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...

From Sonali Kolhatkar / Yes! Magazine: Guaranteed income programs aim to reduce poverty by providing cash to those in need with no strings attached. One of these programs in New York City, The Bridge Project, focuses on helping women of...

Rodrigo Pacheco is an Ecuadorian chef who attracted the attention of the world through his culinary art and his innovative project “The largest Biodiverse Edible Forest in the world” that he develops as Executive Director of the Bocavaldivia Foundation, to...

From Annie Banerji / Christian Science Monitor: Microfinance institutions in India are providing low-cost loans to women in remote areas who typically only have access to loan sharks. The women are using the money to break poverty cycles and start their...

From Bruce Lim and Ronald Goh / Yahoo News: Businesses in Singapore are experimenting with 4-day work weeks, showing benefits for employees and employers. Read the original story here. Read other articles about employee-focused wellbeing initiatives.

...

Ignacio Saiz is an independent consultant and advisor on issues of human rights and economic justice. He previously served as Executive Director of the Center for Economic and Social Rights, an international NGO that works for a rights-based economy, and...

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.