Featured Cluster Successes
Food’NBev Connect is a new step forward for CT based brands, but we have been active in “stealth” mode for the past several months. We have already had some community and individual company successes. Here are a few examples of how we can help:
After hosting a Zoom workshop on Distribution and Broker relations, four brands pursued new relationships with one of the speaker’s on-line services and are on-boarding their SKUs.
A sauce and marinade member was having difficulty bringing down COGS. We helped identify an alternative jar and lid supplier that saved almost 50% and could deliver in needed quantities.
While undergoing significant expansion, one of our launch members realized they needed to reach out and do their first external capital raise. We advised them on their pitch, helped establish the amount of capital needed and have begun making investor referrals for them. We anticipate a close by end of year.
We introduced a new product idea to one of our members that would use by-product ingredients from another company to create a new offering. This cross-over and collaboration focused on sustainability and market and the new product is in final testing. A test market was done at a recent food market event and the product was a huge hit!