Community
Development Fund
Community
Development Fund a reinvestment fund that will capture a portion
of Mi Tierra to support community development projects in immigrant
communities and in their home communities.
The
Community Development Fund will support the following lines
of action:
•
Micro-enterprise and small business ventures as well as business
education and training activities;
• Educational initiatives that will generate employment opportunities
and, spur community business initiatives;
• Health initiatives particularly those promoting holistic approaches,
and;
• Strategic partnerships and alliances between the third sector,
the public and private sectors that will promote immigrant rights
and civic participation.
To
guarantee transparency and community participation, FIDMi is
establishing an Advisory Board. The main
objective of
the Advisory Board is to design the parameters and
the criteria of the projects that will be funded
by the CDF.
This
Advisory Board will be composed of members of, civil society
in each
community, country or region. Advisory Board members
might be: technical experts, community leaders,
local government officials, faith-based leaders, foundation representatives
and/or, others. |