1.0Citizenfundhttps://members.citizenfund.coop/en/Citizen Fundhttps://members.citizenfund.coop/en/author/admin/rich600338<blockquote class="wp-embedded-content" data-secret="n8X6VefufI"><a href="https://members.citizenfund.coop/en/faq/">FAQ</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://members.citizenfund.coop/en/faq/embed/#?secret=n8X6VefufI" width="600" height="338" title="“FAQ” — Citizenfund" data-secret="n8X6VefufI" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /*! This file is auto-generated */ !function(c,d){"use strict";var e=!1,o=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},c.wp.receiveEmbedMessage);else if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(!t);else if(!(t.secret||t.message||t.value));else if(/[^a-zA-Z0-9]/.test(t.secret));else{for(var r,s,a,i=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=new RegExp("^https?:$","i"),l=0;l<n.length;l++)n[l].style.display="none";for(l=0;l<i.length;l++)if(r=i[l],e.source!==r.contentWindow);else{if(r.removeAttribute("style"),"height"===t.message){if(1e3<(s=parseInt(t.value,10)))s=1e3;else if(~~s<200)s=200;r.height=s}if("link"===t.message)if(s=d.createElement("a"),a=d.createElement("a"),s.href=r.getAttribute("src"),a.href=t.value,!o.test(a.protocol));else if(a.host===s.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(o);else{o=!0;for(var e,t,r,s=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=d.querySelectorAll("iframe.wp-embedded-content"),n=0;n<i.length;n++){if(!(r=(t=i[n]).getAttribute("data-secret")))r=Math.random().toString(36).substr(2,10),t.src+="#?secret="+r,t.setAttribute("data-secret",r);if(s||a)(e=t.cloneNode(!0)).removeAttribute("security"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:"ready",secret:r},"*")}}}}(window,document); </script> [vc_row][vc_column][vc_empty_space][vc_column_text] Answers to your most frequently asked questions [/vc_column_text][vc_tta_accordion style=”flat” shape=”square” color=”white” c_align=”center” c_position=”right” active_section=”1″][vc_tta_section title=”HOW DOES THE CITIZENFUND WORK?” tab_id=”1610488680604-654d7444-3272″][vc_column_text] The Citizenfund is an investment cooperative. We operate like an investment fund: several individuals and legal entities invest a certain amount of money in the Citizenfund. The Citizenfund then uses the envelope to invest this money in companies that have a positive impact on society. These companies will then generate income (dividends or interests), which will be paid back to the Citizenfund and then to the Citizenfund’s investors (as dividend). Putting money into the Citizenfund is therefore an investment and not a philanthropic act. [/vc_column_text][/vc_tta_section][vc_tta_section title=”WHAT IS THE PROJECT SELECTION PROCESS?” tab_id=”1610488680615-6a9d5401-8d14″][vc_column_text] At Citizenfund, it is our cooperators-investors who choose the companies that the fund finances. The triple-checking process that we have put in place allows us to rely entirely on collective intelligence to make funding decisions. How does it work? 1° After an initial meeting, the Selection Committee verifies that the entrepreneur and his project correspond to the values of the Citizenfund by evaluating it on 5 criteria : Purpose: Does the project meet at least one of the United Nations’ sustainable development objectives? Operation: Is the way in which the project leader and his team wish to achieve their objective compatible with the Citizenfund’s values (governance, profit distribution, etc.)? The team’s investment: Do the project leader and his team seem sufficiently invested in their project? Implementation capacity: Do the project leader and his team have the capacity to bring the project to a successful conclusion? The financial plan: Is the project’s business model self-supporting or at least will it be self-supporting? 2° Our cooperators-investors meet the entrepreneur and his project and challenge them in a friendly manner. They then vote during 10 days on our site for or against the financing of the social enterprise by the Citizenfund. If the majority is in favour of the project, it will be financed. The majority wins. 3° An elected cooperator-investor then takes over by becoming an observer. His role is to monitor a financed project, hand in hand with the entrepreneur and the Citizenfund’s operational team. [/vc_column_text][/vc_tta_section][vc_tta_section title=”HOW IS THE CITIZENFUND REMUNERATED?” tab_id=”1610494044514-52ec3f62-2932″][vc_column_text] For each share/share purchased, the Citizenfund charges a one-off fixed fee of 4% (€10 for B shares at €250, €2 for C shares at €50). We are currently considering other forms of income. [/vc_column_text][/vc_tta_section][vc_tta_section title=”WHY INVEST IN THE CITIZENFUND?” tab_id=”1610535193627-3e8b0eb0-575f”][vc_column_text] By investing your money in the Citizenfund, you become a real actor of change. Indeed, you finance positive companies that contribute to a better world. The 6 main benefits we see are : • You choose the companies in which the fund invests, thanks to an online voting system. • You support social entrepreneurs and enable the evolution of their projects. • You get a guaranteed social return and a potential financial return of a maximum of 6%. • Cooperative governance 1 person = 1 vote ensures greater democracy in decision-making. • Your risk is mitigated thanks to the diversity of the companies financed by the Citizenfund. • You are part of a network of people […]https://members.citizenfund.coop/wp-content/uploads/2022/04/Preview-url.jpg470246