Ours to Own: Small Investments Create Strong Communities
This solution addresses Lack of local investment dollars for local organizations and intitiatives in Minneapolis, Saint Paul, Denver, Baltimore for small businesses and nonprofits that aren’t strong candidates for traditional investment
Problem Description
Ours To Own is a growing movement of people making small investments — $20 or more — to strengthen the cities we live in and love. We are reclaiming the basic concept of investing: pooling together smaller amounts of money to create bigger impact, for the common good.Building Blocks
- Small Investments in Local Entrepreneurs and Organizations
- Partner with community organizations to identify best use of funds
- "Investment" Money is Provided as Loans
- Investors share in the returns, financially and socially
- Vested.org micro-investment - Platform Technology Supporting Social Outcomes
- Local Funding for Twin Cities, Denver, Baltimore
Social Progress Index
Photos
Resources
- Ours to Own Website
Creating the cities we want to see can't be done solely by big corporations, big industry, or the government. It takes the people living in these cities – those who are invested in creating positive change in their communities. The Ours To Own campaign is a national movement built on the belief that citizens should be able to invest in building the future they want in their cities.
Organisations Involved
Solution Stage
One of the 7 stages of an innovation. Learn more
| STAGE | SPECIALIST SKILLS REQUIRED | EXAMPLE ACTIVITIES | RISK LEVEL AND HANDLING | FINANCE REQUIRED | KINDS OF EVIDENCE GENERATED | GOAL |
|---|---|---|---|---|---|---|
| Growing scaling and spreading6 | Strong leadership, management, implementation skills |
|
MEDIUM |
HIGH | Evidence derived from evaluations in multiple sites, and independently run randomised control trials | Innovation or impact at scale |
Submitted By
Steve Wright