So here are a few points which may help:
Locally rooted – it covers an area that is well defined like a neighbourhood, such as Braunstone and a majority of the staff and volunteers who run it must be from that local area.
Trade for the benefit of the local community – the majority of the profits must be distributed locally for community benefit.
Accountable to the local community – it must have local control, with local people having a say in how it is run i.e. through membership and consultation and a majority of the management being local people.
Community impact – a community business must be able to show it is making a real difference to the community and contributes to a better sense of confidence and pride in the area.
Some examples of community businesses are:
Community Shops, Community Pubs, Community run centres and hubs, Community Cafes, Community Bakeries etc. There are lots more examples around the country.
Whilst we have been out and about over the last few months we have already spoken to hundreds of local people who have come up with plenty of ideas. 97% of residents said that they would welcome a Community Shop, 21% of residents surveyed said that they would like a Community Café and Bar, while 20% of residents said that they would use a Community Hub with young peoples activities, including dance and fitness.
We will be out and about speaking to more people over the coming months, but don’t wait for us to come to you, have your say now!