Festival of Politics: Scotland’s economy, why can’t we own more?

COMMUNITY WEALTH BUILDING

The new Community Wealth Building Act aims to give more control to local communities, redirecting wealth back to the same neighbourhoods.

At Festival of Politics event ‘Scotland’s economy, why can’t we own more?’ panellists will be examining how economic models can uplift communities and individuals.

Panellists include experts from @DemocracyCollab, @FutureEconScot, and Prosper.

Friday 28 Aug – 2:45pm

https://ow.ly/o4ZT50ZqIH8

In partnership with Social Enterprise Scotland

There is now a new Community Wealth Building Act, with the goals of placing more control in the hands of local communities and redirecting wealth back into those same neighbourhoods.

By prioritising local enterprises and the natural environment and preventing wealth extraction by big business, is it also time to re-think how the larger Scottish economy operates for everyday working people?

Rapid changes across technology and energy are taking place, from doughnut economics to foundational and well-being economies. How could new economic models uplift communities as well as individuals?

Panellists:

Neil McInroy is Global Lead for Community Wealth Building at the Democracy Collaborative, an American-based think/do tank. Neil is chair of the the Economic Development Association Scotland (EDAS). At the heart of his work is a belief in the need for deep democratic shifts in how we organise our economies and communities.

Laurie Macfarlane is a Co-Director of Future Economy Scotland and a Fellow at the UCL Institute for Innovation and Public Purpose.

Eleonora Vanello is at the helm of the Peer Works programme at Prosper, where she supports small and medium-sized enterprises across the private and third sectors to work smarter. She facilitates networking and peer-to-peer learning opportunities across Scotland. Previously, Eleonora worked at the Italian Chamber of Commerce and Industry for the UK, where she actively facilitated projects, businesses and services between Italy and Scotland.

Scottish consumers set to boost businesses that give back

Buy Social Scotland campaign launches to make it easy to find presents with a purpose

The pandemic has set the public on course to transform their shopping habits as they turn to businesses that give back. 

New research from Social Enterprise Scotland shows that 38% of Scottish residents said the experiences of lockdown have made them more likely to support social enterprises. [1]

There are over 6,000 social enterprises in Scotland generating over £3 billion in trading income and employing almost 90,000 people. Social enterprises deliver positive social or environmental change and re-invest some or all of their profits into supporting Scottish communities.

Currently a third (29%) of Scottish consumers have bought from a social enterprise in the last year, with 20% of these buying products and services from social enterprises on a regular basis.

But of those who haven’t purchased from a social enterprise this year, 46% highlighted it’s because they don’t know of any social enterprise to buy from.

To address this problem, Buy Social Scotland, a new online directory of social enterprises, has been launched. It will tap into the huge demand for gifts, goods and services with a positive impact on communities, local areas and the environment.

BuySocialScotland.com features a wide range of ethical gifts that give back, with products, experiences and vouchers ranging from arts and crafts to health and beauty, home and garden, clothing and accessories for adults and children, and sport and wellbeing. 

The directory includes 100 listings from social enterprises from all over Scotland.

These include Invisible Cities, which trains people who have experienced homelessness to become walking tour guides in their cities and Mecoco, that offers work experience opportunities for disabled people to make eco-friendly candles, diffusers and soaps.

Also featured are Grace Chocolates where women who have touched the Scottish Criminal Justice System make exquisite handmade chocolates and The Blankfaces, the UK’s first non-profit fashion label, helping the homeless in Glasgow.

Another participant in the campaign, Chris Gillan, Founder of Heroes Drinks, said: “There has never been a more important time for the public to buy local and support businesses in their community. Buying Social is a great way to do this, as profits are often used to support those most disadvantaged or in need of support in our community.” 

“Heroes Drinks was formed to support our military community by donating profits to our partner charities and using the remaining profits to support employment and work placement opportunities for veterans.”

A 2019 study by the Thomson Reuters Foundation claimed Scotland was a “rising star” when it came to supporting social enterprises, in part due to Scottish Government support for the sector.

Cabinet Secretary for Communities and Local Government Aileen Campbell said: “Scotland’s social enterprises have a positive reputation for giving back to their communities and delivering positive change while contributing to the Scottish economy. They are supported through the Government’s social enterprise action plan. 

“The Buy Social Scotland directory will help the public support their local communities by choosing to buy a present with a purpose this festive season. 

“I would encourage people to see if there is a good ethical gift option for their loved ones this year, so they can make a gift with a difference.”

Chris Martin, Chief Executive of Social Enterprise Scotland, added: “Scotland leads the way in social enterprise, but for too long many social enterprises have been a hidden secret. 

“With so many ethical shoppers looking to find great products and services while also helping to build a better, fairer society, now is the time for Scotland to Buy Social and support businesses that give back.” 

The public can find social enterprises to shop from at www.buysocialscotland.com.