Annie Malhotra's Good Ventures, Good Deals series sparked an interest on my part to look behind the business and find out how entrepreneurs acquire the financing needed to start and run a social enterprise. The first post in the series featured Fifth Town Artisan Cheese Co, a local dairy started by Petra Kassun-Mutch. I recently had a chance to interview her by phone. Our conversation revealed the inside scoop behind Kassun-Mutch’s motivation for starting a social enterprise, her journey to raise financing to start a capital intensive business, as well as some guidance on where to find financing.
- What brought you to start and run your own social enterprise?
- Can you describe the process that you used to finance your company to begin with and what the ongoing process has been?
- It definitely seems like a hindrance for a lot of entrepreneurs to start their own social enterprises when it is so difficult to access operating capital in a capital intensive business. Do you have any advice for our readers?