Crowd-Finance Your Favorite Local Foodie Businesses

Crowd-Finance Your Favorite Local Foodie Businesses

Credibles is a service for funding small and sustainable food-related companies, where re-payment is in-kind with edible credits.

Emma Hutchings
  • 19 april 2012

Credibles” is a new type of investment model that offers an alternative way to invest in the local food system. The service, offered by Slow Money and powered by Clearbon, benefits small, sustainable food-related businesses like farms, restaurants and artisanal stores. Customers offer crowd-funding and are paid back in-kind, with edible credits, or “Credibles.” The NY Times writes:

The idea for Credibles arose from the Slow Money movement, which focuses on finding new sources of capital for small farms and other food enterprises. Its larger goals are to strengthen and promote sustainable, local food systems and move away from corporate agribusiness.

New Crowd-Financing Model For Local Food Businesses

This crowd-financing model allows those who invest their money to use their edible credits for a wide variety of products, from eggs to ice-cream, and they are also offered bonuses for their contributions. Gelateria Naia offers a 10% bonus for a $250 contribution, so that would be $275 worth of gelato. The more a customer invests, the better the perks get, and these include invites for tasting parties or a custom-designed gallon of their favorite flavor.



Dubai And The Future Of Humanitarian Design

Design & Architecture
Technology Yesterday

Concept Camera Designed To Only Take Unique Photos

Camera Restricta is tool that prompts photographers to only capture one-of-a-kind images

Design & Architecture Yesterday

Fragrance Will Release The Smell Of Data If Your Private Information Is Being Leaked

The device is designed to create a physical cue for the potential dangers lurking online


Get PSFK's Related Report: Sports Debrief

See All
Retail Yesterday

LYNK & CO Is A New Auto Brand That Promises Mobile Connectivity On Wheels

Online access and mobility sharing are driving the company to disrupt the auto industry

Related Expert

Horace Luke

Product As Service, Cities, Electric Vehicles

Travel Yesterday

Become A Citizen Of The First Nation In Space

Asgardia is a new concept for a floating society above Earth

Entertainment Yesterday

Speaker Displays Song Lyrics As Music Is Played

The device is able to generate the graphics on a translucent screen and retrieve the words from a connected database

AI Yesterday

Travel Assistant Scans Your Emails To Make Planning Easier

This AI add-on will sync with your inbox and sends reminders to make sure you don't miss anything important


Future Of Automotive
Scenarios Driving The Digital Transformation Of An Industry

PSFK Op-Ed october 20, 2016

Wearable Tech Expert: Designing Technology To Empower Connection To Ourselves

Billie Whitehouse, Founder of Wearable Experiments, shares her new vision for the quantified self

PSFK Labs Yesterday

PSFK Picks: Top 5 Performance-Enhancing Wearables

Our new report looks at innovations pioneering the future of performance through intelligent activewear and predictive analytics

Millennials Yesterday

FOMO Survival Kit Helps Millennials Cope With Social Anxieties

The satirical product is meant to be a playful diversion for people who feel like they are missing out

Food Yesterday

New York Restaurant Uses Tomato Sushi As Its Newest Meat Alternative

fresh&co is using sous vide Roma tomatoes to create a vegan option that has the texture and taste of tuna

Advertising Yesterday

Red Bull Converts Sao Paulo Payphones Into Data-Driven Bus Schedules

The booths allow city residents to check local transit times through a simple toll-free phone call

Work Yesterday

Health Expert: Nutritional Meal Replacements Are A Solution To Corporate Wellness

Ample Foods Founder Connor Young explains why supplements are the next food trend coming to the workplace

Retail Yesterday

Why Experiential Events Could Replace Trade Shows

Marketers are seeking creative and impactful new ways to connect with influencers

Children Yesterday

Modular Kit Teaches Kids How To Make Their Own Robots

MODI features magnetic modules and a platform for programming to encourage experimentation

Infants Yesterday

Work Table Doubles As A Baby Seat

Designer Kunsik Choi created the furniture to facilitate emotional communication between between parents and their children

Technology Yesterday

Album Turns Into Something New Each Time It’s Streamed

Bill Baird's new album explores the relationship between time and music through a website crafted by design team, One Pixel Wide

No search results found.