We believe local economies work better when local people have a stronger stake in how they operate.
Models of economic development which are led by or owned by the community are more responsive to local needs, build resilience and positively contribute to economic equity, nature recovery and social inclusion in a place.
What we want to achieve
We're working towards three long-term outcomes:
- An increase in community owned assets and community wealth-building models drives greater reinvestment in local economies, reducing economic inequality.
- Community-led enterprises are a proven and widely adopted model that underpin fairer local economies.
- Community-led approaches to the local economy positively contribute to nature and climate
If you are interested in applying for funding under this priority, please see our guidance for support.
