The Slow Movement has encompassed nearly all aspects of conscious minded individuals, from slow food to slow fashion, people are rethinking how they choose to spend their money, and this has a significant impact that goes much deeper than the initial purchase.
That reconsideration of consumption and consumerism has led to a refreshing new approach to the way money is viewed – and used.
The Slow Money movement initiated in 2010 when the nonprofit organization was initiated by Woody Tasch while writing the now published book, Inquiries Into The Nature of Slow Money: Investing As If Food, Farms and Fertility Mattered.
What defines this movement is not quite business as usual. Terminology like nature capitol, farm capital even cheese capital, and monetary references to the Beetcoin, are what may be overheard in a conversation about Slow Money.
The central ideology of the movement is to create a platform for investors and donors, and to develop a network for funding. However, what is refreshing and completely different is that financing, development and manufacturing is geared toward small businesses in the fields of food production, community based food systems and organic and local farming.
In short, the Slow Money movement demands a new economical focus of how investors, businesses and communities think of money.
Since the organization was founded, individuals and groups have initiated local and regional chapters. This year’s event is set to meet in Louisville, KY, and has an impressive group of speakers scheduled to present. Participants are currently holding a contest that can be placed in favor of businesses and entrepreneurs who will be at the meeting.
Donors and voters can make a tax-deductible contribution in the form of a Beetcoin.
Proceeds of the donations are gathered by the Slow Money organizations and then a 3 year, 0% loan will be awarded according to popular vote to 2 of the businesses who will be presenting at the Louisville event. As loans are repaid, the earnings will be restructured into a future loan for another chosen business.
Local groups throughout the world have benefited from the common sense Slow Money approach. Since 2010, the organization has helped to create over $38 million in investment funds for more than 350 small food businesses in the U.S. The first global investment was for a $20,000 loan in Switzerland for a solar dairy farm, and more international chapters are in the works.
Check out the Slow Money Principles for more information about the movement:
From the principles:
“…The 21st Century will be the era of nurture capital, built around principles of carrying capacity, care of the commons, sense of place and non-violence…We must learn to invest as if food, farms and fertility mattered…Let us celebrate the new generation of entrepreneurs, consumers and investors who are showing the way from Making A Killing to Making a Living…”
All images are from Slow Money.
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