Posted by Felicity McLean 10 June 2013 16.24 BST guardian.co.uk
Social innovation triggers impact investment in Canada | Guardian Social Enterprise Network. (Posted by Melissa Ip 21 June 2013 08.00 BST guardian.co.uk The Guardian)
The idea was to have a place where social innovators could work. In 2004, five social entrepreneurs tested this idea by turning 5,000 of the 100,000 sq ft Robertson Building, an early 1900 Edwardian style structure that was once used as a manufacturing warehouse for the James Robertson Company in Toronto, into a shared workspace.
Innovations for the local economy
In a globalized world, local economies easily end up at the impoverished end of the trade/wealth spectrum. In fact, many communities have been paralyzed for years in needless economic depressions.
Social Trade Organization (STRO) targets these communities with its innovative solutions that increase the purchasing power through new forms of money and credit and by making existing purchasing power circulate longer within a given community or region.