- The opportunity for a place-based “listed” investment vehicle
- A need to accelerate environmental and social innovation upstream en masse
- A new leadership model that accelerates social and environmental equality
Investing in local living economies worldwide will produce the greatest return
Project X aims to play a leadership and consultive role in challenging the status quo. The Project X Way is additive to our current ecosystem, it can operate alongside our entrenched systems and create change right now and instigate broader change in the future, achieving a new, more sustainable, economic ecosystem. Project X has pinpointed three key gaps that led us to hypothesize an alternative path:
Accessible, Place-Based Investment Vehicles
Accelerate Innovation Commercialization
Prioritize Stakeholder Value over Shareholder Value
The Project X team advises its clients and partners to orient to and implement “The Project X Way” in regions worldwide. We work with our partners to determine how the Project X Way might apply in their area. We:
The equity fund simplifies the process for consumer, endowment, and institutional investors to invest “locally” through a portfolio of privately-held pre-revenue and at-revenue innovation enterprises within a holding company that is publicly traded.
Conducts research and compiles data on macro and micro economic trends to inform good investments in innovation based on demand and opportunity specific to your region/ecosystem. Outputs inform the investment fund allocation and innovations selected for acceptance into Venture Builders.
Provides the capacity (people with the right knowledge, skills, processes and tools) to take innovations from concept to commercialization through the use of a shared services model.
The Venture Builder shepherds innovations through the incorporation and commercialization process, and continues to invest in their scale up and continued growth.
Innovation companies generate net new revenues used to fuel growth and sustain the communities where they operate.
Innovation companies create new jobs that anchor companies in local communities, increasing regional economic value and sustaining families, creating local living economies.
Project X innovation companies steward their profits in favour of sustainable environmental and social benefits, committing a portion of revenues to community contributions.
Net new multi-billion dollar revenue streams.
Increased number of head offices and meaningful careers located within the region/community.
Drastically decrease the investment dollars and shareholder returns leaving communities.
Net new mission-based, philanthropic funding sources for community nonprofits.
A new way of fast-tracking economic development that leaves less value on the table.
Increase the number of place-based stakeholder-driven businesses
Create opportunities for future innovators and business leaders.
Increase environmental and social purpose governance activity within the business community.
Create local investment opportunities for all.
Improve equality in our communities.
You are an inventor, a creator. You might be a technician, academic, artisan, programmer or self educated with a great idea, but you don’t want to be or have to learn how to be the business person. You want to continue to create and we want to work with you and your ideas to bring them to market, fast.
Project X is breaking the mold by working with innovators that are not identifying as business leaders in order to capture the untapped value being left on the table. We want to grow a company around your idea, headquarter it in your region, create living wage jobs and generating more economic activity in your area.
Got an idea or a way of improving something? Let’s talk!
You want to make a legacy investment impact in your local economy through place-based investing.
You’re interested in refocusing your investment within your communities to spur innovation that creates meaningful work in your community through new sustainable enterprises.
You represent a pension fund, endowment, family office or consumers. Let’s talk about how the Project X way provides a tool to invest in ways that make a difference for communities while earning competitive returns and creating a legacy.
You’re looking for meaningful ways to improve your local economy? We’re looking for community leaders that are passionate about making a difference in their community, region, or country.
You might be a community economic developer, an interested citizen, a public servant, a university, a non-profit or foundation, a political leader, or a philanthropist.
Let’s explore if implementing a Project X hub is right for your region as an additional way to use place-based investing and innovator support to improve equality and move further towards a sustainable local living economy.