Monadnock Community Monadnock Community Market Co-opMarket Co-op

Locally Owned. Locally Grown. Locally Eaten.

OverviewOverview

What is a Co-op? What will our Co-op be like?

Why do we need one?

Why now?

What next?

Why you?

Questions?

What is a Co-op?What is a Co-op?

An organization of people who work together for a mutual benefit

All Cooperatives:• Owned and controlled

by the people who use them (member-owners)• Return profits back to their members-owners• Businesses (not clubs)• Accountable to internationally recognized

principles

What will OUR Co-op be What will OUR Co-op be like?like?

Local, natural, and healthy food for the Monadnock Region

A community gathering place, offering education around food

MissionMission

The Monadnock Community Market Co-opwelcomes neighbors, connects community, and contributes economically to build a healthy &

sustainable food system and community.

Meet the BoardMeet the Board

Deborah O’Meara, Vice President, Keene Industrial Paper Co.

Ed Guyot, CPA/Partner, John G. Burk and Associates

Jaime Contois, New Hampshire Director, Working Families Win

Jennifer Risley, Program Coordinator, Hannah Grimes Center

Jim O’Neil, Management, Keene State College

Joe Marks, President, Baudelaire Inc.

Michael Faber, General Manager, Wild Oat’s Market Co-op

Paul Pezone, Senior VP, Facilities Planning & Support Services, CMC

Kathy Harrington, Executive Director, Monadnock United Way

Bonnie Hudspeth, Project Manager, Monadnock Community Market Co-op

A Local Food Co-op Will Add to Our A Local Food Co-op Will Add to Our Region:Region:

• Increased access to healthy, local food year-round

• More local jobs

• Support for our region’s farmers and producers

• Education & training

• Encouragement of sustainable development

• Contributions to strengthen local economy

• A more walkable community

Why Now?Why Now?

• Demand for local food

• Community volunteers, business & organizational support

• Dedicated board members & Working Group members

• Membership

Community SupportCommunity Support2007: Climate Adaptation Plan

Goal: “Support the local Agricultural Economy”Target: “Develop a downtown food co-op by 2012”

2007: Friends of Center City Keene Survey 900 community members identified a food cooperative in downtown Keene as one of the top priorities of Keene citizens

2010: Keene Master PlanFood co-op in downtown and a permanent site for an expanded farmers’ market

The Co-op MovementThe Co-op Movement

Timeline for OpeningTimeline for Opening Winter 2011: Preliminary Store Design

Revised Pro Forma/Business Plan 600 Member-owners

April 1, 2011: Launch Member Loan Drive April - June: Begin Construction2011 Hire General Manager

800 Member-owners

May 2012: Open the Co-op doors! 1,000 Member-owners

Why Join Now?Why Join Now?

Member/Owner contributions - $940,000 (Equity + Loans)

Community support – $360,000(Grants, Landlord & Vendor contributions)

Bank loans - $800,000

Total - $2.1 million

Join Today!Join Today!

Membership = one time investment of $200

High-quality, local food year-round

Support local farmers Create well-paying jobs that will stay in our community

Education and training for the community

Benefits of Co-op Benefits of Co-op MembershipMembership

1) The STORE!

2) You have a voice in the business

3) If the Co-op does well, YOU do well

4) Investing in your community

5) Specials from local businesses

Benefits for NGMBenefits for NGM

• Cooperative Employer Program-Newsletter to 900 community members-Co-op Website feature

• NGM will be investing in its employees and in the health and economic vibrancy of our community

• Amazing community resource right nearby

• Crucial step in the revitalization of Railroad Square area of our downtown

Thanks for Your Support!Thanks for Your Support!

Contact us:Contact us:

Phone:Phone:603-355-8008

Office:Office:25 Roxbury St.Keene, NH

Email:Email:MonadnockCommunityMarket@gmail.com

Website:Website: www.MonadnockCommunityMarket.com

Questions?Questions?