RSF Seed Fund Grantee Highlight: Catskill Mountainkeeper

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RSF Seed Fund Grantee Highlight: Catskill Mountainkeeper

BY Ellie Lanphier
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.@RSFSocFinance Seed Fund grantee @mountainkeeper is helping farmers expand business & boost local economy in NY:

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Thursday, May 15, 2014 - 11:35am

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Catskill Mountainkeeper takes on the important and often difficult role of striving to be the best advocate for sustainable growth and resource preservation in the seven-county Catskill region of New York. Through innovative programs and partnerships, Catskill Mountainkeeper has mapped and made available all the trails of Sullivan County, facilitates the region’s movement towards renewable energy, and is growing the next generation of food entrepreneurs. In 2013, Catskill Mountainkeeper received a grant from the RSF Social Finance Seed Fund to support the pilot launch of the Capital Access Loan Program, designed to help regional farmers expand their businesses and boost the local economy.

The Capital Access Loan Program grew out of two studies commissioned by Mountainkeeper, “A Western Catskill Region Foodshed Research & Analysis,” and “Ground Up,” which demonstrated an immense opportunity within the region to grow the local agricultural economy. Catskill Mountainkeeper:

The report found that agriculture has the lowest start-up infrastructure cost of any land use for economic growth and an average economic multiple of 2.5 (for every dollar earned by a farmer 2.5 dollars are pumped into the regional economy). Coupled with our region’s abundance of accessible clean water, the lowest land costs within 100 miles of New York City and access to the thriving New York metro market, the Catskills is a prime area for agriculture. The New York metro market with its population of over 20 million is currently experiencing a strong trend towards the purchase and consumption of food that is grown within 100 miles. The demand clearly exceeds the supply available and this trend will continue to grow.

Working with business consultants and a well-established bank co-founded by farmers, Catskill Mountainkeeper vets organizations that apply for business expansion loans from $15,000 to $40,000 at low interest rates, and seeks to provide long payback periods and grace periods when needed. (For more details on who qualifies: Capital Access Program Inquiry Form) With every loan comes help with business planning services, an important piece to the model’s efficacy and to the success of the farmer.

The Seed Fund grant supported this business planning component specifically. “The Seed Fund provides small grants – but this one had a big impact,” says Catskill Mountainkeeper’s Development Director Jennifer Edwards. “Most of the funds we raised for this program are restricted to the capital loan.  It is more difficult to raise funding for the necessary staff and consultant time to implement the program. This grant allowed us to develop a highly conceptualized business plan and we expect to see long-term and far-reaching successful outcomes from this work.”

One lucky applicant to receive funding in the past year is Jonah Shaw of Catskill Food Company, a farm-based, artisanal handcrafted foods enterprise using ingredients farmed almost exclusively in New York. Shaw, who has made a career in many facets of the food industry with a mind for sustainability, creates his sausages from heritage pigs and all processing takes place within the state, featuring seasonal ingredients when available. Catskill Mountainkeeper chose Catskill Food Company as a great example of how a viable local food system can create jobs and meet the desire for local food in the region.

Catskill Mountainkeeper’s work is greatly influenced by their perspective that their region has come to a crossroads, and that what develops now will determine their future for many years to come. They have chosen to promote their natural resources, natural beauty, local talent pool and fortuitous location and hope to lead the region to a sustainable and profitable future.

To learn more about the RSF Seed Fund, or to donate, please visit our website.

Ellie Lanphier is Program Associate of Philanthropic Services at RSF Social Finance


Keywords: Finance & Socially Responsible Investment | Catskill Mountainkeeper | Catskill Mountains | Conservation | Environment & Climate Change | Ethical Production & Consumption | Finance & Socially Responsible Investment | Local Farming | Philanthropy | RSF Social Finance | capital access

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