With Willow working full time for the last six months restructuring Regen Places Network (RPN) from an initiative out of Coalition of Everyone (CoE) and into a functioning network holding and supporting business, I’ve had the space to run around on the ground getting a bearing on what could help to active nodes of Regen Places
We’ve been discussing what she has gone through in the past six years with extraction from RPN and CoE due to a lack of structuring and understanding in the sector around perceived goodwill and mutual reciprocity, which is why she had to restructure the initiative in the first place, and the development of RPN’s Mutual Referal Agreement
As we talked about the potential growing on the ground across the network and my post last week around place-based regenerative development funds starting as local investment syndicates, we took some time to flesh out what would be a fair exchange of value that honours work past, leaders in place, and the work to be done for further establishment
Regenerative Syndicates
I could have slapped myself yesterday when I realised I have been missing a massive opportunity for activating regenerative development projects with communities through regenerative syndicates I had the concept but hadn’t really packaged it in my head as a stand-alone ‘thing, product, service’… Excuse to do the work
I explained that fund managers for these types of syndicates would hold 15% of shares in the structure for managing the raise and the deployment of capital into the properties and then manage the development
Speaking on the $200k of $1M I have raised for our construction syndicate, we came to a hypothesis we would like to test with the market as a pilot for RPN’s regenerative development investment platform (time to name this properly)
Veridian can split this $200k into four seed investments of $50k into the development of four place-based regenerative development funds for community investment in land-based projects
The 15% General Partner equity can be split evenly as 5% for RPN for holding the network and platform owner, 5% for each Regen Place for the support they are contributing to place, and 5% to Veridian for developing and managing the program and sourcing the seed capital (sharing my 15% original fee)
We will be reaching out to philanthropic, family offices, foundations, institutional and private investors to raise money for not only the place passed funds but the regenerative development investment platform itself to start structuring its legal and digital infrastructure for the pilot
With the core teams of RPN and the Bioregional Institute growing, we are now looking for the willing and able grassroots community groups wanting to start investing in their own future and establishing localised generational wealth across all the capitals
Please reach out to either Willow or myself if you think your community would like to join this pilot program
Some of our guiding principles around money, value, resources, and reciprocity
8 Principles of Regenerative Economics and 8 Forms of Capital Model
Some practitioners add time & health to the 8 forms of capital to make it 10 :)