Sometimes organizations want to do a bit of their own homework on Community Bonds before they reach out to us. This is why we have launched our new resources page, to give you and your team the tools you need to explore and evaluate the option of community financing at your own speed.
“We want organizations to be able to self-select whether this is a good fit for them or not,” says Ryan Collins-Swartz, Co-Executive Director of Tapestry. “Through our experience helping to raise and manage over $70 million in community bonds, we have come to realize what works and what doesn’t. We want organizations to use these tools to say either, ‘yes, this is a great fit for my project’ or ‘no, we aren’t quite there yet.’
Community bonds are still a very new concept to most. This means there is often a good deal of educating that needs to take place at the Senior and Board level before organizations feel comfortable exploring this idea in greater detail.
“Once they dig into these resources and see how others have done it and succeeded, they walk away confident that they too can realize their visions with the help of community finance,” says Ryan.
On our new resources page you will find two case studies that can be downloaded free of charge. These walk you through the amazing stories of how the Argonaut Rowing Club and The Mount Community Centre raised community bonds to transform community real estate.
There is also an in-depth guide written by the Centre for Social Innovation (CSI), who have now raised over $8 million in community bonds, that tells their story and shares their wealth of experience.
“We are very happy to have all these tools easily available online now, and hope that this will improve the accessibility, and general awareness, of community bonds across Canada,” says Ryan.
For those that have explored these resources and wish to move further in their research, we offer a 3-hour workshop designed to bring your team together to further evaluate how community bonds can work for your project.