Community supported enterprise – how might that work?

Categories: How To
Published on: September 5, 2014

REconomy Project / 15 August 2014

One of the REconomy Project’s aims is to find new ways that communities can provide support and investment to local enterprises, who in turn offer benefits back to the community – not just in terms of jobs – but also strengthened local resilience, minimal environmental impacts and fairer ways of trading and profit-sharing. Jay Tompt explains how Transition Towns Totnes and Brixton will be exploring this area over the next 3 years.

One of the REconomy Project’s work strands is called Community Enterprise Support and Investment (CESI). CESI includes the participation of the Transition Town Totnes’ REconomy Project in Devon and Transition Town Brixton’s Lambeth REconomy Project in London.

The overall goal of the CESI activity is to support innovation in community-led models for nurturing new social and sustainable enterprises, aka Transition-oriented enterprises. The initiatives in both locations will aim to meet this goal by selecting and supporting at least 10 new enterprises in innovative, community-centric ways over the next 2-3 years.

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