Launch of Co-op Food Market
Motto: "To edify a community through Entrepreneurship!"
My name is Antoinette Schmidt, a Graduate/Entrepreneur seeking to edify the Island community of Saint Eustatius under the auspices of SanD's - the Enterprise. "SanD's" is launching a 'grassroots empowerment program' to promote Entrepreneurship amongst the populace, and to become the medium for future economic transference of ownership and empowerment of the citizenry. The project entails the establishment of a Co-op Food Market on the island of Saint Eustatius along with edifices to house Four (4) 'New' Entrepreneurs included herein, a 'Wellness Center' to educate and encourage a health-conscious lifestyle through nutrition and exercise to combat chronic non-communicable diseases and other physical health conditions.
This iconic building will become an assembly to the community, and its location adjacent to the FDR Airport will serve residents, businesses and visitors to the Island alike. The restart and completion of the SanD's Commercial Complex at Concordia, Saint Eustatius was the focal point of my thesis upon graduation from The Hague University of Applied Sciences curriculum of International Business & Management last year July. Wherein, I identified Crowdfunding and the establishment of a Guaranteed Fund as the instruments to bypass the impasse currently on the Island in the availability and accessibility of external financing modules. On becoming operational the Co-op Food Market will directly employ 10 individuals, and, at the complementary businesses it is estimated another 10-15 workers will be added. The Management of the Co-op Food Market is shared within my jurisdiction as Managing Director of the Enterprise under supervision of a Board of Supervisory Directors.
The goal set hereunder for Crowdfunding is: USD $495,000.00;
To be raised over three separate funding rounds, namely:
- Construction of Roof (1st Floor Concrete Slab);
- Build
Out;
- Stock/Opening Co-op Food Market;
This amount will ensure the completion of the Ground Floor of the
SanD's project at Concordia of which 35% is erected thus far. And, the
build out of the Co-op and stock of the Food Market.
In the event of excess funds contributed to the SanD's project
by supporters, these will be applied to furtherance of the
construction of the Eight (8) residential units atop on the 1st Floor.
All funding solicited and operational revenues/expenditures will
be duly accounted for in an annual report to which all contributors to
the project will be able to attain access to monitor the progress and
undertakings of the Enterprise.
To honour Contributors to the SanD's project, to instill the bond to
the 'Grassroots Empowerment Program', we shall allot 2 parcels of 5
'Common B~Shares' of the Enterprise for each installment of USD
$50,000.00 raised. Valued at USD $100,000.00 with full disbursement
upon completion of
the Ground Floor.
Further, for all Donations of USD $1,000.00 or higher to the
Crowdfunding campaign will qualify participants to have their names
added to the 'Wall of Fame'. A mural situated in the Lobby of the
Co-op Food Market applauding the pioneers to the 'Grassroots
Empowerment Program'.
Imploring Life, Health and Economic Empowerment - no limits will be set upon the Human to live and succeed. All contributions and support is at the full discretion of the global Family.
Sincerely,
Antoinette Schmidt
Managing Director
SanD's Vastgoed & Beheermaatschappij N.V.
