Place Based Capital 

Place Based Capital is both a model and movement aimed at creating local capital systems that are grounded in place, focused on people, and driven by local ownership, decision-making and inclusion.

It provides a way for communities to generate local funding and capital sources, take control of their financial future and make decisions over capital that directly benefit local people. It allows communities to own and manage their assets – like land, businesses, and natural resources – and use them to improve local life.

This approach shifts communities from capital dependency to empowerment.

With Place Based Capital communities have the tools they need—money, assets, and control—to solve their own challenges, whether it’s affordable housing, job creation, or building a sustainable future.

This is achieved through policies, strategies, organisations, structures and other mechanisms that help all local people, families, businesses and organisations to:

• identify and generate local funding and capital sources for community needs
• access and manage aligned funding and finance for development
• invest in projects that meet their needs like affordable housing and local businesses
• buy and manage local assets like property, renewable energy and infrastructure
• purposefully use local assets in ways that better support them
• pool money to achieve more collectively
• build financial reserves for emergencies and large-scale projects

With the support of aligned governments, developers, investors, and philanthropists, Place Based Capital helps ensure that communities keep a meaningful stake in their local economy. Together they can develop knowledge, organisations, initiatives, structures, services, and products that support the growth of Place Based Capital.