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Unleashing Local Capital – Introduction to Community Bonds
Are you an organization looking for financial stability in a time of chaos? Are you an organization with broad community support for your mission and services? Looking for ways to your social capital into financial capital? Do you have a capital project on your organization’s plans, such as buying your building, starting a housing project, a renovation and expansion – that has been too long in the waiting? We may have the solution!
Alberta Community and Co-operative Association (ACCA), along with Tapestry Community Capital, is hosting a one-hour webinar to introduce organizations to the concept of community bonds and how they can benefit Alberta based co-operatives, not-for-profit organizations, and charities who are looking to raise funds for capital projects, including buildings or major equipment in the next twelve months.
Through this webinar, you will learn about social financing options that can help you raise capital in a way that generates both a social and financial return. In many cases, these bonds are eligible as RRSP/TFSA investments, a great vehicle for people wanting to make a local social and financial investment.
Who should participate: Connecting organizations (e.g. foundations, networks, etc.) who may know of co-operatives, not-for-profit, or charity organizations looking to raise funds for capital projects including fixed assets (buildings) or major equipment.
About the Presenters:
Executive Director, Alberta Community and Co-operative Association (ACCA)
Since 1988, Paul Cabaj has consistently demonstrated his competence in leading social and economic innovation, with a particular interest in triple bottom line initiatives that balance social and environmental concerns with economic viability.
As Executive Director for ACCA, Paul provides executive leadership to one of Canada’s most dynamic co-operative associations. Through his leadership, Paul focuses on initiatives that strengthen government and public awareness of the co-operative business model, supports ACCA members’ growth, and incubates co-operative solutions to challenging issues facing Albertans. He has led the development of Unleashing Local Capital and its associated tools that allow Albertans to invest in their local communities.
Social Impact Manager, Tapestry Community Capital
Ryan supports non-profits, charities, and co-ops across Canada to raise financing from their communities. Community bonds are a powerful tool that allow social enterprises to raise financing to develop, expand, and own community assets.
Today, Tapestry is on the ground supporting projects ranging from renewable energy to rowing clubs, co-working spaces to community housing. Ryan is driven to support communities to develop and own spaces that make us happier, healthier, and more connected.
He holds an HBA from the Richard Ivey School of Business and sits on the City of Toronto’s Social Purpose Real Estate advisory group.