Quite often with many local regeneration projects much of the money allocated actually seeps out of the area of benefit as goods and services are bought in and the ongoing impact is not fully measured. This isn’t a project that needs funding but an awareness that you need to measure impact and knock on consequences to ensure as much of the spend as possible and it’s ongoing impact stays within the area of benefit. Such measures would include buying local, employing local residents, targeting benefit at deprived and under represented areas, etc. It could also include consideration of impact on the local economy, business, families, etc.
I would link this to themes such as a relationship strategy which I’ll submit separately
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