Economies for Healthier Lives < Go back
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What they aim to achieve
To help to improve health and reduce health inequalities, through communities creating their own wealth and health.
To enable the development of a theory of change and metrics, and gather robust evidence through real-time evaluation. To use learning to inform co-production with local people, as well as the development and implementation of Salford’s inclusive and green economy strategy.
To enable economic development and public health professionals to deepen their working partnerships and mutual understanding for wider economic and health benefits.
What they do
Identify realistic economic opportunities in the local public and private sectors, which will be prioritised by local people. Work with local people to co-produce supply responses and mutually / socially-owned enterprises to meet future demand in chosen priority areas, with tailored business support.
Establish initial trading arrangements, including potential new ownership of local assets for community benefit, and consideration of community share arrangements.
Enable local people to create and collectively own their own economic solutions, while offering customers new, viable local suppliers. This will not only keep more money and wealth in the local economy, but afford local people more control over and hope for their futures.
Explore ‘grassroots wealth building’, learning how to develop and equip local people so that they can thrive, and how to create with them pathways into the social economy. This will mirror ‘community wealth building/’ by anchor institutions.
Where they operate
Salford
Who is eligible
All adults resident in Salford.
Who to Contact
Who invests in them
Funded by the Health Foundation.