business school ppt
Post on 12-Nov-2014
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• Report on trends in region – “Growing
Prosperity”,” 2012 Social Outlook Report”
• Plan focused responses to generate
solutions: poverty reduction & prevention;
CED; affordable housing; community
sustainability
Role
• Developing social infrastructure –
engines of socio-economic change
• Civil Society Leadership: Kofi Annan:
“The next great world superpower will
be civil society”
Role:
TrendsAffordability Crunch•Affordability challenges from rising housing and other costs. •Real cost of living up by 15% since 2006 in region – average real income declinedSocial Inequality is Growing •Capital Region has one of the highest rates of income inequality in BC. Environmental Crisis•Climate-change and depleted natural resources
But all is not lost!• Communities are finding new ways of
organizing, new forms of economy and new ways of working together —young people are leading this movement across the globe.
• Many of these are being led by social movements …
Community Economic Development
–CED is a solution many around the globe are creating – building a more people centred, community-based and sustainable economy. –CED is a philosophy, a set of tools
and a global movement• part of a global movement for a “social and
solidarity economy”• building on community capacity and
resilience, re-localizing our economies and for social justice and equality
CED is…• action by people locally to create economic
opportunities and better social conditions, particularly for those who are most disadvantaged.
• an approach that recognizes that economic, environmental and social challenges are interdependent, complex and ever-changing.
• …. solutions must be rooted in local knowledge and led by community members.
• promotes holistic approaches, addressing individual, community and regional levels, recognizing that these levels are interconnected.
CED is about: Rebuilding local economies and plugging the leaks, including re-investing local wealth
Local Small businesses are a force to be reckoned with in BC.
• In 2010, there were approximately 391,700 small businesses in British Columbia– this is 98% of all businesses in the province.
• Micro-businesses (those with fewer than five employees) are ~ 82% of small businesses.
• 2 million people are co-op members in BC.• Collectively, these people control more than 48
billion dollars in assets through ownership of their co-ops.
Youth entrepreneurship is a big part of this!
• Young people have unemployment rate double that of the rest of the population.
• An opportunity! People are retiring- 70% of business owners plan to retire in the next 10 yrs
• Why do young people start businesses?– 70% want to start their own business – 73% said their primary motivation is independence (rather
than money) – 68% said it is important for their business to give back to
the community
And its good for your health too!
• A thriving local businesses climate is good for your health!
• Local businesses support the rest of the economy. – Local businesses spend more on local labor, buy
more goods for resale locally and rely much more heavily on local service providers
– This means that much of the money a customer spends at a local store or restaurant is re-spent within the local economy.
CED Principles: Neechi Foods Co-Operative
1. Use of locally produced goods and services 2. Production of goods and services for local use 3. Local re-investment of profits 4. Long-term employment of local residents 5. Local skill development 6. Local decision-making 7. Focus on Public health 8. Physical environment 9. Neighbourhood stability 10. Human dignity 11. Support for other CED initiatives
International Cooperative Principles
1. Voluntary and Open Membership2. Democratic Member Control3. Members' Economic Participation4. Autonomy and Independence5. Education, Training and Information6. Cooperation among Cooperatives7. Concern for Community
Community Economic Development
“Strong communities are the true foundation of economic prosperity and security…street protests are one response to this awakening. Calls for reform of corporate legal structures are another. Less visible but even more important, is a spreading commitment to rebuild local economies and communities from the bottom up” – David Korten, The Great Turning
CED: Driving Community Investment• Community Investment Fund for the Capital
Region – Research in 2011 considered best practices across
country and internationally– In Nova Scotia & Quebec community investment
funds have been used to raise millions for community infrastructure, enterprise and affordable housing development
– In NS, captured 2% of RRSP contributions- here that would translate $8 million/year
CED: Driving Community Investment• In 2012 we have: – Presented to hundreds of local residents & partners
on the idea.– Convened a steering committee that is actively
working to develop a business plan – Considering investment opportunities for 2013 with a
goal of drafting an initial offering in the new year– Making proposals to the BC government regarding
policy tools to support a broader community investment agenda
CED: Economic Empowerment for young people
• Launch! Youth– Partnership with the Community Micro-Lending
Society– Third cohort began this September– Business Development, training, mentoring and
access to micro-credit
• What’s next: An Agenda for Economic Empowerment
SustainabilitySocio-economic | environmental
• Building Neighbourhood Resilience Project• Capital Region Food and Agriculture Roundtable • Moving towards a more integrated and coordinated
approach to service planning in the region– Child, youth and families committee and exploring place-
based models of care– Proposals for a Community-Benefit Model of
Procurement in Community Social Services.
Affordable Housing • Partnership is key to effective response• Recent report looks at policy options for local
governments in supporting affordable housing– Considers range of market and non-market housing
types for middle to low income households – Land values, policy environment, inter-municipal
collaboration and coordination are key factors– Local governments can have an impact
Community Action Plan on Poverty• Collaborative, multi-stakeholder, learning community• Most people want to do something to end poverty• Scaling up existing and creating new and innovative
responses to poverty• Endorsed by over 30 organizations & many individuals
and partners– City of Victoria, District of North Saanich, Accent
Inns and Westshore Chamber of Commerce
www.communitycouncil.cawww.ccednet-rcdec.ca
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