Incorporate a 'Cleveland Model' in to BANES procurement and financing

The Cleveland Model brings community economic development and the purchasing power of anchor institutions like hospitals and universities together into a single coordinated strategy to build democratized wealth and cooperative business ownership. 

Though BathNES is quite different from Cleveland, the same principle could be applied to so many aspects of the region, to make resilient and self-financing businesses.

Why the contribution is important

Co-operative approaches to ownership, management and distribution of profits for businesses and community assets is fundamentally needed to create an inclusive and resilient economy.

by Benjamoss on January 08, 2021 at 10:51PM

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Comments

  • Posted by NicoletteBoater January 09, 2021 at 11:06

    The idea of local anchor organisations amplify their procuring power to achieve shared sustainable development objectives is very appealing. Where can we learn more about the ‘Cleveland Model’?
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