BizFizz Background
The Civic Trust and New Economics Foundation developed BizFizz and continue to work in partnership to develop and learn from the programme.
The Civic Trust is a national charity concerned with improving the quality of life in our towns’ cities and villages. The Civic Trust’s regeneration unit was established over 17 years ago to pioneer, deliver and promote initiatives that:
Respond to local need, potential and distinctiveness. Blend economic, environmental and social measures. Are owned and endorsed by local people.
NEF (New Economics Foundation) is a radical ‘think-do’ tank. It is unique in bringing together the ideas, people, resources and influence to challenge business-as- usual and to create practical and enterprising solutions to the social, environmental and economic challenges facing the local, regional, national and global economies. BizFizz was founded in the belief that enterprise should be at the heart of any regeneration programme, because local businesses:
Are more likely to employ local people; Create wealth in the community; Provide services to improve the quality of life; Spend money locally (so circulate wealth in the community); Help people to achieve their dreams and to become skilled, confident and empowered;
Are a massive symbol of confidence in an area (one way in which we recognise a community facing economic disadvantage is by its boarded up shops and empty business premises) and
Promote community cohesion (people interact with each other in their local networks and when they use each other’s businesses).
The BizFizz philosophy is that in any community, however economically disadvantaged, there are people who have a passion (based on an idea, a skill, a hobby or an interest) they could turn into a business; all they need is a little help, someone to break down the barriers to success.
Throughout the UK a great many approaches are adopted to encourage local
entrepreneurship, including advice, counselling and mentoring, training in business skills, the provision of infrastructure such as premises, provision of grant and loan finance. Civic Trust and nef looked at some of these best enterprise support projects in the UK and abroad and drew on their own experience to come up with a new model of business support.
The result is BizFizz; not everything in BizFizz is new but the combination of elements is unique in the UK.
BizFizz advocates that support programmes should be flexible and relevant to the community and that the community should be at the heart of the decision-making
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