Unleashing Local Capital

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= "innovative local financing program that empowers groups to mobilize resources in their community to finance local business development and foster community ownership".

URL = http://acca.coop/unleashing/about-the-project/

Description

"Unleashing Local Capital is a unique and innovative local financing program that empowers groups to mobilize resources in their community to finance local business development and foster community ownership. It is based on the premise that we have the resources, the leadership, and the know-how in our communities to make them vibrant places based on a strong local-economy.

The Alberta Community and Co-operative Association, along with a host of partners has helped numerous Albertan Communities establish Opportunity Development Co-operatives; for-profit co-operatives that pools money within the community to finance business development. Opportunity Development Co-operatives are also RRSP eligible, meaning that millions of dollars can easily be accessed and taken out of places like Wall-Street and Bay-Street to be used to build a better main-street!

If you are interested in building a strong local economy in your community, the Alberta Community and Co-operative Association can help you establish an Opportunity Development Co-operative!" (http://acca.coop/unleashing/about-the-project/)