Invest In the New Economy

Within NEC’s membership there are dozens of amazing organizations who can help you put your savings or investments to use in building the New Economy. Here are just a few:

 

Community Sourced Capital builds innovative financial systems for communities. They lend money to small businesses using capital sourced directly from people in their own community.

The Cooperative Fund of New England has worked since 1975 to advance community based, cooperative and democratically owned or managed enterprises with preference to those that serve low income communities

Cutting Edge Capital collaborates with visionary, courageous changemakers to bring new capital to the new economy.

Equity Trust runs a revolving loan fund to protect community access to land or affordable housing, or support community-controlled, sustainable economic development for low income communities.

First Nations Oweesta Corporation is a Native CDFI intermediary providing opportunities for Native people to develop financial assets and create wealth by assisting in the establishment of strong, permanent institutions and programs contributing to the economic independence and strengthening sovereignty for all Native communities.

In Our Backyards (ioby) helps neighbors grow and implement great ideas one block at a time. ioby's crowd-resourcing platform and hands-on fundraising support helps connect civic leaders with the resources they need to make our neighborhoods stronger, greener, and more livable.

The Local Enterprise Assistance Fund works to promote human and economic development by providing financing and development assistance to cooperatives and social purpose ventures that create and save jobs for low-income people. 

Regenerative Finance directs capital to on-the-ground, movement-based, community-controlled, localized economies through structures developed collaboratively with communities most affected by racial, economic and environmental injustice.

Salish Sea Cooperative Finance (SSCoFi) is a cooperatively owned social enterprise which refinances high interest student loans in Washington State by reinvesting its members’ financial resources. 

Self-Help is a leading community development financial institution (CDFIs) with a mission of creating and protecting economic opportunity for all, with a particular emphasis on people of color, women, and residents of low-wealth and rural areas. Self-Help operates credit unions and a non-profit loan fund.

Slow Money works through local investing clubs to catalyze the flow of capital to local food systems, connecting investors to the places where they live and promoting new principles of fiduciary responsibility that “bring money back down to earth.”

SosteNica empowers the people of Nicaragua to achieve healthy lives within vibrant, sustainable communities through micro-credit, delivery of education programs focused on sustainable agriculture, forestry, and ecosystem restoration, formation of markets for locally and sustainably produced goods, and incubation of small and medium enterprises.

The Working World creates deep economic development through innovative financing and support to worker-owned businesses that build income and assets in under-resourced communities.