Our work on local wealth building started to grow significantly in 2012, as we began to look at the range of Anchor Institutions with a stake in place. Our work seeks to explore the role of anchors through their procurement spend, employment, assets, and democratic responsibilities and activities. This experience and understanding was bolstered by connections made with the Democracy Collaborative (TDC), based in the US, and a visit to there. TDC are now firm friends and collaborators of CLES and remain an inspiration for our work.
Of significance in this is the work in Preston. Where a confluence of actors and a political drive gained significant momentum and wider policy and media interest.
Example – The Preston Model