Project Description

We gave LuckyBolt a flexible impact loan to allow them to grow their commissary kitchen into a Kitchen + Takeaway. With this loan, LuckyBolt created a distribution hub for local farms and created local jobs. They also hired veterans and graduates of Kitchens For Good’s culinary apprenticeship program.

What They Do: LuckyBolt is a healthy food service social enterprise. They deliver bulk orders of lunches from local restaurants and the LuckyBolt Kitchen to corporate areas.

What They Stand For: LuckyBolt makes it easy & affordable to eat healthy while supporting sustainable farming. The LuckyBolt team seeks to create a better connected local food system.

Why We Invested: LuckyBolt outgrew their shared commercial kitchen and needed to expand. With our impact loan, LuckyBolt created a new space to connect local farms with restaurants, caterers and wholesale customers. This improves the lives of community farmers and provides fresh, high-quality ingredients to a wider audience.

Learn more about LuckyBolt on their website.

Updates:

7/2018- The LuckyBolt Kitchen+Takeaway opened in Sorrento Valley

12/2018- LuckyBolt is on track to open a second retail location! This increases meal production at their main kitchen and allows them to save with larger bulk orders.

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Project Details

  • Impact SegmentQuality Job Creation and Advancing Local Markets
  • Impact VehicleAdvance fund
  • Investment Details$250,000, 60 month term released in multiple disbursements
  • Impact GeographySan Diego County
  • LeadershipKris Schlesser
  • Year Founded2011