NationStates Jolt Archive


Opening First International Ownership Bank of Commonalitarianism

Commonalitarianism
03-02-2006, 16:36
The Commonalitarianism is happy to announce the opening of the Commonalitarianism First International Ownership Bank of Commonalitarianism, PPC-- Public Private Consortium. This bank is the result of internal legislation by the Civil Assembly, specifically the International Worker Ownership Initiative. It is a consortium founded by bringing together the help of the government and Bonanni Commercial House, RFS- Registered Family Syndicate, Cruon Commercial House, RFS- Registered Family Syndicate, and Maritime Credit Union, RUS- Registered Union Syndicate.

We are providing loans and credit to form worked owned businesses. Some examples of this are Union Syndicates, ESOCs-- Employee Stock Ownership Companies, Family Syndicates, Cooperatives, and any directly family owned business.

We are also interested in providing funding so unions can buy their companies, providing funding to help employees buy closing plants, providing funds for employees to buy government companies that are being privatized. This is all subject to financial qualifications.

Credit, Financial History, Worker Background, Time Reliability, and Financial Assets will be checked.
We do not provide grants.

We are partnered with the following international organizations and companies Mondragon Cooperative Corporation, Science Applications International, Syndicate Bank, and the International Employee Ownership Initiative.


Our bank also has a venture capital arm for new technology ventures interested in forming worker owned or family syndicate companies.

We are currently providing funding in:

Alternative Energy--
Specifically Hydrogen Energy,
Improving Oceanic Tidal Generators
Solar Technology
High Durability Wind Barges

Sea Technology
Submarine Technology
Fisheries
Deep Sea Mining
Construction Robotics


Automotive
Alternative Fuel Vehicles-- Trucks, Big Rigs, Passenger Vehicles
Armored Vehicles

Special Issues:

Ceramic Composites
Electromagnetic Technology


For inquiries Contact:

First International Ownership Bank of the Commonalitarianism
50 Happy Lane Barge, Commercial District
Liberty Arcology, Commonalitarianism
Direct Democratic Commonality