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The Community Development Dilemma: Where are the Innovation Funds Going to Come From?
Community-led innovation has the potential to transform local economies, empower residents, and create long-term social value. Yet, as I have experienced firsthand, securing funding for these initiatives remains a significant challenge. The current funding landscape is riddled with gaps, making it incredibly difficult for entrepreneurial community projects to get off the ground. The Public Sector’s Limited Approach Despite acknowledging the
Time the UK had a New Economic Strategy
As we approach the Labour Chancellor’s first UK budget, it is concerning that little recognition is being given to the persistent shortcomings of growth-focused policies that rely on ‘trickle-down’ economics. The worsening cost-of-living crisis, rising food insecurity, and unaffordability of essentials highlight the inadequacy of these approaches for the majority. Meanwhile, sectors like supermarkets continue to report profits fuelling steady
Place Regeneration by Non-Profits Challenge of Securing Land Leases and Planning Permission
Non-profit organisations are vital in place regeneration projects aiming to revitalise and improve underused or neglected areas. These projects often bring significant social, environmental, and economic benefits to communities. However, non-profits frequently face substantial challenges accessing land leases necessary for these initiatives. A primary obstacle is the prolonged delay in local authority decision-making on land lease tenders and planning permissions.
The Need for More Philanthropic Funding for Social Enterprise Startups
Starting a new venture requires substantial investment, whether a commercial business or a non-profit social enterprise. However, the pathways to securing this investment differ significantly between these entities. In the UK, commercial companies often have access to various early-stage seed funding options, while non-profit social enterprises typically face more significant challenges in securing similar financial support. This article explores these
The Benefits of Renationalising Utilities through Cooperative and Public Consumer-Based Membership Models
The debate over the renationalisation of utilities such as water companies has gained momentum in recent years. Advocates argue that bringing these essential services back under public ownership can lead to better outcomes for consumers, the environment, and the economy. One innovative approach to renationalisation is adopting cooperative and public consumer-based membership business models. This model not only aligns the
Coin Street: A Beacon of Social Enterprise and Housing in Central London
Nestled in the heart of London, where towering skyscrapers and luxurious developments symbolise wealth and affluence, Coin Street is a remarkable example of how social housing and enterprise can thrive amidst an environment primarily driven by wealth creation. Coin Street Community Builders (CSCB) has transformed this area into a vibrant, inclusive community, demonstrating that sustainable living and social equality are
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