Transition Brockville archive

Tag : Local investing (63)

United Church embraces startups

Globe and Mail / Mark Rendell / 03 July 2017

The Markham Community Innovation Hub, which can host up to 20 entrepreneurs, is only a small part of a broader shift in the United Church. In an attempt to engage millennials and reimagine its role in communities across the country, the church is turning to the language and techniques of startup culture.

Two years ago, EDGE ran its first Social Innovation Challenge in Toronto, inviting entrepreneurs and social activists, both church and non-church members, to pitch ideas that would be considered for small amounts of seed funding, ranging from $500 to $1,500. Successful applicants had to show that their ideas were not only financially viable, but also beneficial to the community.

They’ve since run challenges in cities across the country and established an online network to connect over 170 initiatives with business mentors.

[ FULL ARTICLE ]

This Canadian site lets anyone be a cleantech investor

FastCompany / Ben Schiller / 13 June 2017

On CoPower, an investment platform for renewable energy and energy efficiency projects, you don’t have to make concessions between decent financial returns and decent environmental impact (as is often the case elsewhere). If you’re willing to put up at least $5,000, you’re promised 5% a year over five years, and your money goes to solar farms, geothermal installations, and building retrofits.

The only catch: Currently, you need to be a Canadian citizen to access the site.

For everyday investors wanting to put their money into social and environmentally themed projects, Canada offers better options than the U.S. does at the moment (along with universal healthcare, a lower drinking age, and soon, legal marijuana). Since it relaxed its financial regulations last year, Canada allows ordinary “non-accredited investors” to make direct investments online in private projects.

[ FULL ARTICLE ]

Port’s progress boosting regional economy

Recorder & Times / Sabrina Bedford / 12 June 2017

The benefits to the regional economy of having a local port on the international seaway are evident throughout the area, [Robert Dalley, the port’s general manager] said.

“The port processes and transports over 1.2 million metric tons of goods each year used by local businesses, farms and municipalities but it also creates jobs, attracts inward investment and contributes significantly to the environmental stability of our region.”

Last year, the port also spent $2.2 million on more grain storage and automating equipment in the grain elevator, he said. The new grain bins were immediately filled with non-GMO corn from Ingredion Canada Corporation to manufacture products at its Cardinal plant.

[ FULL ARTICLE ]

More than two wheels: how bikes build sturdy communities

Globe & Mail / James Martin / 11 May 2017

There are community bike shops all across Canada, but Winnipeg’s particularly high concentration is a reason the city will host the 2017 edition of Bike!Bike!, an international gathering of community bicycle projects this August. Approximately one in five Winnipeggers are immigrants, and the city welcomed 12,383 new permanent residents in 2015 alone.

“Bikes open up options to employment to them, and open up their city,” says Mr. Heath. “A lot of the folks we serve don’t necessarily identify as cyclists in the way you or I might think of it – spandex, fancy road bike. And they’re not hipsters. Like a lot of cyclists in Winnipeg, they’re functional cyclists. They get introduced to it and they realize it’s affordable, it has health benefits and there are a lot of joys to it. They’re just regular people on bikes.”

[ FULL ARTICLE ]

Return of traditional skills is boosting Italy’s economy

The Guardian / Angela Giuffrida / 01 April 2017

Italy has one of the most sluggish economies in the European Union, with the overall unemployment rate standing at 11.7% in January, figures from Istat, the national statistics agency, showed.

But there are some signs of recovery among small artisanal businesses, with hiring among them rising 2.3% in 2016, according to data from CNA, the national confederation of artisans and small businesses.

Claudio Giovine, a chief economist at CNA, said this is partly due to the economy in general performing mildly better and firms having more flexibility with work contracts.

There has been a trend among school leavers veering towards traditional trades, but also among graduates striking out alone, he added.

[ FULL ARTICLE ]

newterra showcasing toilet-to-tap technology

Newterra / 22 March 2017

World Water Day is a great time to reflect on how precious every drop of water is, particularly when much of the world does not have access to clean, safe, drinking water. According to a report by World Health Organization (www.who.int), half of the world’s population will be living in water-stressed areas by the year 2025. Given these facts, it’s easy to see how critically important it is that we think about ways to reuse wastewater. newterra (www.newterra.com), a leader in modular water, wastewater, and groundwater treatment solutions, is working hard to expand global access with innovative, safe, and efficient water treatment technology.

[ FULL ARTICLE ]

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The Transition Framework

Transition initiatives share many of the same goals as other groups, and works collaboratively with a variety of organizations in their local areas. Transition differs in that it focuses specifically on preparing communities for the changes associated with unprecedented resource depletion and transitioning away from fossil-fuel dependency.

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