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US (AK): Entrepreneurs brainstorm new plan for Seeds of Change

The Seeds of Change hydroponic farm that was at risk of shutting down two months ago is operating under a new business plan and has stopped losing about $30,000 per month.

The shift came after Anchorage’s entrepreneurial community brainstormed with Seeds of Change management in February. As a result, the non-profit whose purpose is to provide youth employment and pursue a high-volume growing operation is turning around.

“We’re in a much better place than we were before,” said Ryan Witten, Seeds’ community development manager. “We were told we have funding through the end of March, by the (Anchorage Community Mental Health Services) board. Unless we have a plan for the future, they would be forced to shut down. That is absolutely not what the board wants to do.”

That led to calling on Nigel Sharp, the University of Alaska Anchorage Global Entrepreneur in Residence, or GEIR.

Sharp, the university’s first GEIR and one of only a handful around the nation, has held startup weekends, technology sprints and other events to guide savvy startups since arriving in Alaska last June. But this was the first chance to put together a think tank of expertise moving from theory to a hands-on rescue of a distressed business.

Read more at the Alaska Journal of Commerce (Naomi Klouda)
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