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North Coast Food System

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

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North Coast Food System

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  1. 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 Northern Sierra Biomass Project North Coast Food System Port West Sac Central Sierra Value-Added Livestock Port of Oakland Fresno Kings Tulare Port of Stockton Ports of L.A. & Long Beach Southern California Renewable Energy

  2. “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

  3. 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

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

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

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

  7. Moving Beyond Workforce Training

  8. 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. Coops Can Do Many Things!

  9. USDA Loan Guarantees and Intermediary Relending • 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 Bringing OUR Capital Home Direct Public Offering • Impact Investing • Expanded Use of Bonds • Retirement Accounts Invested Locally • Program Mission Related Investments • and ??? LEVERAGING NEW MARKET TAX CREDITS (NMTC)

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