Watershed Fund: Difference between revisions

From Neighborhood Economics
Jump to navigation Jump to search
No edit summary
No edit summary
 
(9 intermediate revisions by the same user not shown)
Line 1: Line 1:
We ar Neighborhood Economics are in the process of building the fund with [[Eagle Market Streets]] CDC to do zero interest small expansion $10,000 philanthropic investment (give to invest) loans from the Impact Assets platform letting small civic and community groups have a sub account letting them give to invest, with the money coming out at $10,000 for small expansion loans and $5,000 for emergency short term crop disruption loans through Eagle.
[[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]].


[[Water and the growing Asheville area]] Climate


The farms in the Watershed Fund’s portfolio and it’s pipelines of local farms and biomedicinal producers who could pay back a $10,000 loan, through a mix of crowdfunding among their customers, friends and family, will be eligible for payment for the carbon they product from our partner ReSeed. [[ReSeed]] has proven success creating additional income for some of the poorest farmers in Brazil and is now focused on creating a fund to pay farmers in Central Appalachia and the Watershed Fund would be a second place to focus. The payments can be $5,000 per year to each farmer for doing only a little work.




[[Stephanie Swepson Twitty]] and Eagle Market Streets CDC, will host the fund and take a fiscal sponsorship fee. Neberecon will tell the story and engage people with the fund and the issues in the food system they could be engaged in. Due diligence procedures and pipeline development are in process. 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.
[[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]] technical assistance, business advisory, networking and connections, some funding
[[partners in the existing farm system]]


In its current, (late Feb 2024) design the fund has two lenses. One is focused statewide on BIPOC farmers. The other, still in feasibility stage is looking at the herbal industry in the Asheville, NC bioregion, including services, spas, real estate and classes, etc.
The Watershed Fund also has a [[WatershedDividend]]
A significant partner in the Watershed Fund is [[ReSeed]] which will sell the carbon from the fund’s [[BIPOC farm/farmer pipeline]] and as well as the farms in the portfolio across the state as well as the growers in the  [[Biomedicinal pipeline]] and portfolio of investees working in [[Biomedicinal Food Forest]] in the Asheville economic bioregion
[[Lalita Booth]] is working on designing the Watershed Fund and the #WatershedDividend.
A still in process [[Initial design of the Watershed Fund]]


{{backlinks}}
{{backlinks}}

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


Links to this page

Retrieved from "https://neighborhoodeconomics.org/wiki/index.php?title=Watershed_Fund&oldid=293964"