Local Governments are well versed in managing large budgets to meet identified community needs, investing into their communities both rates derived from local ratepayers and grants funded by external grantors.
Unlocking additional capital to support local economic development can require finding private investment, or looking at opportunities for latent capital within the community.
Supporting economic development activities can include:
- Identifying new industries and attracting new businesses
- Preparation of businesses cases and investment prospectuses
- Engaging industry to invest in community assets and programs
- Community Wealth Building, plugging leaks, Buy Local campaigns.
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Advocacy Priorities Strategy
City of Armadale
The City of Armadale’s Advocacy Priorities Strategy outlines six transformative projects to elevate Armadale into a thriving Strategic Metropolitan Centre, unlocking economic growth, enhancing community wellbeing, and addressing social disadvantage through targeted investment in city centre revitalisation, health, recreation, and community infrastructure.
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Buy Local Greater Geraldton Gift Card Program
City of Greater Geraldton
The Buy Local Greater Geraldton Gift Card Program was developed to stimulate the local economy by encouraging residents to shop locally through a convenient gift card system redeemable at participating businesses. The initiative aimed to reduce economic leakage, strengthen community resilience and support local businesses during and beyond the COVID-19 pandemic.
