This month, we made a partial payment of our total budget allocation to The Bunya Fund which is Australia’s first co-operative development fund as part of our commitment to help build economic democracy.
As part of our marketing strategy to support independent media and community structures, we also spent $1,100.00 sponsoring Buninyong Sustainability’s Smart Living Festival. It’s not included in the list below as it’s part of our investment in building CoPower (although noting up the relative balance of external projects to do good compared with building CoPower, and the overall strategy of investment was incorporated into our democratic budget process).
Feb 2023 Payment Summary
|37. Co-operative Development Fund – the first dedicated Australian co-operative movement Fund for supporting new co-ops to grow.||$5,170.00*|
*This is a partial payment of the total budget allocation.