Watershed Fund: Difference between revisions

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[[Neighborhood Economics]] has built a fund with [[Eagle Market Streets]] CDC to do zero interest small expansion $10,000 philanthropic investment (give to invest) loans from the Impact Assets [[CataCap]] platform for local farm to table farmers including [[Rayburn Farms]] and [[Belly Full Plants Nursery]] and student entrepreneurs in the [[Warren Wilson Student Entrepreneur pilot project]] from [[Warren Wilson]].




The product we at Neighborhood Economics will build to enhance the zero interest philanthropic investment platform is a field guide that begins by engaging new donors, many from the benefit dinners, start learning more about where to invest in the food system in your watershed. And that leads to a broader emphasis on learning how to apply the tools of venture philanthropy, of learning to give to invest in things where the benefit comes back when the investment is paid off, and then goes out into the world again.  We can keep up with it and know where your dollars are now, and the additional good they are doing now. There will also be a version for faith communities. We hope to link with Abundance Capital’s pool of donors who believe in giving to invest for justice. The dinners will be promoted by jb media. We will produce the graphics and the content to accompany the promotion, they will do the social media, using our logos, etc.


For the Watershed Fund it is important to define the term [[Stored Gratitude]]. That is the metric we use to see if that farm’s ecosystem could raise $10,000, often but not always, at benefit dinners.


I will start listing players and organizations and partners here and have each one be their own page, to start. I am excited that [[Veronika Gunter]] is our project manager from JB Media. She’s done big things and a diverse number of interesting and good things. [[Margaret Gifford]], with her partner Mike Gatchell at Abundance Capital have the nation’s only locally focuses, justice focused donor advised fund platform. Margaret has deep knowledge of food investing.
[[Stephanie Swepson Twitty]] and Eagle will manage the fund on the [[CataCap]] platform and take a management fee for due diligence and underwriting. [[Neighborhood Economics]] gets a part of the management fee for engagement and business development. The college will get a part of the management fee for providing technical assistace to the student entrepreneurs.
[[partners in the existing farm system]]


[[Stephanie Swepson Twitty]] the CEO of Eagle Market Streets CDC, the fund issuer)  is in this project, entering the market with their Watershed Fund with Neighborhood Economics. To start, besides hosting the benefit dinners, [[Neighborhood Economics]] will be producing an engagement field guide to the food system in your watershed to help new donors give to invest more in their local community using the portal of the benefit dinners for farm to table restaurants with their farmers. Eagle will do the due diligence and underwriting of the zero interest investment and will work with technical assistance providers with farmers. Neberecon will tell the story and engage people with the fund and the issues in the food system they could be engaged in. Being ever mindful that we need to produce a resilient food system that will be ready for the time when it no longer makes sense to ship in food. So this is a future proofing initiative that is also a collective climate change response.
 
[[partners in the existing farm system]] technical assistance, business advisory, networking and connections, some funding
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Latest revision as of 10:17, 10 September 2024

Neighborhood Economics has built a fund with Eagle Market Streets CDC to do zero interest small expansion $10,000 philanthropic investment (give to invest) loans from the Impact Assets CataCap platform for local farm to table farmers including Rayburn Farms and Belly Full Plants Nursery and student entrepreneurs in the Warren Wilson Student Entrepreneur pilot project from Warren Wilson.



Stephanie Swepson Twitty and Eagle will manage the fund on the CataCap platform and take a management fee for due diligence and underwriting. Neighborhood Economics gets a part of the management fee for engagement and business development. The college will get a part of the management fee for providing technical assistace to the student entrepreneurs. partners in the existing farm system


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