The Local Wealth Building Centre for Excellence works to develop and accelerate the adoption of Local Wealth Building practice in the UK.
Our vision is for Local Wealth Building to become the guiding principle of local economic development. This would result in local economies where wealth is held, owned and distributed more widely. We wish to see wealth harnessed for the benefit of local people, communities and places, those that created it.
In short, our aim is to reorganise local economies so that they truly work for local people and places.
What we do
The principles of Local Wealth Building [link] are not theoretical, they are rooted in a set of practical, common sense and workable solutions. A key role for the Centre for Excellence is to inspire, support and evaluate this ongoing practice, so that the movement grows.
Our work focuses on three main areas.
1. Connecting local wealth builders
We connect people in the movement
We deepen work in different sectors by bringing people together on a sector basis
We combine the economic power of local anchor institutions to realise greater impact on the local economy