The Real Economy Project (Bristol Pound) - Ciaran Mundy

Inclusive sustainability - because people matter

Real Economy ProjectCiaran Mundy, Bristol Pound CIC Ltd

Schumacher Institute June 14th 2014

Not for Profit scheme run in partnership between Bristol Pound CIC Ltd and Bristol Credit Union

Managed in close consultation with the membership.

Began as voluntary project, now a mix of volunteers and paid core staff.

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Key benefits. . .

1. Locking in the ‘local multiplier’ - A greater money supply supports regeneration

2. Increased inter-trade between Bristol owned businesses

3. Locally owned businesses are at the heart of strong communities

4. Resilient local/regional supply chains, less vulnerable to global shifts in energy prices

5. Focused support for high streets and economically deprived areas of the city

6. Stronger Bristol Credit Union: increased reserves, membership and profile to support ordinary people including those on low incomes.

6. Creating a well being economy - people enjoy using £B and connect more

7. An empowering story of Bristol -Millions have seen and heard about £B on TV, print, radio and online

8. Promotes a low carbon economy for GC 2015 and the future

9. Builds on pride of place and sense of ownership

10. Sometimes less is more - ‘enough already!’

. . . more key benefits

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Current system

Lots of cheap food! BUT. . .

Short term profit = long term hunger, obesity, financial and environmental exploitation, fossil fuel dependency, soil depletion. . .

A different future

Holistic approach with systemic interventions

Farmlink: Economies of scale, collective economy, bioregions,

Real economy: directly addressing health and wealth inequality

Good MoneyGood for the stomach, the soil and the soul...

local peoplelocal foodlocal enterprise

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local people

local enterprise

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We support people across the city to findlocal producers andtraders, arrange venuesand get the right permissions.

We’ll also offer help to work with Bristol Pounds and to include fun aspects such as cooking demos, tasting and music.!All Real Economy events are FREE to attend.

"#$%!&#'"(!Want to try out your delights more comercially? Why not hold

your own stall? Make a bit of money selling your home-made goods - from apple chutney and chocolates to drinks and wooden spoons.

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D%<!%D"%'&'EC%CWe source support

for new food-based businesses to help with licenses, health and safety, design and business modelling.

We can offer you access to markets associated with Real Economy and the opportunity to apply for micro-finance.

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Real Economy - A cooperative approach

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