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Neil McInroy Chief Executive

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  1. Centre for Local Economic Strategies The innovation and added value of grass roots employment initiatives Future Directions 20th November 2013 Neil McInroy Chief Executive

  2. What i CLES? About CLES Leading UK member org for research into Economic development Planners, geographers, local government, environmental scientists, economists Established 1986 Independent charity Economic development but with social fairness and within limits of environment Hybrid; research, consultancy, members Publishers:

  3. Grass roots (VCS) economic contribution 900,000 groups with income of £38.3bn (2010/11) Employs 732,000 people (68% women) Controls £229bn assets

  4. The ‘unvalued’ contribution Value that volunteers place on volunteering is equivalent of £13,500 a year or £70bn Value that people place on ‘living in a society where they feel they can trust’ people is about £15,900 per year. The cost of unpaid caring about £23,600 per year, grossing to £142bn in the UK Wellbeing and civil society, Estimating the value of volunteering using subjective wellbeing data by Daniel Fujiwara, Paul Oroyemi and Ewen McKinnon (DWP 2013 )https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/221227/WP112.pdf

  5. Good economies have three interdependent economies…

  6. Reciprocity is a fundamental economic principle Exchange and wealth creation through commercial activity A good economy Equality/Redistribution through the state Solidarity/reciprocity in society

  7. Our thinking around local economic development Two routes to better employment

  8. What more can be done: Role of LEP’s? • Must have bespoke ideas which link with place and people characteristics • Get in charge of and localise skills agenda (resources) • Acknowledge volunteering and social capital inputs • Get to know and stimulate • Green innovation, Life innovation (health and well being), Local regeneration

  9. Centre for Local Economic Strategies • Email. neilmcinroy@cles.org.uk • Website. www.cles.org.uk • Magazine. • Twitter. @nmcinroy or @clestweet or @newstartmag • Phone. (0044) 161 236 7036