'Social Investing' Bolsters Immokalee Student-Run Business
A small food business started and run by Immokalee High School students is paying for its expansion through a unique socially-minded funding effort.
Taste of Immokalee, the student-run business that uses Immokalee-grown produce to make salsas, hot sauces, and more, sought socially-minded investors in its goal to raise a quarter of a million dollars as it looks to expand. The outreach ultimately led to the creation of a unique fund by Naples-based investors to help the students' unique business.
Friday at 1 p.m., Taste of Immokalee Executive Director Marie Capita and student leader Kayla Boney discuss how the business grew from an idea to support local growers to a brand that now appears in local supermarkets across Southwest Florida. They'll also explain how they hope to grow with the new funding.
Also joining the show is Tim Cartwright, chairman of Tamiami Angel Funds, explaining how socially-minded investing can help local businesses, and how his funding group engineered a new kind of investing to help Taste of Immokalee.