A Made In Michigan Initiative

Fri, 01/27/2012
Source: 
mlive.com

Meijer teams up with MSU to highlight products from around state in Made in Michigan initiative

By Sandra Martinez
The Grand Rapids Press

http://www.mlive.com/business/west-michigan/index.ssf/2012/01/post_78.htmlmeijer

WALKER — The Holland-made Good Life Granola is one of 49 products to be featured in select Meijer stores across the state as the retailer launches Made in Michigan initiative on Sunday.

The promotion is partnership with Michigan State University Product Center for Agriculture and Natural Resources, which was created in 2003 to help commodity farmers bring products to market.

The program is designed to strengthen the Michigan economy by supporting local small businesses, said CEO Hank Meijer.

“There is tremendous interest from our customers to buy local and to support local businesses," Meijer said. "That is why we continuously increase the amount of products we purchase from local suppliers and companies."

The 49 products - from marinara sauce to gluten free baking products - fill designated areas within 33 Meijer stores including locations in Holland Township, Grand Haven, Cedar Springs, Greenville, Ionia, Kalamazoo, Battle Creek and in Grand Rapids at Knapp's Corner and Cascade.

These new items will join dozens of other Michigan products available throughout the store including locally grown produce.

The initiative is expected to be an ongoing feature within the supercenter chain retailer, and generate $400,000 economic impact statewide, said Matt Birbeck, High Impact Venture Action Team project manager for the MSU Product Center.

Meijer selected the 22 Michigan vendors to participate in the inaugural launch with the help from the center to ensure all the suppliers had the right food protocols and supply chain procedures. The items are expected to remain on the shelves for a year, and could be added to all of Meijer's 200 stores across five states.

Other retailers have launched similar initiatives. In 2010, Spartan Stores first introduced its Michigan Best's campaign which spurred sales and generated thank you letters from customers

Space for Growth in Detroit

Thu, 01/12/2012
Source: 
BBC News

It is as if the buildings and streets of a whole city just need to bunch up a little.

By John Mervin,

http://www.bbc.co.uk/news/business-16540982

Detroit's thousands of empty blocks and abandoned buildings make it a place where pockets of life and commerce Food is now being grown in the heart of the cityare separated by eerie, desolate gaps.

If those gaps could only be filled, the city might not seem like America's emblem of industrial collapse, or an accidental experiment in how swiftly an affluent metropolis can be destroyed without war or natural disaster.

Fortunately, there are an increasing number of businesses, big and small, determined to fill in some of Detroit's gaps, revive its economy and reverse the experiment.

Growing optimism

One of them is the supermarket chain, Whole Foods Market.

Not only is it pressing ahead with plans to build a store in downtown Detroit, it is also involved in the efforts to redevelop the city's historic wholesale food centre, Eastern Market.

At a groundbreaking ceremony for work on the latest rebuilding at Eastern Market, Whole Foods' chief executive, Walter Robb, stresses his and his company's belief in Detroit's economy.

Their plans are not just about helping a city.

"I see shoots of green all the way when I look around here. I see a resilience, a commitment, a determination to bring this city up," says Mr Robb.

"The entrepreneur in me sees that happening and wants to be a part of that."

Detroit, in turn, is excited by Whole Foods' forthcoming presence.

There is certainly room for it.

Not just in the physical sense, but also in a grocery market that is shockingly underserved.

When Whole Foods opens its store, it will be the only major grocery chain to have an outlet in the entire city.

Urban farming

Despite (or maybe partly because of) the absence of major supermarket chains, a network for locally produced food is something for which Detroit is now widely praised.

Eastern Market is already vital to major farmers and food processors in the region.

The latest renovation is designed to make it an outlet and support for Detroit's swelling ranks of small-scale urban farmers and processors too.

The scourge of unemployment and the excess of cheap, abandoned property, have combined to make urban farming a growth area in the city's economy.

One of the farmers is Patrick Crouch, the programme manager for Earthworks Urban Farm.

On a few lots, where buildings once stood, right in the heart of the city, Earthworks grows vegetables, mostly for its parent organisation's soup kitchens, but also to trade and sell.

To Mr Crouch, the promise of economic growth that urban agriculture offers isn't just, or even mainly, in the growing.

"We talk about the urban food system, not just urban farming," he says, citing the range of services and products that farms like his need, and the businesses they in turn might supply.

He gestures to one of his greenhouses as an example.

"I bought that structure right there from a place in New Hampshire. That's ridiculous. Why didn't I buy it in Detroit? It's not like we don't know how to deal with steel."

Empty space

Detroit's turbulent history as a manufacturing centre is never far from any conversation about its economy, even agriculture.

The city's Eastern Market is being redeveloped

After all, the collapse of heavy industry, particularly the shrinking of the auto makers is what drove so many people out of the city, over decades, leaving so much empty space, small parcels of which are being turned over to cultivation.

Yet now, downtown at the city's main exhibition space, a newly resurgent car industry is showing off its latest wares.

It is nothing on the scale of the mid-twentieth century golden age of Detroit, but it is profitable for all that, and anxious to see the local economy recover as well.

Fiat's chief executive, and the ultimate boss of Chrysler, Sergio Marchionne is just one executive who sees his company's revival as an integral part of Detroit's.

"This year's show", he says, "is an indication of the resurrection of the Motown we all grew up with."

'Growing things'

Michigan's political leaders are also swift to look for signs of a wider prosperity in the recovery of the auto giants.

Senator Debbie Stabenow is another sponsor of Eastern Market.

At the groundbreaking she says: "You don't have an economy unless you make things and grow things."

"We're here this week celebrating a new coming back of our auto industry that's making things. And we're here at Eastern Market, celebrating growing things."

Irresistible though such parallels are, they only extend so far.

The car industry was able to save itself, and may yet enjoy a future of significant growth partly because it was able to shrink.

However painful, the closing of swathes of their operations, allowed the "Detroit 3" to start again, at a size that fit the market in which they found themselves.

A city cannot do that, at least not very quickly.

Empty space

Detroit's shrunken population still has roughly the same space and many of the same buildings that 60 years ago served more than twice as many people.

So however creative, and however much support it gets from powerful backers, Detroit's urban food movement cannot possibly fill in all the space left by so much destruction in the manufacturing sector.

Which is why leaders are quick to point to the numerous corporations that, like Whole Foods, have decided to make bets on Detroit.

As Senator Stabenow puts it, "we are seeing chief executives run towards the city instead of away from the city", before she reels off a list of the bosses of Compuware, Quicken Loans and the Penske Corporation, among many others.

Detroit will need them all, and many more, if its awful, empty spaces are ever to be filled.

That and a lot more growth in its urban food sector.

BALLE is Hiring!

Fri, 02/03/2012
Source: 
BALLE
 

Position Announcement: Chief Operating Officer

 
BALLE is currently seeking a mission-driven, strategic, and business-minded Chief Operating Officer to oversee internal operations for this growing organization. With primary responsibility for establishing and implementing systems to execute the organization’s strategic plan, the Chief Operating Officer will develop concrete goals and systems to track progress toward those goals, coach staff in achieving their goals, and will serve as a thought partner with the CEO around operational efficiencies and business opportunities. Reporting directly to the CEO, the COO will serve as a key member of the senior leadership team of the organization. This is an exciting opportunity for an individual with extensive management experience to grow a proven organization and to make a huge contribution to all of our futures. This job is located in Bellingham, Washington.
 
 
 

Dirt-to-Shirt Goes Organic Thanks to Slow Money

Fri, 02/03/2012
Source: 
Burlington Times News

http://www.thetimesnews.com/articles/organic-52086-cotton-grown.html

Organic Cotton FarmBURLINGTON, NORTH CAROLINA: A month ago, the first crop of organic cotton grown in recent North Carolina history was grown by a Burlington company. Now, TS Designs has received financing to spin certified organic fibers under the brand name Cotton of the Carolinas, and create product – all while keeping the cotton in the state.

In a December Times-News article, TS Designs President Eric Henry said the brand is focused on supporting local jobs and going “from dirt to shirt all in North Carolina.” As of Monday, Slow Money NC, a local chapter of financial trend Slow Money lenders, invested $30,000 in TS Designs to buy and spin the organic cotton fiber into yarn for clothing.

“This financing was critical to move this project ahead and keep the organic cotton fiber in North Carolina which it can best impact NC jobs,” Henry said in a news release. “Working with Slow Money NC was the logical financing source – local people loaning for local needs.”

Slow Money NC is an organization focused on financing the state’s sustainable food and farming economy, according to its website. The organization accomplishes this by matching lenders who are passionate about such practices with community businesses that need funding to begin or expand their processes, according to the release.

Henry said five investors contributed to the $30,000 in what he called a “local, transparent, peer-to-peer investment.” The five investors and a couple dozen other interested parties met Monday evening for a celebration at the Company Shops Market Co-op in downtown Burlington, said Henry.

To date, 30 individual lenders have contributed more than $475,000 in loans in the state through Slow Money NC, according to the release. Such donations fund sustainable projects such as Cotton of the Carolinas, which will be used to make t-shirts and polo golf shirts, set to come out this summer.

“By utilizing local organic cotton, manufactured in a local, transparent supply chain we can make the most sustainable apparel in the world,” said Henry.

Etsy: Turning Artists into Entrepreneurs, Passion into Possibility

Thu, 02/02/2012
Source: 
International Business TImes

By Cavan Sieczkowski

http://www.ibtimes.com/articles/290305/20120131/etsy-handmade-shop-jewelry.htm

Stay Handmade sign by EtsyAssuming the power to change the entire world economy is no small feat, but Etsy is doing just that. Created in 2005 by Rob Kalin, a painter, carpenter and photographer who found there was no practical marketplace in which to sell his handiwork, Etsy now boasts over 12 million active members, 1.5 million Twitter followers and $467.8 million in sales through November 2011.

Etsy is the classic "Little Engine That Could" story. After all, Etsy was built not on a mountain, but on a molehill; supporting David, not Goliath. Its mission statement says it all:

"Our mission is to empower people to change the way the global economy works. We see a world in which very-very small businesses have much-much more sway in shaping the economy, local living economies are thriving everywhere, and people value authorship and provenance as much as price and convenience. We are bringing heart to commerce and making the world more fair, more sustainable, and more fun."

Promoting the creative genius of even the smallest of businesses has proven to be a brilliant business plan. Etsy is now flourishing - with 12+ million users, 25 million unique visitors per day, 1+ billion page views per month, 1.5 million Twitter followers, 800,000+ active shops, 11+ million items, 150 countries and over 570,000 Facebook likes. Whew.

Aside from the abstract numbers, Etsy is actually changing lives - turning crafters into entrepreneurs, passion into possibility.

Take MJ Handcrafted Jewelry made by Etsy user Mary-Jane Santaite. As a stay-at-home mother of three, Santaite never had plans to start her own business. Always passionate about fashion and styling, she became intrigued by the opportunities presented by Etsy and began selling her own handmade, customized jewelry.

"I wouldn't have made the move to sell if it wasn't for Etsy. There really aren't any other platforms like Etsy, it provides everything necessary beyond the creative process," said Santaite.

She began selling her designs - bracelets, necklaces and earrings made with semi-precious gemstones, beads, silk thread, metals, skull/Buddha beads and more - in August. Etsy was the natural choice for setting up shop.

 "The interface is very user friendly.  It is easy to add and update my items. Adding PayPal to the checkout process makes it even more convenient; I can print my shipping label and let my customers know their purchase is on its way."

With over 12 million users, 11 million listed handmade items in over 100 countries online, one might assume that Etsy is an depersonalized entity. Conversely, it is anything but. Etsy has offices in DUMBO, Brooklyn; Hudson, NY; San Francisco; and Berlin. Etsy Labs, educational and event spaces for D.I.Y. and artist communities, are located in Brooklyn and Berlin. They exist as pop-up events in Hamburg, Munich, London, Paris, Amsterdam, Portland, Oregon and San Francisco, Cali. These home bases locations anchor the global Etsy community.

Online, the Etsy community is more close-knit than one might think. "The Etsy community is interactive.  For example, I can 'favorite' other shop owners items and keep them in my 'circle,'" said Santaite. "When there are new items in their shop I am notified.  The crafters are receptive to each other and respectful of each other's shops."

Step by step, Etsy is successfully changing the way the global economy works; or, at least, changing the mindset of consumers. "I've browsed and shopped on Etsy, it is such a pleasure to see such beautiful handmade items.  There are so many talented artists.  Etsy makes shopping so convenient and is consumer friendly.  So the decision to sell my jewelry on Etsy was an easy one," said the MJ Handcrafted Jewelry founder.

Without Etsy, many artists would not have a place to sell their goods. Etsy takes away the painstaking apprehension of starting a small business and promotes the passion within each crafter.

"I wouldn't consider my own store.  Opening a store for a small jewelry line would not be profitable.  Online retail gives me more time to do what I enjoy and create new pieces.  It also has a much larger market and Etsy users are the ideal market," said the Mary-Jane Santaite.

"I consider my venture more artistic than entrepreneurial. But, since I am selling my pieces on Etsy, I guess my venture is entrepreneurial as well. Most of all I enjoy making each piece of jewelry; and knowing someone else can enjoy it is so gratifying."

 

From BALLE:

BALLE co-founder, Judy Wicks, delivered a keynote speech at the Hello Etsy conference in Berlin.  Watch her speech here.

Conference Speaker: Fred Keller

Fri, 01/13/2012
Source: 
BALLE
Fred Keller
Fred Keller is Founder, Chairman, President and CEO of Cascade Engineering, a Grand Rapid’s-based plastics manufacturing firm that is driving local economic growth with an unparalleled commitment to the Triple Bottom Line. Cascade is the country’s largest certified Benefit Corporation (BCorp) and has been a national leader in environmental and community leadership, all while enjoying record sales and driving a major resurgence in the region’s manufacturing sector.

Get inspired! Watch Fred and his daughter, Christine, talk about Innovation and Sustainability at TEDx Grand Rapids.

Join Fred and the BALLE Community in celebration of our 10th year at the 2012 BALLE Business Conference.

 

 

 

Conference Speaker: Medrick Addison

Fri, 01/20/2012
Source: 
BALLE
Medrick Addison
Medrick Addison is the Operational Supervisor of the Evergreen Cooperative Laundry in Cleveland, Ohio. The Evergreen Co-Ops have helped stabilize and revitalize six devastated low-income Cleveland neighborhoods by tapping into the multi-billion dollar procurement and supply-chain business expenditures of local anchor institutions. Evergreen has created new businesses, jobs, and ownership opportunities in the Cleveland area, while developing local industry with their solar energy, urban agriculture, and environmentally-friendly laundry divisions.
 
Learn more about Medrick and the Evergreen Co-ops and watch this piece from the PBS feature: Fixing the Future.
 
Join Medrick and the BALLE Community in celebration of our 10th year at the 2012 BALLE Business Conference.

Conference Speaker: Malik Yakini

Mon, 01/09/2012
Source: 
BALLE

Malik Yakini

Malik Yakini is a founder and Executive Director of the Detroit Black Community Food Security Network (DBCFSN), which is transforming Detroit’s food security and food justice landscapes, while revitalizing urban space and providing empowering work and ownership opportunities to the Detroit community. The DBCFSN operates the seven acre D-Town Farm, a pioneering organic urban farm and training Center for Will Allen’s Growing Power, Inc. In addition to developing new farmers and providing healthy food in Detroit’s notorious food desert, the DBCFSN has also created the Ujamaa Co-op Buying Club to aggregate the economic power of underserved communities

Learn more about Malik's work:

Join Malik and the BALLE Community in celebration of our 10th year at the 2012 BALLE Business Conference.

 

 

 

 

 

 

 

 

 

 

 

 

Conference Speaker: Grace Lee Boggs

Wed, 02/01/2012
Source: 
BALLE

Grace Lee Boggs

BALLE is honored to have Detroit civil rights legend, Grace Lee Boggs, as a mainstage speaker for our 2012 Conference in Grand Rapids, MI. Grace has spent most of the past century fighting for social, environmental, and economic justice. At age 96 she is still on the cutting-edge, as she inspires her community to create a bright post-industrial future.

Read, see, watch, and listen to more:

Join us: Go here to register for the 2012 BALLE Business Conference.

 

 

 

 

BALLE Blog: 10 Reasons for Financial Optimism (If You Invest Locally)

Wed, 02/01/2012
Source: 
Michael Shuman

By Michael Shuman

Even though these are tough times for tens of millions of Americans, there’s reason for hope.  That’s the message of my new book from Chelsea Green, Local Dollars, Local Sense:  How to Shift Your Money from Wall Street to Main Street and Achieve Real Prosperity, which showcases dozens of ways individuals, businesses and communities are reinvesting their money locally and creating new jobs.  To give you a little taste of what’s in the book, let me share my Top 10 Reasons for Optimism.

10.  Wall Street’s Decline – Fortune 500 companies have long enjoyed an unnatural competitive advantage as all of us have unquestioningly forked over some $30 trillion of our retirement funds into their stocks and bonds.  This lemming behavior is now coming to a close. Occupy Wall Street has been so effective that even Newt Gingrich is questioning our fealty to “vulture capitalism.”  My book documents that the long-term historic rate of return for U.S. stocks has been an astonishing 2.6% per year.  Against that record, all kinds of many local investment opportunities seem fabulous!

9.  Main Street’s Rise – Evidence continues to mount that local small businesses are the best job producers in the U.S. economy, at least as profitable as their global competitors, and becoming increasingly competitive (thanks in part to groups like BALLE).  Local investment can pay off, big time, if we can figure out how to create, pool, trade and evaluate local “securities” more efficiently.

8.  The Crowdfunding Revolution – The bad news is that archaic securities laws have made it impossibly expensive for the 99% of us who are “unaccredited” to put money into the 99% of businesses that small.  The good news is that a remarkable coalition led by Tea Party Republicans and Occupy Democrats, and supported by President Obama, is on the verge of overhauling these regulations.  Even if the weakest of these legislative alternatives are passed, local businesses will be soon be able to take small investments ($100-1,000) from millions of unaccredited investors with little legal cost.

7.  Cookie-Cutting Offerings – If crowdfunding reform stumbles, the revolution will still happen.  Companies like Cutting Edge Capital are designing DIY websites so that you can go through the legal hoops to sell stock within one state at a tiny fraction of the previous cost.  For example, my colleague Jenny Kassan recently helped Workers Diner, based in New York City, do an affordable stock sale to raise capital from its employees, customers and neighbors.

6.  Better Understood Loopholes – Not every kind of investment requires a securities filing.  Some companies seeking local loans, like Equal Exchange, have partnered with their banks to create specialized CDs that allow their unaccredited depositors to invest.  Cooperatives have long borrowed from their members, with many delivering annual rates of return over 5%.  Awaken Café in Oakland raised tens of thousands in capital from its customers by preselling coffee (offering $1,200 advance purchases for $1,000).

5.  Small Town Initiative – Communities with fewer than 10,000 people have proven that local investment can be a successful economic development tool.  The Local Investment Opportunities Network (LION) of Port Townsend, Washington, has woven a network of “preexisting relationships” among dozens of businesses and investors, facilitating $2 million of investment since 2008.  Fairfield, Iowa, has mobilized about $300 million over 25 years into so many startups that it’s known as Silicorn Valley.

4.  Community Pools – While securities laws have made it difficult and expensive for unaccredited investors to participate in diversified local investment funds, there are exceptions.  Innovative revolving loan funds for local business are open to unaccredited investors in New Hampshire, North Carolina and Ohio.  A terrific investment club in Maine affiliated with Slow Money, called No Small Pototoes, allows unaccredited investors to participate.

3.  Local Stock Exchanges – In the next few years, perhaps even sooner, unaccredited investors will be able to buy and sell shares of local companies on electronic exchanges.  Early prototypes can now be seen in the platforms of Mission Markets of New York and the LanX of Lancaster, Pennsylvania.  Once shares of local companies have some liquidity, it will be possible to assemble diversified portfolios, and mutual and pension funds might finally be convinced to begin investing locally.

2.  Self-Directed IRAs – If you want to invest your retirement funds in these options above right now, there’s no need to wait.  For a fee in the neighborhood of $100-200 per year, you can hire a custodian to oversee your IRA and designate almost any local investment opportunity imaginable, including municipal bonds and local real estate. Alternatives Credit Union in Ithaca, New York is exploring how to facilitate such investments by its members.

1.  Self-Investment Opportunities – Perhaps the most intriguing, readily available and safe local investment opportunity is to invest in yourself.  Buying a home, condo or co-op house you can afford generates a better return than Wall Street.  So does paying down your mortgage faster.  Or investing in energy efficiency in your home or a wind machine for your subdivision.  In fact, for most Americans, the high-return opportunities for investing in oneself are so many that they perhaps should stop investing in IRAs and 401(k)s altogether.

If you’re interested in learning more about these ideas, here are four things you can do:

 

Michael Shuman is a BALLE Fellow and Director of Research and Marketing at Cutting Edge Capital and the author (with Kate Poole) of the forthcoming BALLE manual: Growing Local Living Economies: A Grassroots Approach to Economic Development.  Michael’s book Local Dollars, Local Sense:  How to Move Your Money from Wall Street to Main Street will be available from Cheslea Green this February.