Market Entry Fund
SAINT PAUL, MN
Total revenue
$486K
Total expenses
$211K
Net assets
$392K
Grants received
$732K
12 grants
EIN
834587871
Tax year
2024
Mission
The market entry (tmef) aims to advance inclusion in local food supply chains. Our mission is to enable traditionally marginalized and underrepresented entrepreneurs who are in food production and manufacturing, to participate equitably in this industry. Specifically, tmef provides technical supports and services, along with micro-grants, and public education/awareness to help small-scale food and beverage manufacturers work through racial, social and economic barriers to their participation and potential in this industry.
Programs
2 programs
2. Structured network services = providing business and technical assistance to small food manufacturing businesses, included the following activities and impact: at least 13 site visits to measure challenges and needs of small food manufacturing businesses; 1 survey to collect data of existing support services, 4 planning meetings, 1 event focused on business assistance, specifically on financial management, ten (10) small businesses served.
3. Community retail support and 100k accelerator- focused on training and learning how to enter markets with food products - going beyond the farmer's markets. Served 12 businesses and their packaged food products entered the market through our community retail model - which provides a supportive retail training (incubator) environment for small food makers to learn and grow. Supported an additional 50 local makers through community retail - in which retail support resulted in higher prices for the maker; and entry into more grocery store shelves and distribution to other multiple states.
Financials
FY 2024
Revenue
Expenses
People
5 listed
KAYLA YANG-BEST
PRESIDENT & CEO
$63K
36 hrs/wk
BRENDAN KURVERS
BOARD CHAIR
—
1 hrs/wk
MALA THAO
TREASURER
—
1 hrs/wk
TERRI BARREIRO
DIRECTOR
—
1 hrs/wk
LORRENE OCCHINO
DIRECTOR
—
1 hrs/wk
Grants received
Showing 12 of 12
Funded by
$732K from 7 funders · 12 grants · 2019–2024
$419K · 5 grants · 2019–2023
$150K · 2 grants · 2022–2023
$50K · 1 grant · 2024
$50K · 1 grant · 2024
$30K · 1 grant · 2024
$30K · 1 grant · 2023
$3K · 1 grant · 2024