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Co-op holds information session in Pender Harbour

Invest Locally

Coast Community Investment Co-op (CCIC) representatives will hold an Invest Locally session April 6 in Pender Harbour.

The new, member-owned Co-op’s mandate is to invest in local businesses and projects that support social and environmental goals such as food security, affordable housing, environmental resilience, and job creation.

Attendees at the Invest Locally event will learn more about the CCIC business model and the opportunity for local investors to become involved. Light refreshments will be provided.

This is the fourth information session organized by the new investment co-op. Previous sessions were held in Gibsons, Roberts Creek and Sechelt.

The Co-op is one of three Rhiza Capital investment vehicles that provide different levels of risk, return and community impact. Rhiza Capital is a collaboration of Community Futures Sunshine Coast, Sunshine Coast Credit Union and the Powell River Community Investment Corporation.

“The investment market in Canada is undergoing a shift toward impact and local,” said Brian Smith, CEO of Rhiza Capital. “We’re talking about community investment that adds economic, social and environmental value that we can take pride in – with a modest financial return.

“Rhiza, Greek in origin, refers to root structure. We’re intent on growing local economies and healthy communities by connecting root capital to impact ventures.”

The event is free, but registration is required through www.Investlocally.eventbrite.ca or [email protected]. The event runs from 5:30 to 7 p.m. at Pender Harbour Legion.

– Submitted