark, completed a market feasibility study (with positive results!), and have a strong organizational structure that can carry us all the way to opening the doors. We are currently in Stage 2A: Feasibility. The next steps are:

  1. Continue to grow our membership (help us by joining now!)
  2. Complete pro forma financials
  3. Prepare for member loan and capital campaigns
  4. Form a site selection committee to begin looking for at available store locations

MFC Timeline Graphic Final

 

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