FOCUS AREA 4: LOCAL ECONOMIC DEVELOPMENT

CTC College’s Local Economic Development support services are driven by the following
fundamental principles of Sustainable Local Economic Development:

  1. Capacity Building and Training – tackling social exclusion and ensuring that people are
    able to make the most of available opportunities.
  2. Community enterprise – supporting institutions that promote sustainable community
    regeneration and encouragement for social entrepreneurs, community businesses and
    cooperatives.
  3. Access to Credit and Capital – providing access to, control of low cost credit and
    fostering capital for individuals, businesses and community enterprises.
  4. Local Business Development – a supportive framework to assist the creation of new
    businesses, support existing businesses and help local firms to grow and prosper.
  5. Inward Investment – promoting proposals that have a positive impact on local
    community,businesses and the environment.

 

  1. Responsible Business Practice – promoting responsible business practice in terms of
    good environmental management, valuing employees and developing links with local
    communities.
  2. Access to and Distribution of Work – improving public transport provision as well as
    mechanisms like local labour schemes which match employers’ needs with local skills and
    meet community needs.
  3. Trading locally – Supply chains between local firms can benefit businesses and the
    environment by making the most of local resources to create jobs and reduce ‘leakage’
    of skills and wealth from an area.