Food Studies Program

Selling Up: Business Succession in Maine's Food-Based Economy

Maine Workers

Save the date!


Thursday, November 1, 2018

10:00a - 4:00p
University of Southern Maine
Abromson Community Education Center
Portland Campus

⇒Click here to register for this event!


Selling a food-based business while maintaining its essential character and role in the local food economy is no small task. It's never too early to start planning! Come learn from Maine experts and food-based business owns, farmers, and fishermen who have successfully transitioned their businesses, be it to their employees, their children, or to unrelated buyers. Choose from break-out sessions on worker ownership models, legal and financial considerations, family dynamics, and more. Registration is required for this event.

Co-sponsored by the Food Studies Program at the University of Southern Maine, Cooperative Development Institute, Rosemont Market and Bakery, CEI, Maine Farmland Trust, and Land for Good.

 

Agenda


9:45a - 10:00a
Registration and Coffee

10:00a - 10:15a
Opening Remarks
Michael Hillard, Director of the Food Studies Program and Professor of Economics, University of Southern Maine

10:15a - 11:00a
Keynote Speakers
Bonnie Rukin, Coordinator, Slow Money Maine
Rob Brown, Director, Business Ownership Solutions Program, Cooperative Development Institute

11:00a - 12:00p
Panel: Diverse Approaches to Succession
Susanne Ward, Founder, Rock City Coffee
Merritt Carey, Board Member, Maine Aquaculture Co-op and Tenants Harbor Fisherman's Co-op
Mike Wiley, Co-owner Eventide, The Honey Paw, and Hugo’s
Amanda Beal, President and CEO, Maine Farmland Trust

12:00p - 12:30p
Questions/Comments

12:30p - 1:15p
Lunch (provided)

1:15p - 2:00p
Break-out Session #1

2:15p - 3:00p
Breakout Session #2

3:15p - 4:00p
Plenary/Wrap-up


Break-Out Sessions

(Registrants will select a first and second choice at registration.)

  1. Anatomy of a Succession, presented by Brad Swanson and Gray Harris, CEI
  2. Worker Ownership Models, presented by Jonah Fertig-Burd and Rob Brown, Cooperative Development Institute
  3. Legal and Financial Considerations in Ownership Transitions, presented by Chris Dargie, Bernstein Shur
  4. Family Dynamics of Transferring Businesses to the Next Generation, presented by Abby Sadauckas, Land for Good, Ethan Robertson, Farm Credit East, and Leslie Forstadt, University of Maine Cooperative Extension

 

For more information, please contact Lisa Marie Lindenschmidt, Administrative Specialist, Food Studies Program, at (207) 780-4490 or lmlinden@maine.edu.