Naledo Foods and Beverages Inc.: In Search of Investment Capital
Naledo Foods and Beverages Inc. (Naledo) was a small start-up headquartered in Vancouver, British Columbia, that operated as a social enterprise in the Toledo District of Belize. In 2018, Naledo's operation in Belize produced about 500 jars a day of wildcrafted turmeric paste. With large orders sometimes taking up to six weeks to fill, it was imperative for Naledo to find a way to increase production, and for that, the company needed capital. Naledo's chief operating officer was thus considering ways to raise the necessary capital. Bonita Russell is affiliated with Vancouver Island University.