BC Food & Beverage members in good standing are hereby invited to the Annual General Meeting (AGM) to be held virtually on Wednesday, June 28th beginning from 11:00 am to 11:45 am.  As we share with members a recap of 2022, including highlights and financial performance, a look ahead to 2023, and the election of new Directors.

The purpose of the meeting is to:  

1. approve the minutes of the 2022 Annual General Meeting;

2. receive the Audited Financial Statements for 2022;

3. Reaffirm Grant Thornton as BCFB’s Auditors for 2023;

4. Review of 2022 presented by James Donaldson, BCFB CEO

5. Election Directors

Join BCFB and Vancity for this presentation as Puneet Jain discusses the key things that a lender looks for when considering to lend to a business.

Key Takeaways: 

• Lenders consider an applicant's credit score, income, and employment history to assess their ability to repay the loan.
• A borrower's debt-to-income ratio is another factor that lenders may look at.
• Collateral may be required for secured loans.
• For business loans, lenders may want to review the borrower's business plan and industry trends.
• The purpose of the loan is also an important factor for lenders.
• Financial statements are often required to assess the borrower's financial health.
• Lenders may review the borrower's cash flow to ensure they have enough cash to make loan payments.

 Presented by:

• With a background in finance and law, Puneet has been working at Vancity for 13 years as a Small Business Advisor and Microfinance Program Manager. In this role, he offers coaching, guidance, and financial support to small businesses in their early stages of development as well as those that are expanding

Thank you to our 2023 Title Sponsor:                                

 Are you a Founder looking to connect and hear stories from other entrepreneurs? We're inviting you to spend a Founders After Hours evening eating, drinking and connecting with some BC Food & Beverage friends.

Alisa Hutton, BCFB COO, is inviting you to join her, Rob Adamovsky and Grayson Bain of LFG Partners, to spend the night connecting, networking. Rob and Grayson, will be spend some time sharing about some funding you can get for your R&D cost to make sure you aren’t leaving any money on the floor. More than ever, you want to make sure you are taking advantage of any cost savings. 

Both Rob and Grayson, specifically work with SMEs in this area and will be there for great advice and to answer any of your questions. Join us at Havana on Commercial Drive at 6PM. 

First round of drinks is on BCFB, but dinner will be at your expense.