Good Vending LLC | Application Preview
Good Vending LLC is applying for government grants to expand their healthy food distribution network. The funding will enable them to create additional access points, particularly benefiting underserved residents, including children and families, by offering affordable nutrition options.
The business aims to grow by enhancing partnerships with local governments, public schools, universities, and corporations, which will not only increase distribution sites but also generate new job opportunities within the community.
Approval of the grant is justified by the potential positive impact on community health. By supplying healthy food options in "food deserts," they can help families make better nutritional choices, which can lead to improved overall health outcomes and support in areas such as employment and education.
In terms of competition, Good Vending LLC faces rivals like AVI Systems, Advantage Food Systems, and Canteen. However, their distinctive commitment to charitable giving sets them apart, as they donate 10% of profits to local charities selected by their access point managers, a level of community support not matched by other distributors.
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General Information
Business Registration Number: 85-4016427
Location: Columbus, OH, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $500k to $1M
Annual Gross Expense: $250k to $500k
Open to Loans: YES
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Funding Usage
We are requesting the grant funding so that we can provide more access points for our healthy food distribution. It’s because of our existing access points that local underserved residents, mainly kids and families, are able to secure the proper nutrition at low costs. This funding will help us provide more access points.
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Business Plan
We plan on growing our business by expanding upon our existing contracts with local governments, public schools, universities and corporations to increase the number of access points which will create numerous new local jobs. Investors will see that providing capital to our business will increase our ability to provide healthy food to underserved populations in “food deserts”. This will in turn help those community members to provide better nutrition to their families and make healthier decisions throughout their lives. More food choices leads to other healthy life outcomes including work experiences, child care and positive education habits.
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Self Identified Competition
1. AVI Systems 2. Advantage Food Systems 3. Canteen We are founded in charitable giving, where 10% of our profits are donated to local charities chosen by our access point managers. No other food distributor or retailer provides anywhere near this level of giving.
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Contact Applicant
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