Premier's Award for Agri-Food Innovation Excellence

2017 / 2016 / 2015 / 2014 / 2012-13 / 2011 / 2010 / 2009 / 2008 / 2007 / 2006

 

2011 Regional Award Winner

 

Creemore 100 Mile Store - Creemore

+ High resolution

Photo of Fareed Amin, Deputy Minister, Agriculture, Food and Rural Affairs, Jackie Durnford and Sandra Lackie

Fareed Amin, Deputy Minister, Agriculture, Food and Rural Affairs, Jackie Durnford and Sandra Lackie

They do things differently - and successfully - in Creemore. A new model of micro-financing has produced a store that carries local food products, giving Simcoe County farmers a market, consumers fresh local groceries, and the 47 shareholders a thriving business. The way it works is that each Class A share is worth $1,000, and offers a return on investment in five years, although some have already realized returns since the store began in 2008. Shareholders are local women, or women with ties to the local community. Payment options to investors can come in the form of cheques, re-investment in the store, or as a store credit. The store runs year-round and because it sells only local products, has a small environmental footprint.


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