2020 was a year for the books. With the highest of highs and the lowest of lows, FS6 has come out on the other side revitalized, emboldened, and inspired by the work of our team, our entrepreneurs, and the ecosystem of supporters that rallied to build bridges, community, and resilience in a tumultuous year. Read on to learn more about what FS6 has been working on over the past 12 months:
As we all know too well, the arrival of the COVID-19 outbreak in the US turned the food and agriculture industry on its head. However, it was a time of learning and growing for FS6 and our portfolio companies, and this time further validated the FS6 hypothesis that a food system focused on the health and well-being of all is a stronger, more resilient system.
As the industry at large was seeing production stoppages, a drop in demand, and a general tightening of the belts, many of the FS6 entrepreneurs were seeing an unprecedented explosion of demand for their services, products, and expertise. The story of how COVID affected each of them could fill this full report so, suffice it to say, our firm belief is that the challenges of COVID-19 in the food industry are not materially different than those we were struggling with before. What the coronavirus has done is to shine a spotlight on the parts of our food system that were already broken, fragile, and extractive, and paint a clear picture of what the world could look like if we fail to support the solutions that are prioritizing the health and wellbeing of their employees; who are working hard to make diversified small-mid sized farms financially viable; who are rejuvenating regional economies; and regenerating our ecosystems.
** Read more: Supporting Small-to-Midsized Agriculture and Localized Food Distribution During COVID-19
FS6 is a nonprofit based in the San Francisco Bay Area whose mission is to support impact-driven entrepreneurs as they transform how we grow, produce, and distribute food. The organization runs a comprehensive accelerator program that mentors entrepreneurs by coaching them through a wide range of business and organizational needs. FS6 also works to educate stakeholders on the unique capital needs as it relates to redefining the food system.