FEST Proposals

FEST has taken an innovative approach to generating actions to advance the three components. It has designed its approach with the following goals in mind:

  1. Build on what people in the field of FST are already doing;
  2. Enhance radical collaboration as a core FEST value;
  3. Further develop FEST ownership by field participants; and,
  4. Expand engagement in FEST to include new participants.

These design guidelines produced a all to FEST members to propose modest Concept Note actions within $25,000 - $50,000 to develop the three components. The Notes had to include at least two implementing organizations. This call resulted in 9 Concept Notes from 12 organizations (below, viewable by clicking on the name). These have been combined into a FEST community proposal

Funders are invited to become FEST participants by becoming a Financial Sponsor of one or more of the Concept Notes with a commitment of $25,000 to $75,000. The Notes are purposely brief, with the aspiration for further development through discussion between their writers and funders.  Funders are also expected to engage in the FEST community and the implement of the note they support, with the goal of shifting from traditional transactional relationships to collaborative ones. The upper limit reflects FEST's goal to bring into the community multiple funders, aiming to provide for them the benefits of:

  1. Accessing the leading FST knowledge, tools, and processes;
  2. Developing relationships with leading FST players;
  3. Developing new capacity for systems transformation funding through a modest step; and
  4. Advancing particular actions funders see as important to develop the field.    

The Notes include one for a community convening by TransCap Initiative, Meridian Institute and MIT Sustainability Initiative, at MIT at the end of January 2024. The work from all of the Concept Notes will feed into this event and contribute to one of its outputs being defined three-to-five year pathways for the FST field’s development.

Interested funders should contact FEST Lead Steve Waddell (swaddell@festfield.finance). Steve will initiative discussion with the proposing organizations to answer questions and further develop the proposal in response to collective discussion.  See more on the FEST funding strategy.

 

Mapping the Financing Systemic Transformation Ecosystem 

Meridian Institute, Bounce Beyond, Maria Balcazar Tellez Consulting 

Lopathjwaysrem ipsum dolor sit amet, consecPathtetur adipiscing elit. Nulla euismod condimentum felis vitae efficitur. Sed vel dictum quam, at blandit leo.

Indigenous Commons Kinship Systems Mapping 

Cattail Strategy, R. Becque 

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla euismod condimentum felis vitae efficitur. Sed vel dictum quam, at blandit leo.

Developing Futures Pathways for the FST Field 

Bounce Beyond, Rockefeller Philanthropy Advisors

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla euismod condimentum felis vitae efficitur. Sed vel dictum quam, at blandit leo.

Developing FST Field Coherence

Bounce Beyond, Innpactia, Buckminster Fuller Institute 

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla euismod condimentum felis vitae efficitur. Sed vel dictum quam, at blandit leo.

FEST face-to-face community planning meeting @ Systemic Investing Summit

TransCap Initiative, Meridian Institute, MIT Sloan Sustainability Initiative 

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla euismod condimentum felis vitae efficitur. Sed vel dictum quam, at blandit leo.

Unlocking the potential of FEST through technology tools 

Innpactia, Bounce Beyond 

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla euismod condimentum felis vitae efficitur. Sed vel dictum quam, at blandit leo.

Co-creating Funding Ecosystems for Regeneration

Thriving Resilient Communities Collaboratory (TRCC), r3.0, New Stories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla euismod condimentum felis vitae efficitur. Sed vel dictum quam, at blandit leo.

Regenerative Capitalism at the Victoria Forum

The Victoria Forum, The University of Victoria Gustavson School of Business, Regenerative Capital Group

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla euismod condimentum felis vitae efficitur. Sed vel dictum quam, at blandit leo.

Case Studies on Financing Systemic Transformation

IMP+: Investing for Systems Change, Transformational Investing in Food Systems Initiative (TIFS)

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla euismod condimentum felis vitae efficitur. Sed vel dictum quam, at blandit leo.

Evaluation for Financing Systemic Transformation

FEST Community

FEST Financial Strategy 

FEST's financial strategy aims to raise investment for the field's development incrementally, rather than one large investment. It aims to do this by creating relationships among the investors and others in the FST field. 

Organizations are being approached to join the Founding Members to participate both as Founding Finance Sponsors and Members. Financing Sponsors will contribute $25,000 - $50,000 to develop FEST.  They will also be expected to participate as Members in the activities, such as on a Working Group or community learning events. A group of four to six diverse Financing Sponsors and Members will oversee the work.  

In addition to developing the FST field, the Benefits of participation are:

  1. Access to the leading FST knowledge, tools and processes;
  2. Development of relationships with leading FST players ;
  3. Greater insight into the emerging principles and practices of systemic social change and expanded capacity to identify how to play a role to most effectively contribute to the field’s development.  

A minimum of $100,000 will be required, for any activity to advance.  This reflects the need to generate modest momentum and rationalization of administrative support.

To register interest in being a founding Financial Sponsor, please email FEST Lead, Steve Waddell, at swaddell@festfield.finance



 

Logo

© Copyright. All rights reserved.

We need your consent to load the translations

We use a third-party service to translate the website content that may collect data about your activity. Please review the details and accept the service to view the translations.