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FaBcap Accelerator

WHAT IS THE FaBcap ACCELERATOR?

The FaBcap Accelerator is our business and finance program designed to build the capacity and capitalization of our growing food and beverage companies, positioning them for sustainable success.

We select ten growing food or beverage companies to participate in the one-year accelerator and anticipate these companies will be on the front edge of market demands.

Accelerator participants, or "Cappers," benefit from a dedicated industry coach, facilitated cohort meetings, a FaBcap Innovation Conference to kick the year off, and a Capstone event to graduate and receive a $10,000 check!

 
WHAT CAN THE SELECTED 10 CAPPERS EXPECT?

  • A year of one-on-one personal and Certified Financial and Business Coaching from Brad Rostowfske, FaB Wisconsin's Director of Industry Growth and Tera Johnson, Director of the Food Finance Institute (approximately 80 hours) 

  • A year of one-on-one "issue” coaching from industry experts

  • Five facilitated cohort meetings at area food companies (subjects covered include marketing, sales, operations, etc.)

  • A one-day Innovation Conference to kick things off

  • A FaBcapstone Closing Ceremony and a pitch to share their story, success and ambitions

  • A prepared company packaging for use in future financial requests

  • A $10,000 cash award 

ACCELERATOR TIMING AND COMMITMENTS

TIMELINE

Mid July - Mid August
FaBcap Application Period

Late August
Selection Announcement of 10 Cappers

September
Class 2 FaBcap Kick-Off Café Event: September 21, 2017

June
Class 2 FaBcap Pitch & Capstone Keynote Event: June 21, 2018

 

ONE-ON-ONE MEETINGS

  • General business coaching by Brad Rostowfske, FaB's Director of Industry Growth
  • Financing coaching by Tera Johnson, Director of the Food Finance Institute
  • FaB member business mentoring – to be assigned based on business need and focus
  • FaB member subject matter experts' consultation as needed

COHORT MEETINGS

October
FaBcap goals, deliverables, Capper presentations, cohort roundtable, Tera Johnson's Food Finance presentation, and other potential guest speaker

November - Marketing Focus
Capper presentations, cohort roundtable, Bader Rutter branding and marketing presentation, and other potential guest speaker

January - Sales and Distribution Focus
Capper presentations, cohort roundtable, broker/distributor/retailer presentation, and other potential guest speaker

April - Operations Focus
Capper presentations, cohort roundtable, production/supply/chain/food safety presentation, and other potential guest speaker

May
Investor Pitch Presentation rehearsal and other potential guest speaker

June
FaBcap Investor Pitch Event and Closing Ceremony



PRAISE FOR FaBcap

"FaB Wisconsin's efforts haven't really been replicated anywhere in the country, and its accelerator will help startups establish crucial industry connections. Creating a supportive environment for those companies through an accelerator is a great way to get them to the next level."   
                   
- Grant Ferrier, President of the Nutrition Capital Network



"It turns out that food businesses, local and otherwise, make money (and don't) in predictable ways. The more entrepreneurs, investors, and financial professionals have a common understanding of what works, the more successes we'll have."      

- Tera Johnson, Founding Director of the Food Finance Institute



"Just having someone [like FaB's Brad Rostowfske] who has built process engineering plants in the past, they're so connected with groups that can help out. We've been able to analyze our brewing process and make tweaks to be confident in all our projections."

- Henry Schwartz, CEO of MobCraft Beer and FaBcap One participant
 


"If you knew me before this, you would have said, 'This guy will never get involved in something like this.' It’s true! But for some reason I did and it has been the best decision I have made so far for Clean Beam!"

- Mark Cottone, Manager of Clean Beam and FaBcap Two participant
 

 
 FaBcap Presenting Sponsors

FaBcap Program Sponsors
 



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