North Coast Food System Northern Sierra Biomass Project Central Sierra Value-Added Livestock Port West Sac Port of Oakland Port of Stockton Ports of L.A.

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Presentation transcript:

North Coast Food System Northern Sierra Biomass Project Central Sierra Value-Added Livestock Port West Sac Port of Oakland Port of Stockton Ports of L.A. & Long Beach Southern California Renewable Energy Fresno Kings Tulare SOLUTIONS Regional Collaboration on Needed Infrastructure Strategies that Promote Investment in Rural Areas New Financial Tools Relationship Capital Among Diverse Stakeholders Empower Local Leaders and Institutions to Improve Policy Economies of Scale Utilize Cooperatives Connect Local Food Access With Transportation for Export

“Economic Gardening” nurtures the local economy rather than “hunting” for big business relocations. The emphasis is to connect entrepreneurs and existing businesses to resources, encourage development of essential infrastructure and provide entrepreneurs with access to competitive intelligence on markets, customers, competitors, vendors, etc. comparable to the resources customarily available only to large firms. Economic Gardening

BALLE brings together independent business leaders, economic development professionals, government officials, social innovators, and community leaders to build local living economies. We provide local, state, national, and international resources to this new model of economic development. A Partner for Rural Communities

Community Colleges & Job Training Economic Development Corporations Venture Capital & Micro- Finance Resource Conservation & Development Councils Micro Enterprise Support BALLE GoED Local Government State & Federal Programs Research Institutions NonProfits Diverse Collaboration CAMEO Cooperative Extension Financial Institutions USDA

The Pieces That Are Often Taken for Granted and Receive Little Investment

“Intangible Capital” Growing in All Sectors Intangible Value as a % of Total Market Capitalization by Sector

Moving Beyond Workforce Training

Coops Can Do Many Things! Purchasing cooperatives include: Ace Hardware, The Bike Cooperative, Unified Grocers and many more. Worker cooperatives include: small bicycle & book stores, small retail businesses, a fair-trade coffee roaster, a taxi company, an engineering firm, …and an adult theatre.

Bringing OUR Capital Home LEVERAGING NEW MARKET TAX CREDITS (NMTC) D irect P ublic O ffering California USDA Rural Development & the Federal Reserve Bank of San Francisco FINANCIAL OPPORTUNITIES ROUNDTABLE CalFOR aims to develop tools and strategies that will : Mobilize capital markets Capture local investment potential Fuel regional economic growth USDA Loan Guarantees and Intermediary Relending Impact Investing Expanded Use of Bonds Retirement Accounts Invested Locally Program Mission Related Investments and ???