Conjure Collective

Conjure Collective

Bready or Knot, Here we Come

The Conjure Collective seeks to reduce food scarcity in our community. Our goal is becoming a profitable small business, that helps launch other small food businesses in the area.We are a local farm to market manufacturer that specializes in bready stuff, waffle stuff, gummy stuff, schmeary stuff, cookie stuff, cakey stuff, and crackery stuff. 

 

View on Mainvest
Security Type
Revenue Sharing
Industry
Food & Bev
Min Investment
$100
Location
Lafayette, LA
Offering Date
June 15, 2021
Expected Close Date
July 30, 2021
Amount Raised
$1,500
Security Price
$1

Use of Proceeds

  • Equipment: $6,000
  • Operating Capital : $6,700
  • Licensing and Barcode Acquisition: $1,400
  • Mainvest Compensation: $900

Management

Robin Bugge, Co Founder
Born in Central Oregon, but arriving to Louisiana via Kentucky and Texas, Robin seeks out ways to improve the world around here. She worked in hospitality management for fifteen years, and natural foods retail for five. While acquiring her degree in hospitality and tourism management, her focus was on institutional food systems. During her research of prisons and schools, she decided that wherever life took her, she would do her part to reduce food insecurity. About six months into the pandemic, Robin and Dora had a conversation about how they wanted to do more, do BETTER for their communities, while also building a profitable future. The business is growing rapidly, and community interest is high.

Dora Poitevint, Co Founder
A life long West Texan until her recent move to Lafayette, Louisiana, Dora made a career out of retail management for 15 years. In her spare time, she also had a side business, Mama Dee's, where she designed and manufactured children's clothes and costumes. Like Robin, the pandemic made Dora reflect on what's most important for her and her son, Calder. Utilizing her years in HR, marketing, and her tremendous artistic talent, she's helped create a Conjure Collective that connects on a human level. Between this and her business acumen, she and Robin form a solid partnership.

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Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

Key Deal Facts

Local sourcing when possible
Hire from the community most affected by food deserts
Partner with local food bank to provide low cost vegetable options at pop ups
Become a part of the festival culture that defines Lafayette
Provide monthly updates to our investors. They will see how their investment, and the crops that get us there, grow.

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