Sweat Capital and In-Kind Contributions
Recognition of sweat capital and in-kind contributions is a complementary strategy for fund raising which eases pressure on the need for cash funds up front through a structure to convert contributions to share holdings.
There is a significant amount of work and intellectual property which has already been, and can continue to be, contributed to NEW by the members, partners and supporters.
A transparent structure can be established to set aside a portion of the share capital in the co-operative to recognise and compensate these contributions in the form of shares, securities or other interests in the wind farm which reflect the amount of unpaid work and intellectual property.
Any such arrangement would necessarily be consistent with the design principles, particularly in terms of transparency and accountability.