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The Democracy Collaborative – working in close collaboration with Jill Bamburg of the Bainbridge Graduate Institute and Marjorie Kelley of the Tellus Institute, and supported by the Northwest Area Foundation – is spearheading a year long intensive training and advisory program designed to help Native communities better engage in comprehensive community economic development. The first session of the program, recently completed, brought together leaders from six Native organizations in Oakland, California, where they were able to engage with key experts from the thriving ecosystem of green and worker-owned companies in the Bay Area.
Electric Embers is a worker-owned cooperative that provides Internet services and technical assistance to over 800 local non-profits, other cooperatives, artists, and community wealth building organizations. The company is 100 percent powered by renewable energy, and the carbon offsets it purchases help build wind, biogas, and solar projects that benefit Native Americans, family farmers, and rural communities.
Northwest SEED works to establish a clean, diverse, and affordable Northwest energy system based on efficient use of renewable resources, with maximum local control and ownership of energy assets. The group provides technical assistance for projects that stimulate local economic development, create jobs, and enhance security, while creating widespread popular support for and investment in a sustainable energy system. Efforts to date have included a range of community-owned and tribal-owned wind, solar, and biomass projects.
Originally published at Veris Wealth Partners
Clara’s right.
The time is now for community foundations to embrace a new vision that accelerates social progress and rebuilds local wealth.
Established in 1964, Tompkins County Area Development (TCAD) helps foster a thriving and sustainable economy by a) growing, retaining, and attracting companies that provide high-quality employment opportunities, and b) creating an environment supportive of entrepreneurship and business development. In 2017, TCAD supported 22 projects expected to invest $142.9 million in the Ithaca region. To help entrepreneurs launch and expand businesses, TCAD established its Revolving Loan Fund Program in 1989, an effort credited with lending $3.1 million to 68 companies that have created or retained over 1,100 jobs. TCAD also provides management and administrative support to two County entities: 1) the Tompkins County Development Corporation, which provides educational and nonprofit projects with access to low-interest rate debt in the tax-exempt bond market; and 2) the Tompkins County Industrial Development Agency (TCIDA), which provides economic incentives to projects that will strengthen the County’s tax base and enhance community vitality. To foster renewable energy generation, TCIDA adopted a commercial solar policy in 2017 that provides a property tax incentive to community solar projects, an effort that is credited with supporting six projects expected to generate 12 megawatts of solar power (i.e., enough to power 2,400 to 3,600 homes).
