New Invesment Fund Aims To Be the ‘Shark Tank’ of the Restaurant Business
The board of advisors includes chef Nancy Cushman, the co-owner of O Ya.
For chefs, the hardest part of opening a restaurant is typically coming up with the money to do so. But wannabe-restaurateurs in the Boston area have a new potential resource, reports the Boston Globe: Restaurant Investment Group, a private equity fund intended “to help promising young chefs set out on their own.”
Think of it like a restaurant-focused Shark Tank. Restaurant Investment Group’s website explains the concept:
The Board of Advisors will vet applications from chefs and then make recommendations to the Restaurant Investment Group’s Investment Committee. The Advisors’…