Newbo City Market

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Our mission as a nonprofit business incubator and event space is to foster regional economic development by uplifting entrepreneurs and artists. We are a nonprofit fostering regional economic development by uplifting entrepreneurs and artists. NEWBO CITY MARKET IS A SMALL BUSINESS INCUBATOR FOR FOOD AND RETAIL START-UPS, AN ARTS AND EVENTS CENTER, AND SERVES OUR COMMUNITY THROUGH ECONOMIC DEVELOPMENT AND PHILANTHROPIC OUTREACH.
270600567
EIN
2009
Founded
Cedar Rapids, IA 52401 USA
Address
newbocitymarket.org
Web
NewBoCityMarket
Twitter (4297)
NewBoCityMarket
Facebook (36000)
Description

NewBo City Market

Overview

NewBo City Market is a nonprofit organization located in Cedar Rapids, Iowa, that serves as a community hub promoting local entrepreneurship, health, and sustainability. Established in 2012, it has become a dynamic public space within the New Bohemia District, offering a variety of food and retail business start-ups, farmers' markets, and community events.

Mission and Activities

The mission of NewBo City Market is to support local talent and resources, address food insecurity, and foster community engagement through various programs and events. It functions as a business incubator for small food and retail enterprises, with a strong emphasis on the farm-to-table movement and the promotion of locally-sourced products. The market hosts numerous community arts, entertainment, and educational activities, creating a vibrant atmosphere for residents and visitors alike[1][2][3].

Sustainability Initiatives

NewBo City Market is committed to sustainability, implementing practices that balance community needs with environmental impact. The facility operates as a zero-waste location, employing compostable materials and utilizing a rainwater collection system to nourish its garden. Additionally, the market provides free electric vehicle charging, underscoring its focus on eco-friendly practices[1][2][4].

Historical Context

The New Bohemia area has a rich history, originally serving as an agricultural and manufacturing hub for the Czech and Slovak communities in Cedar Rapids. After facing significant challenges, such as the devastating flood of 2008, the region has undergone revitalization efforts, with NewBo City Market playing a pivotal role in this resurgence. The facility was repurposed from the former Quality Chef Foods plant, symbolizing resilience and hope for the neighborhood[2][3].

Financial Information

As of 2023, NewBo City Market reported a revenue of approximately $1.08 million, with expenses closely aligned at around $1.07 million. This financial stability enables the organization to continue its mission of community improvement and economic development[5].

Conclusion

NewBo City Market stands as a testament to local innovation and community spirit, providing a platform for small businesses and a gathering space for diverse populations. Through its commitment to sustainability and local engagement, it continues to enhance the quality of life in Cedar Rapids while fostering a sense of community.

[1] https://www.frontiercoop.com/newbo-city-market [2] https://www.newbocitymarket.org/about [3] https://www.cedarrapids.org/directory/detail/organizations-nonprofit/newbo-city-market/ [4] https://unitedwayofeastcentraliowa.galaxydigital.com/agency/detail/?agency_id=148197 [5] https://projects.propublica.org/nonprofits/organizations/270600567

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Home Shopkeepers Your Business Events Support About In the News Blog More Learn more about the NewBo City Market and its mission asa nonprofitbusiness incubator and event center. Meet our current shopkeepers and find out more about our incubator program. Check out our upcoming public events and find out more about hosting your private event at the Market. Find out the steps you can take to support NewBo City Market39s mission.

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