Community wealth building is an approach to economic development aimed at changing the way that economies function so that more wealth and opportunity is retained for local people. In this way, its approach is similar to practitioners working within the foundational economy, with their focus on grounded, local firms. Community wealth building has been used successfully in Preston – known as the ‘Preston Model’ and is increasingly being used by The Scottish Government.
Community wealth building webpage.
Community wealth building: a history (podcast) (2021).
What is the Preston Model? (2022).
Preston City Council.
How we built community wealth in Preston: achievements and lessons (2019).
CLES and Preston City Council.