a National Community Economic Development Resource Center to
Establish, Incorporate and Help Ensure the Success of a Network of
Community Economic Development (CED) Benefit Corporations and B Corps.
PROPOSAL: Establishing a Network of Cause-Oriented Companies that Combine the Principles and Practices of Community Economic Development with the Benefit Corporation Model and the Crowd Funding Provisions of the JOBS Act.
The field of Community Economic Development includes Self-help, Empowerment and Capacity Building as described at the introductory web site at www.CommunityEconomicDevelopmentBenefitCorporation.com .
The Project Objective is to provide expanded access to resources that help residents, businesses, non-profit organizations and communities: (1) realize more of their potential; (2) empower and enable them to help save and create jobs and (3) help address other social, economic and environmental challenges and opportunities.
ADVANTAGES OF THE PROPOSAL:
Just a few examples of tested and proven resources that will be provided include:
The Three Round Method of Brainstorming (developed by the National
Center for Community Education and the CS Mott Foundation), the 10
Step Cocreative Visioning and Strategic Planning System from
CENTER SPACE, the Success Puzzle Template (a simple system
Ultimate Destiny University for more effectively demonstrating
how various facets or components of a program or product relate to
one another and the whole), etc.
Some examples of the intellectual properties and resources that will be provided by and or through Universal Stewardheirship, Inc., the CED Resource Center, the University for Successful Living and Ultimate Destiny Hall of Fame Award recipients include:
DISADVANTAGES OF THE PROPOSAL:
Most people are not aware of the scope and significance of the field of Community Economic Development and its relevance to the pressing challenges we face today in our communities, non-profit organizations, nation and world.
The Benefit Corporation model is relatively new and the crowd funding provisions of the JOBS Act are under review by the SEC and won’t be available for implementation for several months.
Time, energy and funding will be required to implement the
Universal Stewardheirship, Inc. (US, Inc.) is incorporating the CED Resource Center (CEDRC). Then US, Inc. and CEDRC will incorporate CED Benefit Corporations in the seven (7) states that have passed legislation: Maryland; Vermont; New York, New Jersey; Virginia; Hawaii; and California. US, Inc. and CEDRC will also incorporate CED Benefit Corporations in Michigan and Illinois where legislation is pending and where there are already strategic alliance partners.
The project focus will be broader than the states that pass Benefit Corporation legislation as we will also promote and support establishment of and Certification of B Corps by B Lab in the other states. Each participating CED Benefit Corporation and CED B Corp will be encouraged to allocate at least 10% of their shares (and or utilize "phantom shares") to support related not-for-profit community economic development and social entrepreneurship programs and projects within their state. Universal Stewardheirship, Inc. has allocated 40% of its shares to affiliated NPOs and the CED Resource Center will allocate at least 20%.
US, Inc. and CEDRC will each retain 10% of the cofounders shares of each CED B Corp in exchange for the scope of services provided to help ensure the success of each Benefit Corporation affiliated with the CED Resource Center. The majority interest in each individual CED B Corp will be held by the individuals, non-profit organizations and companies that serve as cofounders and cocreators of that Corporation.
US, Inc. and CEDRC will prepare presentation materials, develop web sites, Interest Surveys to identify priority interests by present and potential collaborators, resource providers and participants for specific programs.
US, Inc. and CEDRC will utilize the evolutionary business planning platform and resources provided by FundingRoadMap* ™ to develop a Business Plan to help each State based CED B Corp attract interest, additional cofounders, sponsors, board members, and investors. We will also develop and provide access to Master Marketing Plans and a Master Fundraising Plan for the Project to remain self-sufficient including invitations for individual and corporate memberships and donations, research, development and submission of applications for grant funding, identifying and establishing potential joint ventures, generating fees for service possibilities, etc.
For more information on any aspect of this project, please contact Charles Betterton at 928-284-2671 or firstname.lastname@example.org. Thank you!
patent pending Funding Roadmap™
was created by an experienced and successful life long entrepreneur,
and veteran investment banker, with over twenty years of experience
in investment banking, corporate venture financing, securities
trading, accounting and financial analysis. The need for the product
and the idea came about after the Dot Com crash of 2001, and has
evolved over the years as technology has changed to become more
adaptable to our vision of online business plan and due diligence
reporting, and leveling the playing field for access to capital for