Preston Co-operative Entrepreneurial Ecosystem
A vision based around four challenges: Inter-cooperation, Shared Leadership, Social Value Businesses, Co-operative culture, values and principles.
Collaborate and work together between different stakeholders to get a common goal, with the premise that all the members gain or obtain some kind of benefit from this cooperation.
Social Value Business Approach
Foster the creation of competitive companies, with a robust business model, but that at the same time, comply with cooperative principles and values and have a positive impact on (i) employment, (ii) the improvement of living standards in minorities or communities, and (iii) the application of more democratic models of shared-ownership.
Since 2012/13, Preston has been developing a system of democratic participation, local wealth creation/retention and co-operative Development, known as the Preston Model.
The Preston Model grows from strength to strength, and its ever increasing complexity requires close attention to strategic planning and action.
The Project Committee for the Preston Model is committed to strengthening what we have and moving towards the imaginative creation of what remains to be done. A network of co-operatives, a Co-operative Education Centre and a Bank are some of the projects in the pipeline.