Community Wealth Building - Sponsor's Voice
Community Wealth Building - Sponsor's Voice
Community Wealth Building is a people-centred approach to local economic development. It reorganises local economies to be fairer and aims to reduce wealth flowing out of our communities, towns and cities by helping local investments and assets to generate more and better jobs for local residents and businesses.
Clackmannanshire is the first of five areas in Scotland where the Scottish Government is supporting the delivery of Community Wealth Building Action Plans.
Our Sponsor for the Be the Future Transformation Programme, Council Leader Ellen Forson, leads on the Community Wealth Building work.
"We are more determined than ever to deliver a fairer future for Clackmannanshire".
In fact, as Chair of Clackmannanshire Alliance, Ellen is working closely with partners to lead a review of Clackmannanshire's Local Outcomes Improvement Plan (LOIP). The aim is to produce a Wellbeing LOIP that puts Community Wealth Building at the heart of our community engagement.
This month we hear more from two people that Ellen works closely with on Community Wealth Building, Paul Morris, the Economic Development and Strategy Officer at Clackmannanshire Council, and Anthea Coulter, Director of Alloa Hub. You can watch and listen to the podcast below.
An example of Community Wealth Building in action is the Alloa Hub project. The Alloa Hub is a first for Clackmannanshire as it is operated by a newly-established Community Benefit Society. This means that the community runs the facility and invests its own money into its operation through community shares. Alloa Hub will be run by the community, for the community.
Clackmannanshire Council worked closely with Alloa First and CTSI on delivering this new and exciting development that was officially opened in December 2022.
Alloa Hub benefits not just residents and businesses in the town but the whole of Clackmannanshire. It offers a range of services including an active travel hub, a flexible space for hiring out to local groups, a local tourist information point, as well as a shop selling locally-made goods.
On display is the new five-panel Clackmannanshire Tapestries designed by Andrew Crummy, who is the designer behind the Great Tapestry of Scotland, and was stitched by volunteers around Clackmannanshire. The venue also includes a disabled toilet and shower for cyclists.
For more information and how you can get involved to be part of this exciting economic revival development for Clackmannanshire please go to https://alloafirst.co.uk/alloahub/