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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…

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 Rise of Cooperative Business Models: A eCulture Perspective

In recent years, there has been a notable surge in the popularity of cooperative business models worldwide. From small-scale startups to large enterprises, more and more businesses are embracing the cooperative approach, which prioritises democratic decision-making, shared ownership, and equitable distribution of profits. In this blog article, we’ll explore the rise of cooperative businesses, with a particular focus on the…

The Imperative of Social Return on Investment Measure

Like countless others, I firmly believe in the balance of negatives and positives. Despite the myriad challenges and uncertainties facing our world, it’s crucial to recognize the significant and transformative shifts taking place in society. These changes offer ample reasons for optimism and hope for humanity’s future. However, if we aspire to build a sustainable society grounded in these positive…

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