Community wealth building

Community wealth building is a people-centred approach to local economic development, which redirects wealth back into the local economy, and places control and benefits into the hands of local people. It is based on five principles established by the Centre for Local Economic Studies (CLES). It is  a long-term, collaborative process to create a heathy, inclusive, democratic and resilient economy from the bottom up.

Find out more about what community wealth building means. 

Lancaster City Council's mission is to utilise our role as an anchor institution to work with generative businesses and the community for place-based community wealth building objectives.

Through community wealth building we will deliver initiatives to support Lancaster City Council’s key priorities:

• A sustainable district
• An inclusive and prosperous local economy
• Healthy and happy communities
• A co-operative, kind and responsible council

What the council is doing

What else is happening across the district?

There are lots of business and community organisations already involved with some great projects across our district and you can read some case studies here.

If you have a project, business or idea that you would like to share with us and the wider community, please get in touch.

Lancashire County Council are currently running a Crowdfund Lancashire scheme to empower local people, organisations and businesses to improve their communities. The next round of Crowdfund Lancashire will be open to new projects between 16 November 2023 and 14 February 2024. To find out more click here.

How to get involved:

For Community Wealth Building to be effective, we need to work together for common goals to make the Lancaster district a resilient, inclusive and progressive economy that works for people, place and planet.

If you are a business of any size or sector, a Voluntary, Community, or Social Enterprise, or any other local organisation, please email business.support@lancaster.gov.uk

Find out about becoming a supplier to the council (PDF, 107KB)

 

What is Community Wealth Building