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.
CLES.
Access the community wealth building webpage
Community wealth building: a history (podcast) (2021).
CLES.
Listen to the community wealth building history podcast
What is the Preston Model? (2022).
Preston City Council.
Read the article from Preston City Council on the Preston Model
How we built community wealth in Preston: achievements and lessons (2019).
CLES and Preston City Council.
Community wealth building and The Scottish Government
Read the report from the Scottish Government on community wealth building