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:

Tasnim Elboute coordinates the High Atlas Cultural Landscapes Programme of the Global Diversity Foundation, focusing on biodiversity conservation and sustainable livelihoods to advance community-led development and environmental justice in Morocco. She plays a key role in fostering partnerships and implementing...

Eli Moore is Director of the Community Power and Policy Partnerships Program (formerly the California Community Partnerships Program) at the Othering & Belonging Institute. Over the last twenty years, Eli has facilitated numerous participatory action research processes and published various...

From Jackie Mader / The Hechinger Report: The $10 a Day initiative, which started in British Columbia and is now being expanded throughout Canada, subsidizes child care centers so that tuition for families can be capped at a more affordable...

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...

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...

From Thiago Alves / Brazil Reports: Bolosa Famila, a social welfare program in Brazil aims to help bring Brazilians out of poverty. Paying R$ 600 ($119 USD) per month enables families to cover basic monthly costs such as food. The...

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.