You have a project. This is how the money reaches it, and what it costs you.
- 20%
- of the joint venture, and the same share of its profit
- a seat
- on the board, from the first day
- the credits
- carbon credits stay with the venture, not traded away for a cheaper power bill
How the community's share is funded — carried, purchased, or earned by contribution — is being settled with counsel. We will not describe it until it is settled.
What is this company?
Trinaius Venture Capital is the part of Trinaius that handles money. The other part builds things — power, mostly, to begin with. This part finds the money that pays for them and answers for how it is used.
It is not a bank and it is not a grant. It is a company that raises money from large investors and puts it into projects, and it takes a return for doing that. We would rather say so on the first screen than have you work it out three pages in.
What we are asking of you is land, or a resource, or a project you already want. What you get back is set out on what it costs you, and the honest answer is that some of it is settled and some of it is not yet.
Why would you talk to us rather than a bank?
Because a bank will usually want the community to stand behind the loan, and we do not. The money is raised against the project — against the power it sells and the equipment that makes it — and not against your land or your band's other assets. If the project fails, what the lender can come after is the project.
That is the single most important sentence on this website, and it is explained properly on how funding works.