Crowdfunding isn’t the only way to get projects off the ground. There are other ways to encourage investment. With government grants disappearing and banks more reluctant to fund small businesses, local communities are seeking new ways to find investment.
Our historic and contemporary work around anchor institutions has led to a realisation that in times of economic uncertainty and austerity there is a host of unrealised potential within anchor institutions in places all across the UK which needs to be harnessed further. In this CLES 10 we therefore outline ten key steps to realising this potential.
This publication details the learning derived from a trip to the United States in Summer 2015 and is linked to CLES’ wider thinking about local economic development.
CLES deputy chief executive Matthew Jackson is to visit cutting-edge projects in the United States as part of work to develop a more socially progressive model for local economic development in the UK.
New Start, the Centre for Local Economic Strategies (CLES), and the New Economics Foundation (NEF) have been awarded funding from the Friends Provident Foundation to map the local economic alternative in the UK.