Slow Money NC kicked off 2013 with an exciting new program called Funds to Farms: A Celebration of Local Food.
Together with the Carolina Farm Stewardship Association, Slow Money NC recruited 33 applications from area farmers who were looking for capital. Then they selected five farmers who pitched their idea to a sell-out crowd of over 120 people at a fund-raising dinner on January 27th at a Fullsteam Brewery in Durham, NC. Thanks to generous food and drink donations, the event raised $2900 which was then shared among the winning presenters. In the end, all the farmers took home some cash – $1000 for 1st place, $600 for 2nd place and $200 for the 3 runner-ups.
The concept is based on the Soup Movement, which has taken hold in art enclaves in NYC, Fort Worth, Los Angeles, Louisville, Philadelphia and Detroit. Using a unique, community-based microfinance model, groups like FEAST and posSOUPbility are bringing people together over a bowl of soup as a way to raise money for community-minded projects.