The Cooperative will provide a vehicle for the community to redirect a portion of their investment dollars to be put to work within the region of Spruce Grove, Stony Plain and Parkland County. In turn that money is invested in projects that have a measurable positive impact on our community and in turn strengthen the bonds between community and business. We strive to become the strongest economic region per capita in Canada.
Who We Are.
The Heritage and Vision ODC is comprised entirely of community members from Spruce Grove, Stony Plain and Parkland County. We are made up of mothers, fathers, business owners, employees, volunteers and everything in between. The one thing we all truly shared was the belief that a community should be developed by those who inhabit it. Just like you, we believe that this region is an amazing place to live, work and raise a family. We believe that our economy can truly thrive, if we could divert a portion of our investment dollars toward locally owned and operated businesses and projects. While we are looking to see a return on our investment dollars, what we truly want to see is our money going to work where we live. We look forward to meeting you and hearing about what projects we can help you with.
What is an Opportunity Development Cooperative?
An Opportunity Development Cooperative is a democratic, member-run organization established with the intent of pooling investors’ money to help get larger projects off the ground. The best way to think of it is as your community’s very own investment fund. Traditional investment funds may have holdings all over the globe, whereas our holdings are specific to one region - where you live. Because of our Cooperative setup, we have allowed every day investors the ability to take advantage of opportunities that would otherwise be unavailable to them, such as the Alberta Investor Tax Credit. So what does this mean for those looking for funding? It means that they will have the backing of community members who are passionate about ensuring their business is successful. Because we aren’t a large bank or government organization, we can skip the bureaucracy and red tape - we can fund your project in whatever way works best for both parties.