The Capital Spillway Trust
Local Job Creation for the people, managed by the people
It is proposed to establish a new, private, citizen owned, savings institution; which will be charged with the remit to enable the savings of local communities to be channelled, back into the community, as new equity capital to create jobs. A completely new form of savings institution, owned by the ordinary people; acting in their own best interests. Savings invested as new equity capital, on free enterprise terms, into local employment in their own local community.
Local Free Enterprise for the people, managed by the people themselves.
We aim to: Dramatically increase the invested equity capital base of the small business sector by the operation of a simple rule structure. Create a large flow of investment without the need to create any new government departments or other large bureaucracy. Keep the overheads of any “Local” Capital Spillway Trust funds to a minimum.
A fully competitive, free enterprise, open to all marketplace, designed to supply equity capital to a much wider range of new, privately owned start-ups, new/high technology firms and small businesses on acceptable terms.
The Capital Spillway Trust is entirely an intellectual concept which has no offices or staff other than myself as Founder; and from the outset, has been entirely funded from my own personal income. However, the first stage of this exercise, to demonstrate the effectiveness of my thinking regarding the use of free enterprise based equity capital, placed at the grass roots of society, can only gain traction from the external input of very substantial funding. For that reason I have from the outset, concentrated upon presenting this debate, via attending many high level financial conferences; and for which I am very grateful for such ongoing invitations.