slow money by woody tasch socap10
TRANSCRIPT
Investing As If Food, Farms and Fertility Mattered
SOCAP 2010
www.slowmoney.org
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The Age of Hockey Sticks
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CO2
Population NYSETradingVolume
Processing
Speed
VC Returns
“As it circulates the globe with ever-accelerating speed, money is sucking oxygen out of the air, fertility out of the soil and culture out of local communities.”
-- Inquiries into the Nature of Slow Money
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“The wealthier a society, the more difficult it becomes to do things that do not have an immediate payback.”
-- E.F. Schumacher
Economy Ecology
Industrial Agrarian Linear Cyclical Markets Places
Globalization Localization
Restorative Economics
Food Philanthropy Investment
PRINCIPLES
TRANSACTIONS
RELATIONSHIPS
The Movement
Within a decade, billions of dollars per year from local investors into small food enterprises that are building the soil of a restorative economy.
From venture capital to nurture capital --entrepreneurial finance that supports soil fertility, sense of place, diversity and nonviolence.
Real food, real farms, real community
Local Network
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Debt & Equity
Vehicles
National Network
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Soil Trust
Strategy• Leverage the power of local & national
networks
• Create innovative for-profit & non-profit financial products and services
• Fundraising & Deal Flow
• PR Campaigns & Media
• Thought leadership & Publishing
• Education & capacity building
• Entrepreneur Showcases
• Santa Fe – 350 people, 34 states and 6 countries. 26 entrepreneurs presented, $260,000 invested flow
• Shelburne Farms – 600 people, 26 entrepreneurs presented, $1.5 million+ invested
National Networks
• Regional gatherings & entrepreneur showcases
• Local investing & fundraising
• Local fund creation
• Food Systems Assessment & local knowledge
• Pilot programs
• Membership outreach
Local Initiatives
• BSW - “Slow” Municipal bonds
• RSF – Investment fund, CDs & Loans
• Calvert – Loans
• Mission Markets – Individual private equity placement
• Portfolio 21 – Equity fund
• Different products for different people
For Profit Investment Products
• If four million Americans contribute $35 per annum to the NRA, will one million Americans contribute $25 per annum to the Soil Trust?
• Donation in - Investment out
• Guarantees, Co-investment, Seed capital, Grants
• 100% MRI Foundation
• A new generation of foundations whose primary purpose is investing
The Soil Trust
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BIOPHILIA
INVISIBLE HAND
MORAL SENTIMENTS
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Take the Next Steps
Sign the Slow Money Principles: http://bit.ly/SlowPrinciples
Become a Member: http://bit.ly/JoinSM
Read the Book: Order the just released paperback from Chelsea Green.
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