Posted on Thu, December 27, 2012 by Jenny Best
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Local Food Lab is a startup lab for the ideas and companies that will change the food system. By providing state-of-the-art entrepreneurial education and a dynamic network of diverse professional mentors, Local Food Lab supports entrepreneurs in transforming their ideas into thriving, sustainable ventures. The final day to apply to our Winter Accelerator is January 14, but applications submitted before January 2 are eligible for a scholarship.
The Local Food Lab Accelerator is a six-week program located in the heart of Silicon Valley, where we help entrepreneurs take an early stage idea for a food or farm startup and turn it into a complete business plan and product concept. We will work with any food or farm idea that simultaneously shows strong business potential and a social commitment.
Each day is organized around a critical element of business education through the lens of sustainable food. Topics covered include market and industry analysis, product and service design, financial forecasting, sales and marketing strategy, development of a social mission statement, management of a mission aligned team, and the effective pitch and presentation of a new business. Students will learn from a wide variety of food and agriculture industry mentors while growing and developing their startups and networks. A delicious and sustainable lunch or dinner will be served at every class.
The Winter Accelerator culminates in the capstone Venture Fair, where students will showcase their startups to investors, industry leaders, potential co-founders and key partners in the good food economy.