“Governments-Citizens Partnership To Win The Game For Development Depends To A Great Extent On The Backing Of International And Regional Development Organizations, The Society (including corporations and individuals), And The Financial Institutions"
People . Place . Profit
"Berkshire Development Organization is building its operating business model on the three pillars of sustainability for balanced growth of the society and the people, the cities and the communities, and stabilized profitability of operations"
The B-Lab defined Public Benefit Corporations as “A new legal tool to create a solid foundation for long term mission alignment and value creation. It protects mission through capital raises and leadership changes, creates more flexibility when evaluating potential sale and liquidity options, and prepares businesses to lead a mission-driven life post-IPO.” Berkshire Development Organization is authorized to issue shares of equity. While the organization is not issuing any shares at the moment, it would determine the amounts needed to be issued all at once or over a number of phases based on projects needs. Stock valuation exercises could be performed utilizing any valuation model whether on net present value or future value basis as board of directors may elect. Berkshire development Organization depends on two budget sources that are categorized as type one, being corporate members elective contributions of portions of their Corporate Social Responsibility and Philanthropy budget (in kind or in funds), and type two, funds accumulated as a result of exchanging smart contracts tokens or utility tokens for donated cryptocurrency or fiat currency. Additional budget sources and projects operation seed funding is allowed by law to come from non-conventional sources as donors, sponsors or development organizations and similar entities. Revenues from Public Private Partnership projects operations represented by payments to Berkshire Development Organization in return of handling Public Private Partnership projects (any phase) are to be reflected on the organization’s books as revenues and would be used to effect payments to member corporations or third party, if any, performing the field operations of project implementation. In case Berkshire Development Organization retains any or part of the revenues, operating and financial costs in addition to relevant financial expenses will be deducted and net profits retained for distribution or earnings retention as per shareholders’ assembly/board resolutions, if any. Upon issuing shares, the organization will utilize placed funds to engage in development operations while future initial public offering (IPO) are being studied to take place on potential stock exchanges being the National Association of Securities Dealers Automated Quotations (NASDAQ) and Luxembourg Green Exchange (LGX). Berkshire Development Organization operations are well aligned with certain leading international development organizations, the fact that nominates strong cooperation in terms of both technical and financial exchange. Berkshire Development Organization has the capacities to apply latest Building Information Modeling Technologies and field management to implement municipal and public benefit projects with significant cost savings and time schedule effectiveness.