What is ‘place-based enterprise’?

An overview

Place-based enterprise, sometimes referred to as experiential enterprise, environmental enterprise, community-based enterprise or enterprise for sustainability, promotes business that is intrinsic to what is truly ‘local’ in your community. The unique history, environment, culture and economy of your town and/or region provide the catalyst for place-based enterprise initiatives.

Place-based enterprise is:

• Stimulating authentic local enterprise and character based on the unique values of your community
• The merging of ‘soft’ people processes with ‘hard’ project outcomes
• The natural synergy of place-making and town centre economics
• Governance that engages your local community, builds capacity and delivers the vision.

Key aims of place-based enterprise:

• Create quality jobs that benefit your local community
• Build long-term social, economic and cultural vibrance
• Make your community a better place for people and business.

 

View our Place-Based Enterprise white paper for further information on the mega-trends affecting place-based enterprise, local community benefits, edge-town networks and public infrastructure.

Undertake our DIY Fast-Track Audit to determine if your project is set to create place-based enterprise.