Chelsea Green Publishing

Chelsea Green Blog

Slow Money Continues National Grassroots Campaign: Milwaukee

As the name implies, “slow money” is not a get-rich-quick scheme. It isn’t about getting rich. It’s a plan to improve local food systems.

Woody Tasch, chairman of the Investors’ Circle (a non-profit network of angel and venture investors, or “nurture capitalists”), seeks out sustainable startups with solid business plans that are looking to improve the quality of the community’s food and the health of the land, and, basically, gives them seed money.

Make no mistake: “slow money” is not about getting 20% rates of returns on an investment. It’s about planning for a sustainable future.

From the Milwaukee Journal Sentinel:

“We’re very early in this exploration, but we think it has enormous potential,” said Woody Tasch, chairman and president of the Slow Money Alliance, Brookline, Mass.

The slow-money concept promotes socially responsible investing in support of local farmers, cooperatives and production facilities in exchange for a moderate return.

The Midwest Slow Money Institute is the fifth such conference Tasch’s organization has held in the United States. The conferences will culminate in a national gathering in September at Santa Fe, N.M.

Along with municipal bonds, Tasch said, other funding ideas include: providing seed capital for a regional slow-money fund family; creating new vehicles to make it easier for foundations to invest in local food systems; and setting up a fund to help expand the size and number of community-supported agriculture outlets, where members buy a “share” of a local farm in exchange for a basket of produce each week.

“The goal is to talk about how best to build the local food movement and support financially small farmers and food producers,” said Grant Abert, a Madison-area investor and philanthropist and chairman of the event’s host committee. “What slow money is all about is creating financial intermediaries that would invest in these small, local food and agricultural enterprises.” […]

Despite a growing awareness of problems in an agricultural system that relies on shipping food to consumers thousands of miles away, little capital is going toward local food systems, said Tasch, who is chairman of Investors’ Circle, a nonprofit network of angel and venture investors and others that says it has put $130 million into 200 early-stage companies and venture funds focused on sustainability. He also is author of “Inquiries into the Nature of Slow Money: Investing as if Food, Farms and Fertility Mattered.”

Read the whole article here.

 

Related Articles:


Born on Third Base: A Q&A with Author and Inequality Activist Chuck Collins

As inequality grabs headlines, steals the show in presidential debates, and drives deep divides between the haves and have nots in America, class war brews. Does it have to be this way?Can we suspend both class wars long enough to consider a new way forward? Is it really good for anyone that most of society’s […] Read More

Three Principles to Survive the Future

What guiding principles will you need to not just survive the future, but imagine a better one? Surviving the Future is a story drawn from the fertile ground of the late David Fleming’s extraordinary Lean Logic: A Dictionary for the Future and How to Survive It. That hardback consists of four hundred and four interlinked dictionary entries, […] Read More

The 5 Rules of Lean Thinking

Are you ready to co-create the future? These 5 Rules of Lean Thinking are a useful tool as we set out to collectively invent a post-market future.Surviving the Future is a story drawn from the fertile ground of the late David Fleming’s extraordinary Lean Logic: A Dictionary for the Future and How to Survive It. That […] Read More

Solar Dollars: Promote Renewable Energy & Support Local Economies

How can you use the sun as a way to not only generate renewable energy, but support the local economy and provide interest-free financing for utility companies?Author Thomas Greco (The End of Money and the Future of Civilization) has the answer: Solar Dollars!In a recent post on this blog (Beyond Money), Greco makes the case […] Read More

Using Permaculture Principles to Design Resilient Cities

The Permaculture City begins in the garden but takes what we have learned there and applies it to a much broader range of human experience; we’re not just gardening plants but people, neighborhoods, and even cultures.Author Toby Hemenway (Gaia’s Garden) lays out how permaculture design can help towndwellers solve the challenges of meeting our needs […] Read More
Follow us
Get every new post delivered to your inbox
Join millions of other followers
Powered By WPFruits.com