Michigan Good Food Fund
The Michigan Good Food Fund (MGFF) is a $30 million public-private partnership loan and grant fund for good food enterprises that benefit underserved communities across Michigan. Launched in 2015, the fund offers financing and business assistance to good food enterprises that grow, process, distribute, and sell healthy food that reaches low-income populations in Michigan.
Projects supported by the MGFF will increase access to healthy food, improve the health of children and families across Michigan, and spark economic development and job creation in the communities that need it most.
CRFS leads business assistance and pipeline development for agricultural production, aggregation and distribution, as well as processing projects. CRFS also will coordinate the evaluation of the MGFF. CRFS is one of three partner organizations that facilitate the core functions of the MGFF. The others are:
- Fair Food Network, a Michigan-based national nonprofit committed to pioneering solutions that support farmers, strengthen local economies, and increase access to healthy food, leads outreach and communications. It also provides business assistance and pipeline development for retail and small-batch value-added projects.
- Capital Impact Partners, a nonprofit certified Community Development Financial Institution with a 30-year history lending to projects in underserved communities, manages the fund.
- W.K. Kellogg Foundation is one of the fund’s supporters and investors. Guided by the belief that all children should have an equal opportunity to thrive, WKKF works with communities to create conditions for vulnerable children so they can realize their full potential in school, work, and life.
Many other partners were involved in the development of the MGFF; a full listing can be found on the MGFF website.