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:

Pedro co-founded Sistema B in 2011 after decades of experience in cross-country dialogue and implementing solutions for social and environmental problems across Latin America and Europe. Sistema B is a global organization dedicated to new economies promoting the creation of...

From Nadia Lobti / The New Times: Twice a month the city of Kigali has a “Car Free Day,” a program that reduces air and noise pollution while simultaneously encouraging residents to be more active via walking, biking, and other...

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 Lee Suh-yoon / The Korea Times: The Youth Allowance Program in Seoul gives lower to middle-class residents (aged 19 to 34) a monthly stipend of 500,000 won ($418) for up to six months to ease the financial burden of...

Ai-jen Poo is the President of the National Domestic Workers Alliance and Director of Caring Across Generations. A nationally recognized expert on elder care, family care, the future of work, gender equality, immigration, and grassroots organizing, she is also the...

Allison Duettmann is the president and CEO of Foresight Institute. She directs the Intelligent Cooperation, Molecular Machines, Biotech & Health Extension, Neurotech, and Space Programs, Fellowships, Prizes, and Tech Trees, and shares this work with the public. She founded Existentialhope.com,...

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.