#yyc

Capital for Cause: Back to Basics is a must attend event for all impact investors and social entrepreneurs looking to unleash capital for greater social impact as well as financial returns. It will be an engaging and interactive day of discussion and idea generation focusing on the topics of affordable housing and food security.

A community focused and community funded restaurant in the inner-city neighbourhood of Inglewood, in Calgary, Alberta is the latest social business to launch in Calgary's growing social enterprise sector.  It's mission is to be a beautiful space where people come together to create, enjoy, share and become inspired.

What is a community built restaurant?  It is one where each of us in the neighbourhood take a financial stake in the success of the business.  During the day, it is a coffee and co-work space in the evening it is a pub featuring craft nachos, unique salads and craft beer.  In the summer the patio opens up for curbside dining, people watching and overall neighbourliness.  In essence, we are building the buisnesses that we want to have in our community and we are taking ownership of their successes.

For more information on Main Street investing check out Michael Shuman's book Local Dollars, Local Sense or catch this video.

The summer months have been busy managing the Place2Give Foundation Southern Alberta Emergency Relief Fund.  We have been hearing back from many of the agencies that have received donations from the Fund and wanted to share some of the feedback.

There have been several questions asked of me lately about how the Red Cross will be using donations raised for the #ABFlood.  I have been having a Twitter conversation with @KarenSnider in the hopes of getting some clarity around things.  This conversation started because there was conflicting information being shared on the website and in the media.  

Here are the questions that I have asked Karen who works for Red Cross:

I haven't seen a group of people come together so quickly to help each other our since I was in NYC in 2001. I am in awe and moved by the way people are opening their doors, hearts and wallets to neighbors - friends and strangers alike.

This type of generosity not only reinforces my personal belief in how society should be structured but also how it can actually work. That said, it is important to recognize the business side of the philanthropic equation.