Individual Development Accounts

Food Roots has been supporting food system entrepreneurs with access to Individual Development Accounts through our partnership with Casa of Oregon since 2009.

 

What is an IDA?

The Individual Development Account, or IDA, is an asset-building tool designed to enable entrepreneurs with modest financial resources to save money that they can invest in their existing or startup business. ​

 

With a Food Roots IDA, participants will receive a 5:1 match on their savings, so for every $1 saved, the program will match it with $5. In addition, participants build important business skills such as financial management and writing a business plan through required financial education classes, asset specific training and individual business counseling.

You may be eligible if:

  • You plan to expand or start up a food-system (farm, fish, value-added or prepared food) related business

  • You are a Tillamook or Clatsop County resident or vendor

  • Your Net Assets (net worth) are not more than $20,000 (what you own minus what you owe, not including your home, one vehicle, business assets and up to $120,000 of retirement savings.)

  • Your household maximum income is within these OR-IDA Income Eligibility Limits.

​How to apply for an IDA:

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Contact Lainie to schedule a meeting at 

503-815-2800 or ida@foodrootsnw.org

If you’d like more information on IDAs, partner organizations, or how you can purchase an IDA State Tax Credit, check out the Oregon IDA Initiative.

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Selling with Food Roots Marketplace

Interested in selling your products through Food Roots? We're always accepting applications for new vendors!

Eligible products for sale through Food Roots Marketplace will have been grown, fished, or produced in our north coast region.

 

Vendor Application Procedures:

Here's how to get started:

  1. Read and understand our Food Roots Marketplace Operations, Policies, Eligible Products.

  2. Fill out the Vendor Application Form with as much detail as possible. FarmTable staff will be in touch to determine whether your application has been accepted. 

  3. Once accepted, complete a brief orientation of FarmTable with our staff. You will also receive an account and orientation for Local Food Marketplace, the platform through which we run our online store.

  4. Submit an administration fee of $20 to Food Roots. We accept cash or checks made payable to Food Roots (memo “FarmTable vendor fee”).

  5. Sign and return our Food Roots Marketplace, Policies, Eligible Products form.

  6. New producers of edible food products must acquire necessary product liability insurance and applicable Oregon Department of Agriculture issued licenses and provide a copy to Food Roots FarmTable. Please review the "Resources for Producers" below for more specifics.

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Resources for Producers

If you're just getting started or want to learn more about selling your products, the Oregon Department of Agriculture has some great Farm Direct Resources for growers: