From Diane Berard / Future of Good: Novia Scotia, Canada, created community economic development investment funds with a 35% tax credit to investors to help small businesses that need capital but don’t qualify for bank loans. The cooperative FarmWorks brings together investors and farmers using this funding method to provide loans that will directly support the local food network.
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From Martín Xavi Macías / NextCity: Chicago is asking its citizens, including youth, to help determine how to spend public money. Participatory budgeting involves communities identifying their greatest needs and guiding spending toward solutions. Read the original story here. Read...
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