How we do things differently at Coralus... ??
We often talk about how we do things differently at Coralus. Today we’d like to share a bit about our holistic design which has us running several businesses at once.
We are a Venture fund that supports over 190 Ventures to whom we offer unlimited coaching and support with two full-time coaches, a single Venture program lead and one finance person. We have supported thousands of Ventures who have applied, who reach out, and our team is always there to deeply care for everyone we come into contact with. Supported by innovative internal systems, we have been tracking 6 bank accounts, venture repayments, flexible deferrals, and a lot of inbound requests. In the language of current systems, we do advisory services, mentoring, technical assistance, networking, and funding. In our words, we do all of this AND take care of the whole person (from support with mental health, to family crises, to support through power plays and daily overwhelm). Whatever our Ventures need, we are there to support them so they can do the work of transformation. It goes well beyond a traditional Venture program.
We are also transforming what a Venture fund is with our non-extractive approach which prioritizes impact. Our collective decision-making structure is shifting power dynamics and modeling trust-based capital allocation.
Our entire operations are dedicated to collectively stewarding those who are undertaking the risks and carrying out the labour of change;?the founders of Ventures, community members working within their institutions and communities advocating for solutions they know are necessary.
We are the stewards of capital but we also live the transformation story - every day - testing the limits, finding approaches to ensure that the system we are creating together regenerates this community and the wider world.
We are a “school” of unlearning. We offer programming for free as part of your activation. Over the course of the years this has ranged from 7 calls a week with four tracks of learning (Ventures, Finance, Mindset, Systems) during COVID, virtual Trade Missions, Annual gatherings to celebrate Venture selection, specialty programming like Rooted, Racial Justice Working Groups and dozens of special interest groups that are supported through our systems and love.
We are an events company. We are currently supporting about 80 events every quarter both online and offline with all kinds of different foci. We do these events so we can get to know one another so we can support each other’s dreams with whatever we have to offer.
We are a technology company. We use technology in a highly innovative way that enables our relationships to flourish.? We have woven together more than 20 best-in-class technology platforms - our relational infrastructure -? which is an intentional way of organizing so we can center relationships at all times. There will be a pod on this top if you are interested in learning more.
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We are on the verge of becoming a media company. We have hundreds of video recordings, podcasts and 4 channels on social media sharing stories of transformation. We are working to bring you an archive of all of this content on Notion later this year.
Our core team has been navigating this way of doing and being inside systems of funding that have been increasingly challenging. We need to find a sustainability pathway that frees us to operate in a way that serves our purpose to transform ourselves and systems.?Next week we’ll share a proposal for how we would like to proceed to get to sustainability.
As always, we look forward to your feedback and comments and questions.
P.s. We're getting ready to launch our new sliding scale for you to come and join us!
Be sure that you have signed up to our list through the form at the bottom of our website. You'll be the first to get the link with our new pricing and a special opportunity to receive welcome bonuses gifted in by our community for joining over the next month!
Digital Pioneer, Retail Executive, Advisor, Speaker
7 个月Love being part of something so inspiring!