With three weeks to go until the third annual Community Business Weekend (#CBwkd18) on 4 – 7 May, organisers Power to Change are calling for community businesses across Yorkshire & the Humber to get involved.
In Yorkshire & the Humber there are community businesses ranging from community-owned pubs, post-offices, farms and shops to community-run transport, leisure and community centres, all of which are reinvesting in the local area to help benefit local people.
Community Business Weekend offers a unique opportunity for community businesses in Yorkshire and the Humber to open their doors and for local people to visit and see how they can get involved – and help shine a light on the 7,000 community businesses across England.
Peter Jenkins, Interim Chief Executive at Power to Change, explains: “Community businesses are a great example of local people taking power into their own hands. Every day tens of thousands of people get up and go to work at one of the 7,000 community businesses in England. Hundreds of thousands of us shop, visit or benefit from them directly, but they are still relatively unknown.
“That’s why Community Business Weekend is so important. It shines a light on these community-run gems that bring not only much needed services and spaces to a community but boost local economies and reinvest the profits for the benefit of local people.
“Top-down regeneration and devolution has failed to transform many disadvantaged areas, but communities, best placed to know what their neighbourhoods need and what works, usually thrive when they’re given the power to tackle these issues themselves.”
Recent reports[] have shown that there are around 7,000 community businesses in England, with a combined market income of £1.2bn. Community businesses in England also employ 35,500 paid staff and 119,500 volunteers. This growing sector has considerable potential to enhance local economies across England and could be the model for the future of the national economy. Indeed, community shops have an impressive five-year survival rate of over 95% compared to around 50% for small businesses generally. And two-thirds of community businesses reported feeling confident about their financial prospects for 2018; a rise of 16% on the previous year. This contrasts dramatically with the Federation of Small Businesses figures, which showed a drop in confidence in that sector.
A free resource and planning pack for community businesses keen to benefit from the Weekend has been produced. Community businesses can request a copy here.
For more information on Community Business Weekend, please visit www.communitybusinessweekend.org
Notes to editors
For more information contact Victoria Dickson on 07879 815308 / Victoria.email@example.com
About Community Business Weekend
Community Business Weekend celebrates the 7000 community businesses in local hands across England. In 2017, 200 community businesses opened their doors and used the long weekend to demonstrate the positive impact they have on society and tell their stories of success. For more information on Community Business Weekend, please visit www.communitybusinessweekend.org
About Power to Change
Power to Change is an independent trust, whose funding is used to strengthen community businesses across England. At a time when many parts of the UK face cuts, neglect and social problems, we are helping local people come together to take control, and make sure their local areas survive and stay vibrant. Follow Power to Change on Twitter at @peoplesbiz and visit www.powertochange.org.uk for the latest community business news.