A new initiative launched by the Ticonderoga food Co-op kicked off at StreetFest July 26.
‘Let’s Open The Doors’ is a campaign to recruit new member-owners needed to open a market in downtown Ticonderoga.
“The Ticonderoga Natural Foods Co-op came out of a community conversation in 2012 about the lack of a locally owned grocery store in Ticonderoga ,” said Steering Committee member Sharon Reynolds. “This campaign is about taking the momentum we have built to the next level and actively recruiting member-owners of the Co-op.”
The Ticonderoga Natural Foods Co-op will be member-owned, but open to the public. The Co-op will connect local consumers with the abundant, high-quality foods and agriculture products from the adirondacks, Champlain Valley and neighboring regions.
“After months of work it is exciting to be at the point where we can launch this campaign and give people the opportunity to get in on the ground floor,” said steering committee member Eric Stoddard.
Stoddard added that it is not everyday that you can say you helped start a cooperative business that can make a major improvement in your community.
Member owners of the co-op will make a one-time $250 equity investment—a share in the co-op and receive benefits including store discounts and rebates when the Co-op earns a surplus income, as well as a voice in the decision making.
“We need investments from at least 300 new member-owners to make it happen,” said Reynolds. “Simply put, the faster we can bring them on board, the faster we can open the store.”