Supporting Food Entrepreneurs
Lagos, Nigeria
International Finance Corporation, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Creating opportunities for Small and Medium Enterprises (SMEs) in emerging markets is a key priority of IFC. New Venture Advisors is assisting IFC in evaluating support services that may enable Nigerian SMEs in the food & beverage sector to successfully access and compete in the formal supply chain. Learn more about our strategic consulting services
The Hatchery
Chicago, IL
In partnership with IFF, Accion and the Industrial Council of Nearwest Chicago, New Venture Advisors assessed the market demand for a large, innovative food business incubator to be developed in East Garfield Park and serve as a job creator in this lower income neighborhood. The incubator will combine private production kitchens, a shared-use kitchen and comprehensive business support services, filling a much needed gap for food entrepreneurs in Chicago. Learn more about food business incubators
Northwest Kansas Food Hub
Bird City, KS
The Greater Northwest Kansas Community Foundation and Northwest Kansas Economic Innovation Center, Inc. are assessing the feasibility of a food hub to be located in the region. The project will be instrumental in discerning whether a permanent food hub is a viable option for bringing more fresh produce to the Kansas market. The project team is conducting the study using our Do-It-Yourself Feasibility Study Toolkit that features coaching from New Venture Advisors through a 10-step work plan. Learn more about our DIY Feasibility Study Toolkit
Our Services
New Venture Advisors designed a multi-stage process to uncover the needs of our clients and opportunities within their markets, and help them develop solutions through new food ventures. We conduct Food Systems Assessments, lead Feasibility Studies, develop Business Plans and help businesses grow through customized consulting. Learn More
Our Expertise
New Venture Advisors has led more than 60 projects across the country in food systems and food enterprise development. In doing so, we’ve gained expertise in designing customized models of local food hubs and distribution systems, food business incubators, food processing operations, food enterprises focused on health access and equity, and small grains ventures, to name a few. Learn More
About Us
Our team brings a multi-faceted perspective to the sustainable food industry. We combine sharp business acumen with real-world entrepreneurial experience and a passion for impact to help our clients build businesses that are socially and economically sustainable. Learn More
Good Food Glossary: Supply Chain vs. Value Chain
Supply Chain vs. Value Chain: Why a Value Chain is the new Supply Chain While presenting to a client in Texas on supply chains, we realized that we were using the words supply chain and value chain interchangeably -- is that correct? The answer is no. But, like all...
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Building A Food System We Can All Be Proud Of
Last night I had the genuine pleasure of sharing a few remarks about sustainable food systems with a group of food industry professionals in Chicago. It was an event hosted by Chicagoland Food & Beverage Network, formed last year to catalyze the 4,500 food companies...
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Toolsite Spotlight: A How-To Guide for MarketSizer® and HubSizer® Users
New Venture Advisors launched the MarketSizer® and HubSizer® Toolsite earlier this year to enable anyone to conduct preliminary assessments of various types of food system infrastructure. The results allow users to refine their food business concepts and due diligence...
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