FERRISBURGH — Dairy farmers J.D. and Cheryl DeVos have 200 milkers, a vision, a business plan and an anchor investor. Now they are looking for a few good localvores interested in putting their money where their mouths are.
The couple are at the money-raising stage to establish Green Mountain Organic Creamery to bottle some of the milk from their pastured Holsteins and Jerseys to sell in Vermont and beyond.
Half the $1 million cost of the project would be borrowed from conventional lenders. The remainder they hope to raise from “slow money” investors: people willing to accept a somewhat slower and lower return on their investments because they value the social and community benefits of strengthening local food production.
To read the rest of the story, please go to: Burlington Free Press
