"Due Diligence for Food Businesses: What Investors & Entrepreneurs Need to Know

Entrepreneurs Ask: "What will Investors want to know about my business?"

Investors Ask: "What should I ask an Entrepreneur before investing?"

“Due Diligence” is a term that can strike fear and loathing into the hearts of both Investors and Entrepreneurs. Yet, its an important process of getting to know to know each other.

Given that the food industry is so extensively regulated and there are many specialized rules unique to agriculture and food production, even sophisticated investors and entrepreneurs can overlook important regulatory requirements.

Jason Foscolo and Lauren Holden of The Food Law Firm present a training workshop that will identify the areas of regulatory risk seen in their legal practice, including:

• § Food and nutrition labeling requirements

• § Liability, indemnification, and insurance.

• § Food safety regulations such as the Food Safety Modernization Act.

• § Labeling and Marketing Claims

• § Agricultural lending, the Uniform Commercial Code, and secured transactions.

• § Chapter 12, Agricultural Bankruptcy.

• § Special laws pertaining only to agriculture, such as the Perishable Agricultural Commodities Act, the Agricultural Fair Practices Act, and the Packers and Stockyards Act.

• § Environmental liability and compliance.

Entrepreneur Presentations:

After the Workshop, Slow Money NYC will feature 10 Minute Entrepreneur Presentations:

• Fig Food (http://figfood.com) Co. - CEO Joel Henry - Mission-based producer of packaged local beans, soups and purees.

• Revolution Rickshaws (http://revolutionrickshaws.com) - CEO Gregg Zuman - Operator of temperature-controlled freight tricycles designed to provide safe, green option for transport of local foods.

• Northeast Farm Access (http://nefarmaccess.com) - Founder Bob Bernstein - Developer of small farm preservation projects in the American Northeast.

Lightning Round: Concept Businesses

2-minute Elevator Pitches from Entrepreneurs whose business ideas are just been hatched:

• Spirited (http://spiritedbrooklyn.com) - Kimberley Wetherell - Bakery & dessert bar featuring sweets infused with local spirits and ingredients.

Withdrawn {{• Farmrz Market - Travis Pagel - Onine farmers market.}}

• Terre a Terre - Lisa Meyer - Multi-faceted food business focused on local food education, distribution, matchmaking, and marketing.

• BYOB - Jamie Saurman - Bar restaurant with special emphasis on teaching patrons how to brew their own beers.

Upcoming Meetings:

November 19, 2013 - CROWDFUNDING - Everything you ever wanted to know but were afraid to ask. The Moderns! Same location!