Community Wealth Building (CWB) is an internationally recognised approach to economic development originally developed in the United States. It has been adopted by the Scottish Government and is described as a practical approach to economic development. focused on five pillars of activity:
- Spending/Procurement
- Workforce
- Land and Property
- Plural Ownership
- Finance
Co-operative Development Scotland (CDS) on behalf of all Scotland’s enterprise agencies (Scottish Enterprise, Highlands & Islands Enterprise and South of Scotland Enterprise), contributes to the Plural Ownership pillar by supporting companies and community groups across Scotland that want to adopt an inclusive business model such as employee ownership or a co-operative.
Support available to help your organisation deliver its plural ownership strategy
CDS can support your organisation in the delivery of your plural ownership strategy by providing specialist support to companies and community groups in your area that want to adopt an inclusive business model structure. We have developed a suite of resources to introduce you to the models and the support available.
We are also delivering an CWB Engagement Programme for business and community advisors to show how inclusive business models can contribute to the 5 pillars.