Brampton Local Economic Plan Overview Planning meeting Dec

Brampton Local Economic Plan Overview Planning meeting Dec 12 th, 2016

Outline agenda �Review existing economic plan �Implementing the plan: �Community Campus �Immediate steps: �Stakeholder engagement �Applications for support: � Technical � Grant support

Community Economic Development - Vision of the economy Living within environmental limits - Resources - Money /investment - Decision-making - Institutions Economic activity at a scale to maximise social, environmental benefits. Well-being

Indicators of a strong local economy Social Economic Self-confidence Sense of belonging Ability to effect change Local Multiplier New enterprises Mobilising underutilised resources Access to affordable credit Ownership & control over key resources Life satisfaction Equality Distinctiveness Diversity of sectors, ownership models Good jobs Environmental Reduced levels of waste Increases in renewable energy Reduced carbon footprint Improved resource efficiency

Brampton Local Economic Plan - Framework Responsible Enterprise & Business Sector Positive Local Money And Resource Flows Asset Base and Enabling Environment Interdependence Sustainable Environment Community Voice and Capacity Responsive Public & Business Sector

Responsible Enterprise & Business Sector Diverse and vibrant range of responsible businesses and enterprises responding to market demand Actions Outcomes / Indicators • Local economy: • Business support • Business hub / networks • Premises • Local supply chains • Inward investment • Improve destination and visitor economy • Activities (arts, crafts, outdoor, . . ) • Accommodation • Hospitality (food & drink) • Agriculture • Farm diversification • Local food • Environmental awareness • Range of large, medium and small enterprises • Transition : Informal Formal • Range of stable and growing subsectors • Range of income sources inc uptake of enterprise schemes • Local investment and re-investment opportunities • Range of social and private enterprise activity

Positive Local Money & Resource Flows Responsible local economic activity – money flowing in a way that delivers positive social and environmental outcomes Actions • Local government spend • Increase local spend: commissioning / location • Energy: • Fuel poverty strategy • Bulk buy energy • Develop energy as a currency • Food: • Diversify local food offer • Widen scope of Farmers Market • Refresh market day offer • Local spending strategies and plans (business, household, communities) • Develop use of Local Multiplier tool Outcomes / Indicators • Household expenditure spent locally • Business expenditure recycled locally (local multiplier) • Local government (and other scheme) budgets spent locally • Local use, and re-use of waste energy and resources • Reduced level of adverse social impact • Reduced level of adverse environmental impact

Asset Base and Enabling Environment Strong local economic asset base and supportive enabling environment Actions Outcomes / Indicators • Built environment • Map publicly owned assets suitable for transfer. Strategy for use of public buildings. • Improve access to buildings & services • Better affordable housing • Connectivity: • Better rail connectivity and public transport, car sharing, safety • Improve digital connectivity • Closing the gap: • Address gap between low/high income • Capitalise on community groups • Map and utilise natural assets • Physical assets : Good natural, transport, utilities, communication work and trading spaces • Good use of human assets : skills, knowledge, experience • Effective use of knowledge assets : business and market info; advice services • Good level and use of financial assets: investable resources; access to finance; incentive schemes

Responsive Public & Business Sector Public and business bodies working to strengthen and invest in local economy Actions • Better ability to influence public decisions • Co-production in design of local services • Cross-sector co-operation • Future plans for locally owned assets • Public spend matching that of other areas • Local businesses with positive economic, social and environmental impact • Develop mandate for local partners to deliver plan, monitor and measure progress. Outcomes / Indicators • Public sector listen to and act on community wishes • Co-production in design of local services • Co-ordination, consensus and shared vision across all sectors • Responsive strategic partnerships • Responsive businesses enabling local economic development • Public and private organisations volunteering in informal networks

Community voice and capacity Strong leadership, activism, participation, cohesion and capability of individuals and voluntary sector Actions Outcomes / Indicators • Sharing systems that have a common purpose • Recreate a fit-for-purpose local neighbourhood forum, producing results • Create resilient communities: • Develop social enterprise and voluntary sector organisations • Improve interaction between VCS and public sector • Develop community asset base • Local volunteering network and policy led by the community • Develop mandate for local partners to deliver plan, monitor and measure progress. • Increase in social enterprise / entrepreneurs • All sectors work together to resolve conflicts • Volunteering within community • Sharing of public space, access, equity, knowledge, resources, networks and funds • Continuing debate, shaping local decisions • Active young people sharing their views • Fair representation for people with disabilities

Sustainable Environment Positive social and economic change with ecological efficiency Actions Outcomes / Indicators • Domestic energy generation/saving • Carbon neutral development schemes • Water recycling solutions • Community recycling schemes • Access to ethical investment funds • Access to ethical consumer information • Increase in recycling • Reduced landfill due to business and community • Increased community resource sharing • Increased local use of renewable energy • Increased creation / restoration of green infrastructure and community access to green space • Increased uptake of sustainably sourced goods • Increased awareness of triple bottom line

Interdependance Increased understanding of economic, cultural and ecological interconnections that link communities, span the globe and impact on the future Actions • Support co-operative enterprise models • Support development of business support networks • Support community : community ethical trading activity • Community engagement in debate on global interdependence Outcomes / Indicators • Increased linkage between community and outside • Diversity of people in the community network – action focused, strategic, connectors • Access to knowledge, contacts and reciprocal networks

Implementing the Plan: - A Community Campus Aim: Collaboratively develop accessible, practical and inclusive interventions that deliver sustainable wellbeing, using the physical elements of the campus to do so Could be: Single building Collection of spaces Virtual Public Sector Private Sector CV Sector

CED 2: Priorities Interdependence: Re-engage BEP members with view to securing investments for next 12 months to: �Put in place appropriate governance �Develop business case (inc feasibility studies) �Foster relationships with stakeholders �Map real opportunities for the area Community voice and capacity: Recruit new organisations to add to Brampton and Beyond outputs Other outcome areas: Recruit other members to lead delivery of remaining outcomes

Stakeholder mapping Power / Influence Level of interest / engagement Low High H I G H L O W a) Plan how to increase level of interest / engagement b) Keep satisfied / ensure support / avoid opposition Minimal Effort Key players Capitalise on their influence and commitment Keep Informed

Stakeholder Grid : BEP Current

Stakeholder Grid for Campus

CO-OPERATIVES UK Co-operatives UK is offering technical support to groups who are considering or operating a community enterprise model to support their local economy. The technical support will focus on the key dimensions of community enterprise based on a cooperative model: business planning, community engagement, governance and finance. This support will be of interest to groups who wish to develop a CED plan that will directly support community businesses or will explore the conditions for developing community-owned enterprises. Specifically groups will have access to a ‘co-operative development practitioner’ who will be able to work with you on activities such as: 1. Governance: support with reviewing legal forms and registration for new community enterprises 2. Community engagement: support with using membership / investment of a community enterprise as an engagement tool 3. Business planning: support with exploring business models for community enterprises 4. Finance: support with researching / accessing finance that is compatible with community business e. g. community shares, social investment

The New Economics Foundation offers support on economic strategy: Maximising your own impact – supporting new community-led businesses, local businesses and local authorities to maximise their positive social, local economic and environmental impact. E. g. designing for impact, through an analysis of local spending power, impact measurement frameworks. Developing strategic opportunities – identifying the economic opportunities specific to your area, geography and economy (including specific expertise on coastal communities). Connecting strategies effectively – weaving together your CED work with other relevant plans, strategies and processes from other community led plans (such as neighbourhood or big local plans) through to mainstream plans and strategies such as city growth deals, Local Authority level strategies etc.

Responsible Finance - Financing Our Future § Providing support to people, businesses and social enterprises refused credit elsewhere § Signposting people/businesses to appropriate services provided by a responsible finance provider § Information mapping and advice on sources of finance supporting local CED activity § Support from responsible finance members, such as the Key Fund, helping communities understand utilise finance options. § General and specific advice and support via phone, email service and limited ‘on site’ consultancy § Information and advice workshops, covering all Fo. F services, including the spectrum of financing options

CLES Support Facilitators - neutral broker Strategists- progressive economic strategy Measurers- support measuring impact including social value Influencers- encouraging decision makers to make more progressive choices Assessors- understanding effectiveness of relationships between and organisations within a place

Locality can offer tailored consultancy, workshops and training (on-line and face-to-face): - Expert support, guidance and practical advice throughout the process of setting up and running a successful community enterprise/delivering an asset project. - Supporting organisations at each stage of their journey, from getting started to established. - Governance, project planning, business planning, investment readiness, stakeholder engagement and identifying sources of finance through grants, loans, community shares, community bonds and crowdfunding. - Supporting organisations to make the most of the Community Rights, Social Value Act and other government agendas. - Plus peer learning opportunities with the country’s most skilled and innovative community asset and community enterprise practitioners – getting practical know-how from the very best!