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Our Resilient Financial System – BenComs and Community Shares – June 25
June 25, 2020 @ 7:00 pm - 8:30 pm
What if we owned our High Street? What if our community owned the rental housing in our community and operated it fairly for the benefit of the community? How might we raise the finance for democratising and relocalising the ownership of our local economy? The answers to the these questions will lead us to strengthen and ‘shock proof’ our local and regional economies to ensure we have secure livelihoods, fair and accessible housing, and living High Street. There’s lots of potential for positive change, but one of the essential elements to a stable and resilient local economy is a stable and resilient local financial system.
Please join us for this third in a series of four online talks led by local experts and financial innovators. These talks are open to anyone, but they will be of particular interest to local councillors and officers, local business leaders and progressive entrepreneurs, as well as social innovators and community organisers.
Community Beneficial Societies is the model. Offering community shares is one of the methods to raise the funds and increase citizen participation. This can be used to develop affordable and energy-efficient housing, acquire land for farming and buildings for social enterprise and community space, and to start up and/or expand socially and environmentally useful enterprises.
Join Andrew Shadrake, Local Spark associate and CoopsUK consultant, will lead this session on how new cooperative models and build local economic resilience. He’s the architect of several BenComs – renewable energy, community buildings, and cooperatives. He’ll share his expertise and insights into how this model and can help transform the Torbay and Devon economy and build the resilience of our financial system.
Click here to register: https://us02web.zoom.us/meeting/register/tZYtf-msrz4sE9zkDVPD6jCvjC6LjPv4FzFl
Future talks in this series:
July 2nd – Banking for Resilience – Tony Greenham, co-founder of the South West Mutual, a customer-owned regional bank, will explain how regional banks focused on serving the needs of local and regional SMEs provides a critical layer of stability – and credit in times of financial difficulty.