KINETIC COMMUNITY 1.0
Where Everyone and Everything is Potential
The Mission: To reflect and transmit a shared understanding of what it means to be a community that is philosophically oriented to the equal dignity of all persons and to the principle of love of neighbor.
"Life is strong and fragile. It's a paradox... It's both things, like quantum physics: It's a particle and a wave at the same time. It all exists all together." - Joan Jett
Like It's Never Been Done Before
Kinetic Capital Community Foundation is a 501(c)(3) affiliate of Kinetic Capital LLC; a domestic corporation that acts as an intermediary vehicle for the provision of loans, investments, or financial counseling for small businesses and Low-Income Communities (LICs). The development of Kinetic Community 1.0 will offer investors an exchange for equity investments in the community development project.
THE PURPOSE OF COMMUNITY ECONOMIC DEVELOPMENT (CED)
Community Economic Development’s purpose is to revitalize communities, develop and rehabilitate affordable housing, promote sustainability, attract investments, build wealth, encourage entrepreneurship, and create jobs.
Micro or small business loan programs
Counselling and technical assistance
Sectoral development strategies
BALANCED GROWTH ECONOMIC DEVELOPMENT
"The ultimate resource in economic development is people. It is people, not capital or raw
materials that develop an economy." -Peter Drucker
Balanced growth refers to a specific type of economic growth that is sustainable in the long term. It is sustainable in terms of low inflation, the environment and balance between different sectors of the economy such as exports and retail spending. Balanced growth is the opposite of volatile boom and bust economic cycles.
We believe that centralized, community-controlled economic development, in union with existing residents, will improve quality of life, and build strong, equitable, and sustainable communities.
Our micro-economy generates employment opportunities and provides existing residents with convenient access to essential goods and services such as grocery/market, bank, childcare and recreation.
We work with all stakeholders to identify needs and leverage the value and potential hidden within their existing communities. We work with the boots on the ground and partner with existing community organizations, small businesses and service programs.
Our team facilitates and guides community members through a process of urban-economic development customized for the unique needs of their community. In the end, they'll have a micro-economy or ecosystem where they can thrive and grow for generations to come.
ECONOMIC RESTRUCTURING FOR WITH AND BY THE EXISTING COMMUNITY
Urbanization is a non-ending phenomenon.
Today, 54% of people worldwide live in cities, a proportion that’s expected to reach 66% by 2050.
Combined with the overall population growth, urbanization will add another 2.5 billion people to cities over the next three decades. Environmental, social, and economic sustainability is a must to keep pace with this rapid expansion that is taxing our cities’ resources. Economic restructuring makes knowledge and innovation the keys to competitiveness, giving cities a renewed purpose and function.
Development of the entrepreneurial ecosystem: Create an environment where people want to do business and then identify and support entrepreneurs. Entrepreneurs and other local champions should find ways to prop up local innovators. Support their risk-taking. Connect them to others in the entrepreneurial ecosystem. Give these entrepreneurs every chance to succeed.
Connections within the community as a broad umbrella for thinking about everything from widespread inclusiveness to infrastructure. What’s different? We are not looking to attract different people. We are looking to keep and revitalize current people at the same time at revitalizing the neighborhoods building great urban spaces and tackling issues of livability and housing affordability—is vital to attracting and retaining talent and growing the economy.
CONNECTING THE COMMUNITY
Communities come together and set up community businesses to address challenges they face together. There are many types of community business including shops, farms, pubs and call centres. What they all have in common is that they are accountable to their community and that the profits they generate deliver positive local impact, such as boosting the local economy.
Human investments driving new economy growth: Successful communities recognize their vitality is dependent on new innovations, enhanced educational opportunities and strong human capital. These communities identify human capital assets and leverage these opportunities for long-term economic success.
Similar to social enterprises, community businesses are committed to positively benefiting society through trading in a sustainable way. All profit from a community business is reinvested in the local area. Unlike social enterprises, community businesses are focused on benefiting a specific local geographic area.