Can you help us to inspire and catalyse a better economy?

Can you help us to inspire and catalyse a better economy?

Join LWM’s board

We know our work towards localising and redistributing prosperity resonates with a lot of people. We’d love some of that resonance to draw people to get involved in governing our future – the small but crucial ‘lynchpin’ organisation in the region’s progressive economics!

After the summer we will be embarking on a fourth phase of our Localising Prosperity programme, which came from our groundbreaking research into the benefits of a localisation approach and how it can be integrated into mainstream economic development. We are now focusing on delivery of this agenda in practice. The main strands of work will be:

  • Maximising the local benefits of the new hospital development in Smethwick, including with partners through the EU-funded USEIT project
  • Enabling more of a voice for economic justice organisations into the Combined Authority agenda
  • Supporting and challenging regional and local economic agendas to go beyond ‘growth’ to ‘who benefits’.

We will also be putting some time into diversifying our activities and will be planning for this over the summer.

To help refresh and strengthen our thinking we’re looking for two new active, committed board members with commitment to our concept and values, understanding of the tactics and communication for effecting change, and relevant knowledge and contacts.

We are also very aware that the age, ethnicity and gender profile of our board does not reflect the population of the West Midlands, and we are keen to address this in order to benefit from a wider range of perspectives and ensure we do not inadvertently exclude anyone from our group. So we particularly welcome applications from women, younger people, and people from a variety of cultural, ethnic and social backgrounds.

Please read our Board member role description and browse our website for more information. If you’re interested, please email us outlining how you meet the above criteria and why you are interested in getting involved, attaching your CV. We’ll then be in touch to arrange a meeting.

Please also pass this on to contacts who could be interested!

Karen Leach

Borroclub: sharing made easy

We’ve covered the Sharing Economy concept before on our blog. People sharing – for financial gain – the goods they have, rather than using up resources to buy their own, makes a lot of economic and environmental sense. So I was happy to discover Borroclub, a good example of a sharing economy initiative, last week whilst looking for a large gazebo for my mother’s Significant Birthday picnic. Despite it being a very new venture, they even actually had a gazebo listed already – so I’m convinced this enterprise has legs….

Borrowclub writes:

Borroclub was established after Matt, the owner, realised how many things he had accumulated in his garage that were used only once or twice a year. Meanwhile people locally were repeating the same process and he saw this as a waste of money and resources.

We have 4 clear aims for this service:

  1. Connect the community – More often than not we only know our immediate neighbours either side but by using the Borroclub service people will begin to form connections with others on the same street and neighbourhood. This could lead to alliances in other areas, e.g. to undertake litter collections or other worthwhile initiatives.
  2. Environmental benefits – Borrowing and lending will encourage reuse of items and in turn prolong their working life, reducing waste and our carbon footprint.
  3. Earnings potential for the owner – The owner of an item can receive a rental fee and monetise their idle assets.
  4. Savings potential for the borrower – Access to items rather than the need to own or the advantage of a making an informed purchase decision at a later date after ‘trying before buying’.

borroclub2Borroclub forms part of sharing economy, which is a market place where people share their idle items with strangers it could be cars, houses and household items. It also forms part of the circular economy – a movement championed by Dame Ellen MacArthur.

Matt comments “We have had many borro’s but I will always remember our first borrower, it was a chap who was keen to jet wash his patio and enjoy his garden in the good weather. He came across Borroclub when searching online to purchase a jet washer as his had just broken. He contacted the lender through the site to borrow a jet washer. For just £2 a day he was able to clean his patio in two days and saved over £100!”

Since its launch on 1st Jan 2015 Borroclub has introduced new features including taking all payments online, delivery and collection of items on behalf of the lender and borrower and the facility to take a security deposit, giving lenders extra peace of mind. We will also be launching an app very soon.

The list of items are endless it may initially be tools in your garage but it could also be a tuxedo, fascinator, fancy dress costume or some cool tech that you want to try before you buy it.

Contact details

Contact:       Matt Dredger

Tel No:    07961 078029

Email:     matt@borroclub.co.uk

Facebook:  https://www.facebook.com/borroclub?ref=hl

Twitter:       @borroclub
Hope it thrives!

Karen Leach