Introduction to Unleashing Local Capital

Date:

4 June, 2015

Noon to 1pm Mountain Time

This year Albertans will put billions of dollars into RRSPs. The majority of this money will be invested outside of the province. However, several Albertan community are bucking this trend. They are investing directly in their local economy. This has led to the revitalization of businesses districts, created jobs, and increased vibrancy. By investing locally, community members receive both a financial and social return. One only has to look to the communities of Sangudo and Crowsnest Pass to see the impact.

This webinar will teach participants about raising local capital, to finance local business development. Unleashing Local Capital is a new and innovative local financing program that supports communities in establishing Opportunity Development Co-operatives (ODCs) that pool capital within a designated community using RRSP eligible shares.

This lunchtime webinar will teach you everything you need to get started, as well as provide an opportunity to ask questions and discuss your local business development project. It will include: The webinar will include

An overview of the project, drawing from successful examples in Alberta
The process of raising capital in your community
Rules and regulations related to local financing, and how to raise capital in accordance to the current rules

At the end of this session you will be prepared to get started on a local financing project in your community! If you are involved in local business, community economic development, or are an entrepreneur this webinar will provide you with some excellent new information and insight into how local financing can be used to build strong and vibrant communities. Opportunity Development Co-operatives can be used to finance: