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Local Enterprise Circles

LECs OIAS2

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A blueprint for economic regeneration based on local investment

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Page 1: LECs OIAS2

Local Enterprise Circles

Page 2: LECs OIAS2

Developed World Capitalism

Page 3: LECs OIAS2

Most of the Money has Gone

Page 4: LECs OIAS2

Trust in Banks Lost

Don’t borrow from the banks asthey will foreclose when times get tough.

Page 5: LECs OIAS2

Situation Now

Page 6: LECs OIAS2

Looming Fiscal Threats

Page 7: LECs OIAS2

Environmental Threats

Page 8: LECs OIAS2

The Politicians Strategy

Kick the can down the road until an answer turns up

Page 9: LECs OIAS2

What Governments’ Can Door encourage

Page 10: LECs OIAS2

What can we do or encourage

Invest Locally in LECs

Page 11: LECs OIAS2

Why should we Invest Locally?

• Insider Knowledge– We know the people– We know the marketplace– We can help the process– We can buy from LEC

sponsored businesses– Local money flows

• Creating a virtuous circle– Delivering Growth– A Can-Do Culture– Lower environmental costs– Increased self reliance

Page 12: LECs OIAS2

How do we do it?

• Find interested partners• Agree a constitution • Form the first LEC Company• Raise the capital • Develop the solution• Market the solution• Prove the solution• Franchise the solution to others

Page 13: LECs OIAS2

Delivering