Backup_ATCFPB_Community-Owned_Food_Retail_Initiative_flier — original pdf

Backup

Austin Community-Owned Food Retail Initiative The Austin Community-Owned Food Retail Initiative is an effort to open a new community-owned grocery store in an Austin neighborhood lacking access to healthy food retail options. This project is funded by $500,000 from Austin’s allocation from the federal American Rescue Plan Act (ARPA). Three Step Plan 1. Engage residents to gauge interest and support 2. Develop a business plan for the community grocery store 3. Open a small-scale model to test the grocery store concept The City of Austin will hire a skilled third-party administrator to assist with the Austin Community-Owned Food Retail Initiative. Phase I: Organizing and Development (Spring 2022 - Fall 2023) • Community engagement and organizing • Business planning and feasibility studying • Store planning (e.g., location, format, structure) • Steering Committee and Member Cohort development Phase I: Critical Milestones • Steering Committee has seven to nine members • Member Cohort has at least 300 households • Business plan and feasibility study proves the store will be sustainable Phase II: Pilot Operations (Fall 2023 - Winter 2024) • Provide seed funding • Launch pilot operations • Ongoing assistance and support www.austintexas.gov/edd Questions? Email edd@austintexas.gov Follow @AustinEconDev on Twitter, Facebook, and YouTube