The Challenge – We are Making Progress!
Our largest challenge is fundraising. To open the credit union, we need approximately $2.4 Million in startup capital. Because of regulatory restrictions and the administrative cost of processing each donation, we cannot accept small donations. Instead, the success of this project relies on the generosity of large foundations and donors who also envision a financial institution to support a better food system in Maine.
We have gotten strong support so far.and look forward to welcoming a final few donors to the Maine Harvest family.
To get updates on our progress, check back here.
- Funds Raised to Date: $2.2 of $2.4 Million (only $200k to go!) 92%
Does the mission of your foundation or fund align with ours, to enable Maine’s new food economy to grow by opening up access to capital? If so, we would love to talk. Please contact Sam or Scott to set up a meeting.