Community Wealth Building

Community Wealth Building

Continuing on from last week's article on the well-being economy, we wanted to take a look at another aspect of Scotland's economic policy, Community Wealth Building (CWB). CWB is part of The?National Strategy for Economic Transformation?which outlines Scotland's?vision to create a well-being economy: 'a?society that is thriving across economic, social and environmental dimensions, and that delivers prosperity for all of Scotland's people and places'

In January of this year, the Scottish government launched a consultation?on plans for new?Community Wealth Building (CWB)?legislation?– the first of its kind?– the consultation aimed to gather feedback on proposals?to:

  • Place a legal duty on public bodies such as health authorities and local councils to use the economic levers they have – for example in sourcing goods and services – to support the transformation of local and regional economies
  • Promote cooperative, social enterprise and employee-owned businesses to ensure that more wealth is generated locally and stays local
  • Create fair work opportunities for local people and those who face barriers to employment
  • Ensure land and property are used for the benefit of local communities, businesses and the environment

On the day of the consultation launch,?Community Wealth Minister Tom Arthur stated that a?Community Wealth Building Bill would;?'...achieve more rapid benefits for communities, helping both people to earn incomes from fair work and more locally-owned businesses to bid for public sector contracts. Money spent locally is more likely to stay in the local economy and support local jobs.'.?CWB?recognises that one model will not fit every community and it is vital that communities, public services and businesses come together in brainstorming and building their local economic and CWB solutions.?

The five pillars of CWB are at the heart of the Third Sector, so this move towards greater legislation seems like a positive move in the right direction for Scotland. For the consultation to encompass the voices of all communities, it's essential that as many people as possible respond to the consultation.?

Please go to the Scottish Government's consultation hub,?Citizen Space?or access it online at?Scot Gov-Citizen Space-CWB?to give your thoughts and help shape this important policy.?You can save and return to your responses, but final responses must be submitted by 25 April 2023.

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Scotlands Roadmap for delivering economic prosperity

Upcoming Training & Events?

Start-Up Webinar: Building a Cashflow

06 Apr 11:00 am - 12:00 pm

Reduce the fear of cash flow! This introductory webinar will help to clarify how to build your own cash flow when you might not be aware of all the figures you need and outline why a cash flow forecast is essential in any growing social enterprise.

?SCVO policy network: Meet the UK Government's Scotland Office & Minister John Lamont MP

09:30-11:00, 20 April 2023

Join this roundtable discussion with Minister John Lamont MP, Parliamentary Under Secretary of State for Scotland, and the wider Scotland Office team, to find out more about what the Scotland Office does and how their work impacts the voluntary sector in Scotland.

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New Funding Opportunities

Climate Fringe Festival Grants

Microgrants for climate, community & justice events in June 2023.

Opened: 14 Mar 2023

Next deadline: 9 Apr 2023

The ALLIANCE - Self Management Fund

This Scottish Government-funded programme will support people living with long term conditions, people living with disabilities and unpaid carers to self manage.

Opened: 20 Mar 2023

Next deadline: 22 May 2023

FCC Scottish Action Fund

The FCC Scottish Action Fund offers funding to projects through the Scottish Landfill Communities Fund. The objectives are to fund environmentally-friendly projects which meet a proven community need, offer value for money and are sustainable.

Opened: 22 Mar 2023

Next deadline: 7 Jun 2023

?The Big Give - The Women & Girls Match Fund

The Women & Girls Match Fund is a match funding campaign for charities that are working to improve the lives of vulnerable, disadvantaged or underrepresented women and girls in England and Scotland.

Opened: 27 Mar 2023

Next deadline: 23 Jun 2023

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Tom Arthur has today extended the deadline to May 9th 2023

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