Boston-area urban farming company announces launch of community investment campaign to fuel expansion efforts, further impact throughout Northeast.
BriefingWire.com, 7/01/2015 – Somerville, MA: Green City Growers (GCG) announced today their offer to local community members to help grow Greater Boston’s urban agricultural movement by investing in their community investment opportunity, also known as a direct public offering (DPO). Unlike an initial public offering on a stock exchange, a DPO allows a business or non-profit organization to raise money in small increments from a broad, non-accredited investor base.
“Green City Growers is a central part of Boston’s green revolution. We have the experience, reputation and infrastructure to bring our services to the next level, and we want the local community to be a part of it, to grow with us” says Jessie Banhazl, CEO and founder, who has led the company to profitability while setting the standard in urban agriculture for Greater Boston. “A DPO allows the very community members who have supported us since our founding to be a part of our mission-driven company.”
Green City Growers has redefined urban agricultural production by making innovative use of rooftops, vacant lots, parking garages, and other previously unutilized spaces to grow vegetables for clients including Whole Foods Market, b.good, and the Boston Red Sox’ Fenway Park. The company’s need for additional capital inspired GCG’s management team to find a similarly innovative method of fundraising.
GCG was inspired by local company Real Pickles’ success at raising half a million dollars through their community investment campaign in 2013 with legal guidance from Cutting Edge Capital.
“GCG has the key characteristics that other successful investment campaign have had: a strong mission, a trusted business reputation, loyal customers, and a well-designed plan to implement investment proceeds” noted Kim Arnone, Vice President of Cutting Edge Capital.
GCG hopes to raise $300,000 in debt over the summer through community investment campaigns. Visit greencitygrowers.com/invest for more information.
About Green City Growers:
Green City Growers (GCG) is an urban agriculture business specializing in the installation and maintenance of raised bed gardens, rooftop farms and indoor growing systems, using only organic OMRI approved methods. GCG transforms otherwise unused space into thriving urban farms providing schools, home-owners, restaurants, businesses and communities immediate access to nutritious food, while revitalizing city landscapes and inspiring self-sufficiency through garden education programs.
This is not an offer to sell or a solicitation of any offer to buy any securities. Offers are made only by prospectus or other offering materials. There are risks associated with an investment in our company and you should not invest unless you can afford the loss of your entire investment. The Commonwealth of Massachusetts does not recommend or endorse the purchase of these securities.