How tax credits and social finance are building a healthy future for Nova Scotians

A dollar sign forms one of the columns of a stately building

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.

Click here to read the original story.

Find other articles covering creative finance solutions.

More Resources:

Luis Camargo is the Founder and Director of the Organization for Environmental Education and Protection (OpEPA). OpEPA is a non-profit organization that holds registrations in both Colombia and the USA and is dedicated to promoting nature-based and regenerative education, heritage...

Passionate about transforming how organizations operate, Ted Rau specializes in sociocracy and governance systems that empower collective intelligence and foster meaningful collaboration. As the co-founder of Sociocracy For All and the Governance Lead at Dark Matter Labs, his work focuses...

Tara Campbell (she/her) is a designer specializing in change-enabling collaborative processes. In her role at the David Suzuki Foundation, she is working alongside a national network of organizations, alliances, and individuals to accelerate the transition to economies that prioritize wellbeing...

Joshua Amponsem, a Ghanaian climate activist, is the Co-Director of the Youth Climate Justice Fund initiative and former Climate Lead at the Office of the UN Secretary-General’s Envoy on Youth. With over eight years of experience in climate action, disaster...

Arbind Singh is a social entrepreneur and activist working with informal workers and their children in India. He founded Nidan in 1996 which along with various offshoots today works with more than 10,00,000 informal workers for better laws and polices,...

From Lawrence Wintermeyer / Forbes: GoodDollar is a basic income product that works via the public blockchain network. Because blockchain is decentralized and public, this platform could be used globally, non-reliant on any one government. GoodDollar uses G$ coins which...

We use cookies to improve your experience on our website. By continuing to browse, you agree to our use of cookies. For more details, please see our Privacy Policy.