Published8th February 2018
Last updated10th November 2020
Summary of recommendations
- Where possible local procurement strategies should give weight to businesses that demonstrate a greater sharing of wealth and power in communities
- The procurement focus should be complemented by initiatives that empower communities to identify and meet their economic aspirations, with ‘next-generation’ Business Improvement Districts incorporating best practice in community economic development
- Community wealth building pilots should include a focus on local business succession with employee buyouts as a mainstream succession route
How co-ops can play a major role in community wealth building
This short paper makes four co‑op ‘offers’ to everyone working for a more sustainable and just future.
We make six recommendations designed to make Scotland the best place in the world to establish new co-ops and develop existing ones.