The document discusses strategies for building sustainable rural economies through community-owned enterprises. It proposes establishing a regional food production hub called the Republic Food Enterprise Center to address gaps in the local food supply chain. The center would work with area farmers, stabilize seconds and surplus crops, produce value-added foods, and partner with end buyers. A worker cooperative model is suggested to create local jobs and wealth. The goal is to leverage existing community assets to develop a self-sufficient and resilient local food system.
The document discusses the rise of the local living economies movement as an alternative to corporate globalization. It argues that corporate globalization has led to the decline of local communities and consolidation of wealth and power into large corporations. The local living economies movement aims to build sustainable local economies through independent and community-based businesses that remain locally owned and foster strong community relationships. It promotes regional brands and decentralized decision-making over national branding and centralized corporate control. The goal is to maximize social and environmental benefits rather than profits and growth.
Unleashing Municipal Enterprise discusses empowering local governments in the UK to stimulate economic growth through "Municipal Enterprise". It argues that overly centralized control has stifled local initiative and innovation. Municipal Enterprise involves local governments undertaking commercial ventures, often in partnership with private sector, to address local economic and community challenges. By taking risks and sharing in rewards, Municipal Enterprise could help boost local job creation and address issues like developing digital infrastructure, in a way that generates profits to repay initial investments. The paper explores how a more balanced approach adapting this concept could help address current economic issues in the UK in the digital era.
This document summarizes a presentation made to the Port of Greater Cincinnati Development Authority Board of Directors about investing in neighborhoods. It discusses how poverty continues to undermine the American Dream for many, and how concentrated poverty in certain areas leads to poor outcomes for children. It then outlines a proposed comprehensive community revitalization strategy focusing on rebuilding homes and revitalizing business districts in 10 neighborhoods over 10 years. This approach aims to decrease poverty, crime, and blight while increasing neighborhood leadership, housing values, and economic opportunities. Funding of $2.5 million annually is requested to accelerate the work and maximize its impact.
Economic development requires partnerships between the public and private sectors. Successful communities implement changes to address weaknesses and remain competitive in a global economy. Parker faces challenges like its location off major highways and relatively high land values that increased costs. However, communities can affect perception, promotion, productivity, public policy, and forming public-private partnerships to support business retention, expansion, and start-ups. Partnering with neighboring communities doing economic development well, like Castle Rock, may provide lessons to strengthen Parker's economy.
This document discusses the potential for partnerships between corporations and social entrepreneurs through "hybrid value chains". It argues that collaborations between businesses and citizen sector organizations can create new markets at a global scale by leveraging their complementary strengths. Specifically, businesses provide scale, manufacturing expertise, and financing while social entrepreneurs offer lower costs, strong social networks, and customer insights. The document outlines how the citizen sector has modernized over the past 30 years, increasing productivity and competitiveness to catch up with businesses. These changes have created opportunities for partnerships that can solve large problems by combining the capabilities of both sectors.
- Local currencies are emerging worldwide as alternatives to traditional bank-issued currencies. They range from loyalty point systems to cryptocurrencies to community currencies that aim to strengthen social and environmental goals.
- Complementary currencies function on a spectrum from competitive to collaborative. Some aim to increase control over financial systems while others valorize contributions to social and ecological aims.
- For local currencies to fully realize their potential to balance the current monetary system, greater political and institutional support is needed, including recognizing them for tax payments and adapting legislation. This could help unlock their ability to foster financial resilience and "real" economic growth.
Great Cities Report - Profiles in municipal excellence - Low resolutionRachel Peer
This document discusses how cities can employ innovative and sustainable finance techniques to provide high-quality public services with limited budgets. It notes that traditional budgeting focuses on maintaining previous spending levels rather than costs or demand. Some cities now use zero-based or results-based budgeting to better allocate funds to priorities. The document uses Baltimore as an example, where focusing budgets on key outcomes and competition between departments improved efficiency and saved $202 million. Calgary has started zero-based reviews and collects performance data, but could better publish results and engage the public to further refine its budget process.
Kansas adopted the first securities law in 1911 to keep money within the state and support local farmers and businesses rather than out-of-state speculators. The document discusses what constitutes a security, exemptions from registration requirements, and different options for raising funds such as direct public offerings, crowdfunding, cooperatives, and non-security models. It provides a brief history of crowdfunding legislation leading up to the passage of the JOBS Act in 2012, which created a new federal exemption for certain crowdfunding offerings.
The document discusses the rise of the local living economies movement as an alternative to corporate globalization. It argues that corporate globalization has led to the decline of local communities and consolidation of wealth and power into large corporations. The local living economies movement aims to build sustainable local economies through independent and community-based businesses that remain locally owned and foster strong community relationships. It promotes regional brands and decentralized decision-making over national branding and centralized corporate control. The goal is to maximize social and environmental benefits rather than profits and growth.
Unleashing Municipal Enterprise discusses empowering local governments in the UK to stimulate economic growth through "Municipal Enterprise". It argues that overly centralized control has stifled local initiative and innovation. Municipal Enterprise involves local governments undertaking commercial ventures, often in partnership with private sector, to address local economic and community challenges. By taking risks and sharing in rewards, Municipal Enterprise could help boost local job creation and address issues like developing digital infrastructure, in a way that generates profits to repay initial investments. The paper explores how a more balanced approach adapting this concept could help address current economic issues in the UK in the digital era.
This document summarizes a presentation made to the Port of Greater Cincinnati Development Authority Board of Directors about investing in neighborhoods. It discusses how poverty continues to undermine the American Dream for many, and how concentrated poverty in certain areas leads to poor outcomes for children. It then outlines a proposed comprehensive community revitalization strategy focusing on rebuilding homes and revitalizing business districts in 10 neighborhoods over 10 years. This approach aims to decrease poverty, crime, and blight while increasing neighborhood leadership, housing values, and economic opportunities. Funding of $2.5 million annually is requested to accelerate the work and maximize its impact.
Economic development requires partnerships between the public and private sectors. Successful communities implement changes to address weaknesses and remain competitive in a global economy. Parker faces challenges like its location off major highways and relatively high land values that increased costs. However, communities can affect perception, promotion, productivity, public policy, and forming public-private partnerships to support business retention, expansion, and start-ups. Partnering with neighboring communities doing economic development well, like Castle Rock, may provide lessons to strengthen Parker's economy.
This document discusses the potential for partnerships between corporations and social entrepreneurs through "hybrid value chains". It argues that collaborations between businesses and citizen sector organizations can create new markets at a global scale by leveraging their complementary strengths. Specifically, businesses provide scale, manufacturing expertise, and financing while social entrepreneurs offer lower costs, strong social networks, and customer insights. The document outlines how the citizen sector has modernized over the past 30 years, increasing productivity and competitiveness to catch up with businesses. These changes have created opportunities for partnerships that can solve large problems by combining the capabilities of both sectors.
- Local currencies are emerging worldwide as alternatives to traditional bank-issued currencies. They range from loyalty point systems to cryptocurrencies to community currencies that aim to strengthen social and environmental goals.
- Complementary currencies function on a spectrum from competitive to collaborative. Some aim to increase control over financial systems while others valorize contributions to social and ecological aims.
- For local currencies to fully realize their potential to balance the current monetary system, greater political and institutional support is needed, including recognizing them for tax payments and adapting legislation. This could help unlock their ability to foster financial resilience and "real" economic growth.
Great Cities Report - Profiles in municipal excellence - Low resolutionRachel Peer
This document discusses how cities can employ innovative and sustainable finance techniques to provide high-quality public services with limited budgets. It notes that traditional budgeting focuses on maintaining previous spending levels rather than costs or demand. Some cities now use zero-based or results-based budgeting to better allocate funds to priorities. The document uses Baltimore as an example, where focusing budgets on key outcomes and competition between departments improved efficiency and saved $202 million. Calgary has started zero-based reviews and collects performance data, but could better publish results and engage the public to further refine its budget process.
Kansas adopted the first securities law in 1911 to keep money within the state and support local farmers and businesses rather than out-of-state speculators. The document discusses what constitutes a security, exemptions from registration requirements, and different options for raising funds such as direct public offerings, crowdfunding, cooperatives, and non-security models. It provides a brief history of crowdfunding legislation leading up to the passage of the JOBS Act in 2012, which created a new federal exemption for certain crowdfunding offerings.
Looking at the statistics around the demographic splits and how they affect economic growth and prosperity, it becomes obvious that a Youth Movement is Required and Soon.
The document discusses the rise of social finance in the UK as a new mechanism to fund social sector organizations. It provides an overview of the growing supply of social finance products including grants, loans, equity/quasi-equity, and social impact bonds. It also examines demand-side issues, noting many grassroots organizations lack experience with and readiness for finance. While social finance has expanded, it may not replace reduced public grants, and support for developing organizational capacity remains important.
Ahead of the marcus evans Private Wealth Management Summit 2020, John Molina discusses sectors that can provide investors socially valuable assets without compromising their ROI
Here are the key points I took away from reviewing the document:
- Social enterprises pursue social missions through business approaches and methods to address social issues. They exist along a spectrum from purely for-profit to purely non-profit organizations.
- Social enterprise models vary significantly between regions/countries based on factors like the role of the state, market conditions, civil society involvement, and reliance on international aid.
- Common social enterprise organizational types include nonprofits with commercial activities, hybrid organizations balancing social and profit goals, and for-profits with explicit social purposes.
- The document discusses examples of social enterprises from the US, Western Europe, Southern Africa, and Argentina and compares their typical outcomes, organizational types, societal
For this group project we had to describe the cultural differences from United States and China and what a company should know before investing in China.
I did the graphics, presented and research.
The document discusses the growth of social enterprises in the UK and argues that with the right resources and support, the UK could become the "Silicon Valley of social change." It notes that social enterprises reinvest profits into their communities to tackle social problems. However, many lack access to financing needed to scale their impact. The document argues that with improved access to social financing models and an understanding of opportunities like crowdfunding and social impact bonds, young social enterprises could accelerate growth and increase their social impact, similar to how startups in Silicon Valley have benefited from venture capital funding.
Future World Giving - Recognising the potential of middle class givingIDIS
Apresentação realizada por Adam Pickering, International Policy Manager da Charities Aid Foundation (CAF), por ocasião da realização da primeira edição de 2014 dos módulos nacionais da CAF Foundation School, iniciativa no Brasil desenvolvida pelo IDIS.
Governor Cuomo is accused of being too closely allied with and influenced by hedge fund billionaires and Wall Street titans. Large campaign contributions from hedge fund billionaires like Paul Singer, Paul Tudor Jones, and Dan Loeb have led to policies that benefit them, such as tax cuts, while inequality grows and jobs are destroyed. The document argues that Cuomo works for the interests of wealthy donors over ordinary New Yorkers and is now pushing an agenda on public schools that pleases his billionaire backers.
The document discusses the Slow Money movement, which aims to redirect investment towards small food enterprises that build soil health and local communities. It outlines principles of restorative economics, ecology, and places over industrialization and globalization. The movement seeks to leverage networks to create financial products and services that provide debt and equity for local farms and food systems. Examples of investment products and funds are provided, as well as the goal of establishing a Soil Trust fund through individual donations to support this type of entrepreneurial "nurture capital" financing.
This document discusses the challenges facing social entrepreneurship in India's dynamic ecosystem. It notes that India has progressed through historical stages of feudalism, socialism, and now market capitalism. This creates challenges as inequalities rise and disadvantaged groups are impacted. Additionally, India has moved from isolated domestic policies to increased globalization, creating structural challenges from competing global interests and regulatory gaps. The document also discusses institutional challenges from expanded market forces, and behavioral challenges from rising expectations that outpace available resources. It outlines Udyogini's work promoting social enterprises in rural India across agriculture, forestry, and handicraft sectors to help alleviate poverty.
ABusiness Case For Social Enterprise - By Mellissa Riddlerobinsonhenric
The goal of a social enterprise is to maximize the positive impact on those who benefit from their business.Business surplus are principally reinvested in the business or community rather than mainly being paid to owners / shareholders
The document discusses how societies and communities are changing with new technologies and means of communication. It argues that local economies and governments need to empower citizens and generate real wealth rather than just serving corporate interests. It also criticizes the current global monetary system and argues for local currencies that are controlled by communities and based on local production. Finally, it discusses timebanking as an alternative that values all contributions equally and promotes community support systems.
How Opportunity Zone Funds Drive Our Nation ForwardCBIZ, Inc.
In this guest article appearing in our June 2020 CRE newsletter, the CEO of Caliber talks about the renewed interest in an important economic development tool – Opportunity Zone Funds – and the rare opportunity for disparate parties to move forward in a way that is both productive at the local community level and therapeutic for our Nation.
Whose Welfare State Now? - Adrian SinfieldOxfam GB
Professor Adrian Sinfield, Emeritus Professor of Social Policy at the University of Edinburgh, talks about the welfare state.
Stephen Boyd, Assistant Secretary of the Scottish Trade Unions Congress, talks about how the Scottish economy works.
The Whose Economy? seminars, organised by Oxfam Scotland and the University of the West of Scotland, brought together experts to look at recent changes in the Scottish economy and their impact on Scotland's most vulnerable communities.
Held over winter and spring 2010-11 in Edinburgh, Inverness, Glasgow and Stirling, the series posed the question of what economy is being created in Scotland and, specifically, for whom?
To find out more and view other Whose Economy? papers, presentations and videos visit:
http://www.oxfamblogs.org/ukpovertypost/whose-economy-seminar-series-winter-2010-spring-2011/
This document provides an introduction and overview to a report on basic income published by the Canadian Centre for Policy Alternatives. It summarizes some of the key points made in articles within the report. It discusses how basic income has moved from being seen as impossible to becoming a policy proposal in some jurisdictions. It also notes that basic income could help reduce poverty, income inequality and precarity, but is not a single solution and must be considered alongside other policies and services. The introduction provides context for the range of perspectives contained in the full report.
Paul Teverson at McCarthy & Stone presented to the Extra Care Annual Conference in December 2012 and provided an outline of the opportunities and challenges of developing housing in the retirement sector. The presentation was delivered in partnership with Prof Andrew Kerslake of the Institute of Public Care at Oxford Brookes University.
The document summarizes and responds to arguments made in a Florida state budget debate. It argues that the state Senate and media are wrongly advocating for tax increases to fund additional government spending, while the House and Governor correctly want to keep taxes low and "live within the state's means." The document asserts that Florida's economic growth is best encouraged by cutting taxes, not raising them, and that spending on education and Medicaid is unsustainable without reforms to introduce competition and efficiencies.
The document outlines the Jamaica Labour Party's 10-point plan to promote economic growth and job creation in Jamaica. The key points of the plan include establishing a Ministry of Economic Growth and Job Creation, simplifying the tax system, investing in water infrastructure, listing state-owned enterprises on the stock exchange, supporting small and medium businesses, and reforming governance. The overall goals are to facilitate investment, foster public-private partnerships, minimize bureaucracy, and put Jamaica back on a path of robust economic growth and employment opportunities.
Aura Supports a Global Push for Financial Gender Equality with The Jeeranont & United Nation.
#womanempowerment,#unwoman,#aurawoman,#thejeeranontwoman,#womanthejeeranont,#ornusa,#ornusajeeranont,
Report : https://www.aurasolutioncompanylimited.com/…/aura-supports-…
Learn more : https://www.thejeeranont.com/culture-society
Cheetah Development provides concise summaries of commonly asked questions about their innovative approach to solving problems smallholder farmers face and empowering them economically. They develop for-profit solutions to increase farmer incomes while also making profits for investors. Their approach includes providing debt capital and equity investing to fill financing gaps, establishing farmer market partnerships, and making farmers investable through replicable business models managed using rigorous risk mitigation practices.
2008 Annual Report For Center For Economic Progresschamala
The document summarizes the 2008 annual report of the Center for Economic Progress. It discusses how the economic crisis presented both challenges and opportunities to rethink financial security for working families. It outlines how the Center expanded its services to provide year-round financial coaching and benefited more than 32,000 families with $45 million in tax refunds and savings. It also discusses the Center's national advocacy work through the National Community Tax Coalition to advance policies helping low-income families.
Looking at the statistics around the demographic splits and how they affect economic growth and prosperity, it becomes obvious that a Youth Movement is Required and Soon.
The document discusses the rise of social finance in the UK as a new mechanism to fund social sector organizations. It provides an overview of the growing supply of social finance products including grants, loans, equity/quasi-equity, and social impact bonds. It also examines demand-side issues, noting many grassroots organizations lack experience with and readiness for finance. While social finance has expanded, it may not replace reduced public grants, and support for developing organizational capacity remains important.
Ahead of the marcus evans Private Wealth Management Summit 2020, John Molina discusses sectors that can provide investors socially valuable assets without compromising their ROI
Here are the key points I took away from reviewing the document:
- Social enterprises pursue social missions through business approaches and methods to address social issues. They exist along a spectrum from purely for-profit to purely non-profit organizations.
- Social enterprise models vary significantly between regions/countries based on factors like the role of the state, market conditions, civil society involvement, and reliance on international aid.
- Common social enterprise organizational types include nonprofits with commercial activities, hybrid organizations balancing social and profit goals, and for-profits with explicit social purposes.
- The document discusses examples of social enterprises from the US, Western Europe, Southern Africa, and Argentina and compares their typical outcomes, organizational types, societal
For this group project we had to describe the cultural differences from United States and China and what a company should know before investing in China.
I did the graphics, presented and research.
The document discusses the growth of social enterprises in the UK and argues that with the right resources and support, the UK could become the "Silicon Valley of social change." It notes that social enterprises reinvest profits into their communities to tackle social problems. However, many lack access to financing needed to scale their impact. The document argues that with improved access to social financing models and an understanding of opportunities like crowdfunding and social impact bonds, young social enterprises could accelerate growth and increase their social impact, similar to how startups in Silicon Valley have benefited from venture capital funding.
Future World Giving - Recognising the potential of middle class givingIDIS
Apresentação realizada por Adam Pickering, International Policy Manager da Charities Aid Foundation (CAF), por ocasião da realização da primeira edição de 2014 dos módulos nacionais da CAF Foundation School, iniciativa no Brasil desenvolvida pelo IDIS.
Governor Cuomo is accused of being too closely allied with and influenced by hedge fund billionaires and Wall Street titans. Large campaign contributions from hedge fund billionaires like Paul Singer, Paul Tudor Jones, and Dan Loeb have led to policies that benefit them, such as tax cuts, while inequality grows and jobs are destroyed. The document argues that Cuomo works for the interests of wealthy donors over ordinary New Yorkers and is now pushing an agenda on public schools that pleases his billionaire backers.
The document discusses the Slow Money movement, which aims to redirect investment towards small food enterprises that build soil health and local communities. It outlines principles of restorative economics, ecology, and places over industrialization and globalization. The movement seeks to leverage networks to create financial products and services that provide debt and equity for local farms and food systems. Examples of investment products and funds are provided, as well as the goal of establishing a Soil Trust fund through individual donations to support this type of entrepreneurial "nurture capital" financing.
This document discusses the challenges facing social entrepreneurship in India's dynamic ecosystem. It notes that India has progressed through historical stages of feudalism, socialism, and now market capitalism. This creates challenges as inequalities rise and disadvantaged groups are impacted. Additionally, India has moved from isolated domestic policies to increased globalization, creating structural challenges from competing global interests and regulatory gaps. The document also discusses institutional challenges from expanded market forces, and behavioral challenges from rising expectations that outpace available resources. It outlines Udyogini's work promoting social enterprises in rural India across agriculture, forestry, and handicraft sectors to help alleviate poverty.
ABusiness Case For Social Enterprise - By Mellissa Riddlerobinsonhenric
The goal of a social enterprise is to maximize the positive impact on those who benefit from their business.Business surplus are principally reinvested in the business or community rather than mainly being paid to owners / shareholders
The document discusses how societies and communities are changing with new technologies and means of communication. It argues that local economies and governments need to empower citizens and generate real wealth rather than just serving corporate interests. It also criticizes the current global monetary system and argues for local currencies that are controlled by communities and based on local production. Finally, it discusses timebanking as an alternative that values all contributions equally and promotes community support systems.
How Opportunity Zone Funds Drive Our Nation ForwardCBIZ, Inc.
In this guest article appearing in our June 2020 CRE newsletter, the CEO of Caliber talks about the renewed interest in an important economic development tool – Opportunity Zone Funds – and the rare opportunity for disparate parties to move forward in a way that is both productive at the local community level and therapeutic for our Nation.
Whose Welfare State Now? - Adrian SinfieldOxfam GB
Professor Adrian Sinfield, Emeritus Professor of Social Policy at the University of Edinburgh, talks about the welfare state.
Stephen Boyd, Assistant Secretary of the Scottish Trade Unions Congress, talks about how the Scottish economy works.
The Whose Economy? seminars, organised by Oxfam Scotland and the University of the West of Scotland, brought together experts to look at recent changes in the Scottish economy and their impact on Scotland's most vulnerable communities.
Held over winter and spring 2010-11 in Edinburgh, Inverness, Glasgow and Stirling, the series posed the question of what economy is being created in Scotland and, specifically, for whom?
To find out more and view other Whose Economy? papers, presentations and videos visit:
http://www.oxfamblogs.org/ukpovertypost/whose-economy-seminar-series-winter-2010-spring-2011/
This document provides an introduction and overview to a report on basic income published by the Canadian Centre for Policy Alternatives. It summarizes some of the key points made in articles within the report. It discusses how basic income has moved from being seen as impossible to becoming a policy proposal in some jurisdictions. It also notes that basic income could help reduce poverty, income inequality and precarity, but is not a single solution and must be considered alongside other policies and services. The introduction provides context for the range of perspectives contained in the full report.
Paul Teverson at McCarthy & Stone presented to the Extra Care Annual Conference in December 2012 and provided an outline of the opportunities and challenges of developing housing in the retirement sector. The presentation was delivered in partnership with Prof Andrew Kerslake of the Institute of Public Care at Oxford Brookes University.
The document summarizes and responds to arguments made in a Florida state budget debate. It argues that the state Senate and media are wrongly advocating for tax increases to fund additional government spending, while the House and Governor correctly want to keep taxes low and "live within the state's means." The document asserts that Florida's economic growth is best encouraged by cutting taxes, not raising them, and that spending on education and Medicaid is unsustainable without reforms to introduce competition and efficiencies.
The document outlines the Jamaica Labour Party's 10-point plan to promote economic growth and job creation in Jamaica. The key points of the plan include establishing a Ministry of Economic Growth and Job Creation, simplifying the tax system, investing in water infrastructure, listing state-owned enterprises on the stock exchange, supporting small and medium businesses, and reforming governance. The overall goals are to facilitate investment, foster public-private partnerships, minimize bureaucracy, and put Jamaica back on a path of robust economic growth and employment opportunities.
Aura Supports a Global Push for Financial Gender Equality with The Jeeranont & United Nation.
#womanempowerment,#unwoman,#aurawoman,#thejeeranontwoman,#womanthejeeranont,#ornusa,#ornusajeeranont,
Report : https://www.aurasolutioncompanylimited.com/…/aura-supports-…
Learn more : https://www.thejeeranont.com/culture-society
Cheetah Development provides concise summaries of commonly asked questions about their innovative approach to solving problems smallholder farmers face and empowering them economically. They develop for-profit solutions to increase farmer incomes while also making profits for investors. Their approach includes providing debt capital and equity investing to fill financing gaps, establishing farmer market partnerships, and making farmers investable through replicable business models managed using rigorous risk mitigation practices.
2008 Annual Report For Center For Economic Progresschamala
The document summarizes the 2008 annual report of the Center for Economic Progress. It discusses how the economic crisis presented both challenges and opportunities to rethink financial security for working families. It outlines how the Center expanded its services to provide year-round financial coaching and benefited more than 32,000 families with $45 million in tax refunds and savings. It also discusses the Center's national advocacy work through the National Community Tax Coalition to advance policies helping low-income families.
This document discusses the need for a new social contract between businesses, communities, governments, and other stakeholders that balances competitiveness with community enrichment. It argues that companies need to operate sustainably and consider social and environmental impacts, while stakeholders must understand the business needs of global competitiveness. A balanced, mutually beneficial relationship is required where productivity increases are rewarded and all sides work as partners towards shared prosperity.
This document provides an overview of Cheetah Development's agricultural community development framework. The framework aims to address obstacles that trap subsistence farmers in poverty by creating livelihoods for smallholder farmers. It does this through an integrated development equation (IDEQ) approach with seven aspects: crops, cash, value-chain investments, opportunity partnership, accountability and risk management, economic development, and human development. The goal is to turn farmers' crop production into cash by increasing yields, reducing losses, developing agricultural businesses in value chains, and managing finances, markets and partnerships in a sustainable way.
This white paper provides a framework for agricultural community development to address obstacles that trap subsistence farmers in poverty. The framework focuses on turning crops into cash through a holistic, integrated development approach involving seven aspects: 1) Improving crop yields and selecting crops suitable for smallholders, 2) Investing in value chains to access markets, 3) Providing cash to farmers to purchase inputs, 4) Partnering with farmers through a business opportunity model, 5) Implementing accountability and risk management, 6) Promoting economic development, and 7) Advancing human development. The goal is to resolve barriers to profitability and livelihoods for smallholder farmers through a disciplined, business-focused model.
The Economics of Kindness: The Birth of a New Cooperative Economy.
Here is the link for Part 2: https://www.slideshare.net/GuyDauncey/the-economics-of-kindness-part-2
Today’s economy has become for many a kindness-free zone, in which most of the benefits go to the rich, while others suffer, and nature is assaulted.
Capitalism is based on the competitive pursuit of self- interest, but a new economy is emerging to replace it, based on cooperation and kindness. It is being built in cities and on farms, in new kinds of business and banking, and in new approaches to work.
Guy Dauncey is a futurist who works to develop a positive vision of a sustainable future, and to translate that vision into action. His work has been enthusiastically received by environmental activists, politicians, scientists and community planners, including prominent Canadians such as David Suzuki and Elizabeth May. He is the author of Journey to the Future and The Climate Challenge: 101 Solutions to Global Warming.
This document discusses the rise of the "impact economy", which is characterized by organizations consciously seeking to create social and environmental value in addition to financial returns. It argues that we are moving beyond models of corporate social responsibility and into an impact economy where shared value is integrated into business models. The impact economy will be marked by organizations that consider their impact on all stakeholders and seek sustainable outcomes for communities, employees, and the environment in a way that is also financially profitable. It suggests we are poised for an economic shift on par with previous transitions like the industrial revolution.
From Concept to Reality - Creating Shared Value (CSV): Understanding the CSV model, the implementation challenges and lessons learned for developing shared value opportunities
Elizabeth Walker Sobhani of Lotus Consulting will explore
the spectrum of activities from corporate philanthropy to the latest innovations around creating shared value as a means of generating business and social impact.
She will provide practical lessons learned on mobilizing these concepts into reality and the role we can play in creating shared value in our own businesses.
Can Capitalism Lead a More Sustainable and Equitable Recovery? The case for m...Mark Horoszowski
The document discusses how capitalism can lead a more sustainable and equitable recovery from the COVID-19 pandemic. It examines five stakeholder groups - corporations, governments, CSR leaders, social enterprise support organizations, and social enterprises. The key findings are:
1) CSR leaders are using the pandemic to promote more strategic sustainability initiatives, but are taking on too many initiatives and losing focus by not securing more executive/board support, resulting in only a 10% success rate.
2) Corporations are missing opportunities by not partnering with social enterprises or appointing sustainability officers, and risk regulatory noncompliance by ignoring ESG issues.
3) Social enterprises could help corporations meet ambitious sustainability goals if integrated into supply chains, but
Capital Plus Finance Social Impact Learning 2019SoPact
Capital Plus Financial provides a report on their social impact and learnings from 2019. As a community development financial institution, their mission is to provide affordable housing and financing to low-to-moderate income families. They have invested over $250 million into underserved communities in Texas, providing financing to first-time homeowners who often lack credit. In 2019, they began formally measuring their impact through surveys of beneficiaries and analyzing metrics related to housing, health, education, safety, and community. Key findings include that over 90% of homeowners feel safer in their new homes and 84% report their children attend school more regularly. The report reflects on learnings around improving disaster preparedness communication and striving for deeper impact through thriving communities.
The document discusses the need for social enterprises to access growth capital from impact investors. It introduces the Social Enterprise Expansion Fund, a $30 million fund launched by Good Capital to provide expansion funding and expertise to high-potential social enterprises addressing issues like poverty, healthcare, and education. The fund aims to provide both social and financial returns for investors seeking to align their investments with their values.
5 Role of coops in economic development.pptxjo bitonio
This document discusses the important role of cooperatives in promoting economic development and reducing poverty. It notes that cooperatives provide microfinance services and access to credit for small businesses and farmers. This helps stimulate rural economies and supports the success of micro, small and medium enterprises. The document also emphasizes that cooperatives empower communities and represent an alternative economic model that places people and social goals over profit.
5 Role of coops in Economic Development.pptxjo bitonio
This document discusses the important role of cooperatives in promoting economic development and reducing poverty. It notes that cooperatives provide microfinance services and access to credit for small businesses and farmers. This helps stimulate rural economies and supports the success of micro, small and medium enterprises. The document also emphasizes that cooperatives empower communities and represent an alternative economic model that places people and social goals over profit.
Social finance is sustainable investing that aims to generate both social/environmental benefits and financial returns. The document discusses how social finance is gaining momentum in Canada but still lags behind other countries. It outlines various social finance mechanisms like social venture capital funds and investments in areas like affordable housing and community energy. The document proposes a national collaboration called CAUSEWAY to improve awareness of social finance opportunities in Canada and catalyze new financial pathways and products to build the field.
The Community Equity Fund provides equity capital injections to Black- and Brown-owned small businesses that have been operating for 3-5 years with annual revenues over $50,000. The fund takes a 20% revenue share stake for 2 years to provide operating capital, after which the business repays 7% of annual revenues over 3-5 years. Repayments are reinvested in new businesses to continue promoting economic mobility in underserved communities through entrepreneurship. The fund is managed by Eagle Market Streets and supported by various partners to help businesses succeed.
Brief presentation regarding Mellissa Riddle's case studies on A Business Case for Social Enterprise; models, historical contexts, funding, metrics, incentives, statistics, and resources.
Faith & Sustainable Development 2015 - Coming SoonDFickett
The document proposes leveraging markets through Catholic social teaching to promote sustainable economic development and alleviate poverty. It outlines challenges such as water scarcity, hunger, and climate change, and proposes market-based solutions like impact investing, social entrepreneurship, microfinance, and benefit corporations. The goal is to stimulate dialogue on renewing the Catholic Church's role in spurring just economies through leadership and partnerships that benefit society.
Transform Global - A model for a private world banksassbo
Transform Global (TG), previously Transform Capital Management, is a model for a private world bank, also known as a global impact investment bank, investing into funds which have a social, environmental and financial return. TG aims to address critical market failures caused by our current financial system, while tackling the environmental and social symptoms that are a by-product of the system.
Similar to Hollymead Capital, LLC RFEC Case Study (20)
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfSOFTTECHHUB
The world of blockchain and decentralized technologies is about to witness a groundbreaking event. ZKsync, the pioneering Ethereum Layer 2 network, has announced the highly anticipated airdrop of its native token, ZK. This move marks a significant milestone in the protocol's journey, empowering the community to take the reins and shape the future of this revolutionary ecosystem.
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World economy charts case study presented by a Big 4
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4. 2 The Growth Dilemma Bill McKibben (Deep Economy) – Three fundamental challenges to our collective fixation on growth have now emerged - Growth is producing more inequality than prosperity and more insecurity than progress; We do not have the energy needed to keep the magic going nor can we deal with the pollution in creates; Growth no longer makes us happy.
5. 3 What do we know now? Climate change debate is over. The changes are underway and they are irreversible in our lifetime and our children’s lifetimes – our planet will be more hostile and more volatile The corporate model for meeting our needs is too dependent on fossil fuels and non-renewable resources and will literally kill us if we let it There apparently is no serious way to change the “short-termism” of the financial sector – any chance they get to destroy their own economy, they will do it for the right return Poverty, income inequality, isolation from our neighbors and our lack of empathy for one another – all increasing The tools to reshape the economy are in front of us and we are the ones in the best position to see that
6. 4 Our world is changing and we need to change with it This is NO time to be a mushroom when it comes to your local economy No matter what they tell you – our “best days” are really behind us There is no going back to the last century – party’s over The new economy must become a local-out economy Community-initiated, sustainable enterprises are the absolute key to this happening, particularly in rural communities
7. 5 Getting past the 24-7 News Cycle Our optimism is being battered by “wedge issue think” and self-serving radio and cable show pitchmen pretending to be journalists Energy needs to be focused on building a local consensus to establish a sustainable, caring and enterprise-based economy No time to let the forces of division and separation win if we are to succeed – let the dinosaurs go play with each other
9. 7 Why can’t rural communities retain their wealth? “Rural areas provide many goods and services to urban areas…However the terms of trade between rural and urban areas are such that rural areas…are less able to accumulate wealth…In other words, wealth doesn’t stick in low-wealth rural areas and when it does, it is concentrated in the hands of a relative few who typically invest it elsewhere.” Yellow Wood Associates Formulating a Sustainable Economic Development Process
10. 8 So what can we do? We need to move our local economies from being import dependent to being a net exporter We need to leverage the assets we have which are the tools for building community wealth We need to acknowledge the existence of local business systems and build our enterprises with those systems in mind In short, we need to all become George Bailey
11. George Bailey vs. Mr. Potter Potter took advantage of his position and power in the community George believed in the people and in his community’s assets and their economic inter-dependence Potter would exploit a crisis (the “bank run”) without regard to the consequences George would reinvest and take more risks regardless of the personal consequences 9
12. Hhhhrumph! “ What does that get us? A discontented, lazy rabble instead of a thrifty, working class. And all because a few starry-eyed dreamers like Peter Bailey stir them up and fill their heads with a lot of impossible ideas.” 10
13. George Bailey – Social Entrepreneur! “But he did help a few people get out of your slums, Mr. Potter, and what's wrong with that? Why - here, you're all businessmen here. Doesn't it make them better citizens? Doesn't it make them better customers?” 11
14. 12 The Quakers had it right too – Do good and you will do well Build community thru honest and fair commerce The more we invest in those around us, the more we grow together Hang together Seek to find the tools of co-operation in our social, economic and spiritual lives Focus on balance and the ecology of our world
15. 13 Our Shared Mission – Common-Wealth We are here to build wealth for our communities and leverage the wealth we have around us This requires an intentional wealth-building strategy We are not here to create “jobs” – or subject matter for motivational posters
16. 14 What is a “wealthy” community? Where assets are put to productive use A system that enhances the value of its assets sustainably Able to leverage economic and social connections with neighbors Where people expand their assets and strengthen their skills at managing them responsibly Where healthy, unimpaired assets are continually re-invested to offset depreciation and generate a reliable stream of income over time Where a portion of every dollar (or other form of income – clean air, etc.) is saved and reinvested (not consumed) to sustain its wealth over time.
17. 15 Community Wealth Building According to the “Wealth Creation in Rural America Initiative” there are seven forms of community wealth - Individual Social Intellectual Natural Built Political Financial
19. 17 Value Chain Investing All businesses already exist within a supply chain Value chains take supply chain to another level Value chains support community, relies on synergies Not only moves goods and services but recognizes the value they bring to the rest of us Value chains are built to last – strengthen partnerships, increase capital flows to all parties and create sustainable businesses, take care of the world we live in and the people in it If you build an enterprise that fits into a supply chain and can leverage your role in the chain to improve the economics and sustainability of those around you – you are part of a value chain Do good – do well
20. 18 Where to start? Focus on Basic Needs Food Health Shelter Energy Transportation Environment
21. 19 What to look for Gaps Inefficiencies Trade imbalances Score the opportunity Recurring demand Low barriers to entry Can grow to scale Can generate a return on capital invested
23. 21 Recurring Demand A good value chain has strong end market partners who understand the strategy The business plan is not limited to one season or one business cycle Customer diversity is key to building long-term sales and growth Suppliers understand the strategy as well and the needs of the customers
24. 22 Synergies are High Investment here yields benefits to others in the chain Enterprise is a fit into an existing business eco-system Less a competitor and more a complimentor to all parties – there is a compelling logic in the business model
25. 23 We can grow it to scale Room to grow in the core market we live in Technical capacities are flexible and within reach in terms of cost The success of the network will be complimentary to the partners
26. 24 Generate market returns Can the business plan be achieved without heroics? The return on invested capital can start happening within two to three years? Margins can be defended, investors can measure progress? Profits are derived from sales and not from subsidies – and they can be readily reinvested to grow the business
28. 26 Fayette County, Pennsylvania 20.8% of the population lives below the federal poverty level* The median household income is $34,050, compared to Pennsylvania’s median income of $50,702* 9.2% Unemployment rate 25.9% of residents receive medical assistance 21.7% of residents receive SNAP assistance *According to the 2006-2008 American Community Survey
29. 27 Making the case We estimate that there are upwards to 17,000 producing farms in western Pennsylvania Farms growing fresh vegetables and fruits may lose as much as 40% of their annual yield because they are “seconds” and cannot be sold at retail or in open air markets Farmers have to manage all the logistics along with the planting, cultivating and harvesting of these crops –which drastically reduces their return on investment Recent studies indicate that few if any family farms are operating at or above break-even There is unprecedented interest from local retailers, food service companies and social services and education institutions for locally grown and processed foods The potential dollar value of these sales is estimated to be in the billions of dollars annually Some of these end users even have full-time staff who’s task it is to source local products from the market Despite that there is broad agreement that the current market is inefficient and mismatched between supply and demand
30. 28 Strategy Convert the facility to a flexible food production and stabilization center Develop capacities to build strong trust relationships with both growers and end markets Build a stable, employee owned company as the center of a dynamic regional food systems integrator and innovator
32. 30 Building a solution Regional production Hub modeled on proven industry examples of co-packing, shared production and kitchen enterprise centers Leverages the ability of the community action agency to get low cost capital for enterprise investment Partner with both sides – suppliers and customers Build a stable, well-trained workforce and provide opportunities for long-term employment and ownership
33. 31 Supply Chain Management Build one on one relationships with area growers and producers Provide logistics to simplify the produce collection process Provide market intelligence during the year prior to farms making planting decisions Offer fair price for seconds
34. 32 Bakery Products Group Existing commercial kitchen capable of functioning as a mid-sized regional bakery Start building customer base with local restaurants and food services Add frozen bread products and ready-to-heat specialty breads over time Develop strategy for regional suppliers
35. 33 Canning & Stabilization Group Targets the seconds from the growers Uses flexible canning lines that are not highly automated and can do relatively quick change-overs Target the institutional and restaurant markets who want to feature regional content year-round
36. 34 Brand Development Resource Support local entrepreneurs who want to launch a branded food product Assist in market research with business development partners from Katz Business School and brand mentors Design and plan a product launch Introduce products either through internet channel or market partners
37. 35 Demand Side Development As a result of interviews we know that multiple end market makers have placed a premium on “buy local” Regional buyers represent businesses that are essentially “land locked” and have committed to the region Decision-makers are both approachable and friendly
38. 36 End Market Partnerships Retail grocery chains such as Giant Eagle (family owned) and Whole Foods Regional restaurant chains such as Eat’nPark and the Big Burrito Restaurant Group Regional food services and social services such as Parkhurst Corporation, food pantries and charter schools Year-round farmer markets are also developing
39. 37 Organizational Approach Build business Hub with a transitional management team – Hollymead Capital over a two to three year period Organize the operating company as a worker co-operative modeled after Evergreen Co-operatives (Cleveland) Integrate third party resources to provide education, training and technical support to grower Simplify the farm to market connections by building strong alliances with regionally based and locally controlled industry leaders Once the Hub is established, direct additional resources – both technology and financial into supporting new gap-filling enterprises such as mobile processing for meats and produce, in-field container collection systems, direct internet marketing
40. 38 Hollymead Capital HmCapital and it's affiliates are a business development and management support group dedicated to providing assistance in the formation of sustainable community enterprises for the direct benefit of low and moderate income communities.
41. 39 Management Team HmCapital delivers a highly qualified team to the effort and in turn will develop on-site management group over three years G.M. – has 15 years direct investing in middle market companies, board member, investing experience in food products businesses, 25 years in community program development Operations – partner in a regional CSA organic farm, former regional coordinator for PASA, expertise in sustainable technologies CFO – currently Director of Acquisitions for AmeriGas, former CEO of a propane company, accounting degree and MBA Food Technologist – principal food technologist for several food businesses, including Heinz North America, TreeHouse Foods, Ebro-Puleva
42. 40 Worker Co-operative Operating company will be established as a worker co-operative All permanent employees will become eligible for membership after a defined term of employment after their training period Profit-sharing benefits will be accrued and distributed to employees as owner dividends after a prescribed period of time Structure modeled after Evergreen Co-operative and adaptation of Mondragon Focuses on retaining the knowledge and training investment of the RFEC with the employees as they become expert at the safe and efficient processing of food and organic materials
43. 41 Third Party Support Partnership agreements will be developed with local business resources (SBDC, Extension Services, PASA) RFEC will subcontract services such as logistics with regional partners and co-venture with them on innovations in moving crop from field to processing to lower farmer’s direct costs RFEC will explore other such ventures such as mobile canneries, meat processors Later stage development will support selected brand development for producers and food entrepreneurs
51. 49 Acknowledgements We wish to acknowledge the work and insights of some folks we have been talking to and listening to these past few months: Yellow Wood Associates and the Wealth Creation in Rural Communities Initiative/Ford Foundation, Vermont John L. McKnight and the Asset-Based Community Development Initiative Evergreen Co-operative, Cleveland and the Ohio Employee Ownership Center
52. 50 Suggested Readings Deep Economy and Eaarth – both by Bill McKibben Economy of Cities – Jane Jacobs Small-Mart, Michael Schuman Unsettling of America, Wendell Berry Free Fall, Joseph Stiglitz Bad Money, Kevin Phillips Building Communities from the Inside Out, McKnight and Kretzman
53. 51 For More Information Joe Bute for the team at HmCapital 6000 West Grove Circle Gibsonia, PA 15044 joe@hollymeadcapital.com www.hollymeadcapital.com