Posts about Business

Welsh Government’s Economic Contract launched

In December, Welsh Government’s Economic Action Plan set out plans to launch a new Economic Contract.  The contract requires businesses seeking Welsh Government support to commit to the principles of growth, fair work, reducing carbon footprints, health, skills and learning in the workplace.  The Economic Contract went live on Monday. We broadly welcome the Economic […]

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Exit with pride, profit with purpose – Have you sorted out your business succession plan yet?

Written by David Madge, Social Business Wales – Find out more about succession options at our seminar on May 24th 2018 Nearly 75% of welsh business owners haven’t planned for the future transfer of their business. Many business owners in Wales see the growth and nurture of their businesses as a long-term commitment and devote […]

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How to work in partnership in a housing co-operative

From Vicky Watts – Old Oak Housing Co-op – Carmarthen My experience was that we were going to build a co-operative scheme and had to find the interested members through recruitment. Our development (construction) process began some time before we recruited the members; Welsh Government had offered funding, Carmarthenshire Council took it on, earmarked a site, […]

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Economic Action Plan

  In December, Welsh Government launched their ‘Prosperity for All: Economic Action Plan’. . It sets out Welsh Government’s plans to increase wealth and well-being through inclusive economic growth. The main points are summarised in our blog. We’re running a consultation on the Action Plan during our workshops for social businesses in February in  in […]

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Call for evidence: Tell us your locally owned community energy story

  Last year, Welsh Government’s Cabinet Secretary for Environment and Rural Affairs announced new targets for energy generation in Wales. Targets include Wales generating 70 per cent of its electricity consumption from renewable energy by 2030 with renewable energy projects having at least an element of local ownership by 2020. Welsh Government is now gathering […]

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Goodbye 2017, hello 2018

2017 was a busy, productive year at the Wales Co-operative Centre. We took the opportunity to review our strategy in light of Brexit and other changes to the policy and funding environment in which we work. As a result our purpose is now broader. We retain our leading position as Wales’s social business development agency […]

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What does the Welsh Government’s economic action plan mean for social businesses?

  Following the launch of ‘Prosperity for All: the national strategy’, Welsh Government has published its new economic action plan. It sets out Welsh Government’s plans to increase wealth and well-being through inclusive economic growth. The main points are summarised below. Welsh Government has started a period of engagement on the plan and we’d love […]

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Mastering Corporate Governance and Engagement

From Deb Oxley, CEO, Employee Ownership Association This year I had the pleasure of chairing the UK Employee Ownership Awards, which recognise employee owned companies that have set their markets alight and delighted their customers by effectively engaging their employees via an ownership stake and culture. It’s been a privilege to hear firsthand these success […]

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Newport venue brings talk of community shares into ‘the public space’

A week before our special Twitter takeover for the Community Shares Wales project, we’re sharing a guest blog post from Gary Inight of Le Public Space – a live music and arts venue in the centre of Newport, which has recently opened with support of the project and a community share issue. If you live […]

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First Minister places co-operatives and co-operation at the heart of Welsh Government

  Speaking at the recent centenary conference of the Co-operative Party, Welsh First Minister Carwyn Jones set out how Welsh Government has supported co-operation and co-operatives to date and its plans to support the sector over the term of this Assembly. He put co-operation firmly at the centre of Welsh Government’s thinking, stating: Achieving fair […]

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