Angel Investment and Collective Agricultural Marketing: The Case of the Minnesota Food Network
明尼苏达食品网络由52名农民组成,面临高运营成本和分散配送的挑战,需通过天使投资购买设施以扩大市场,案例供学生分析相关决策。
Abstract The Minnesota Food Network is a limited liability company comprised of 52 farmers producing a variety of high‐quality, sustainably produced agricultural products in southern Minnesota. The network's goal is to develop a regional food system to provide locally grown food at a price that “is fair” to both consumers and producers. This case outlines the challenges that the network faces in their efforts to expand to take advantage of a market opportunity. One of their biggest challenges is that they face high operating costs because of their disaggregated distribution system and need to purchase a distribution and storage facility and two vehicles. They will fund the purchase of a building through an angel investor. An angel investor is necessary because the network cannot sustain traditional loan payments in its current form. Students are asked to consider a number of questions pertaining to the decisions in this case outlined in the final section of the case study.