The Fundamentals of Place Based Capital

Place Based Capital Learning Series

The Fundamentals of Place Based Capital

Are you looking for ways to foster community-led development, unlock new sources of funding, establish community-owned enterprises, assets, services or build more equitable and resilient local economies and communities?

Start with this first session in the Place Based Capital Learning Series. This session will equip you with the basics of capital—money, assets, and resources—and how they impact local communities and economies. You’ll gain foundational knowledge on place based capital, explore how it differs from traditional systems, and preview key topics for future sessions in the Place Based Capital Learning Series. By the end, you’ll be equipped with the confidence to engage fully in the series and take meaningful action within your community or organisation.

Whether you're a community leader, business owner, council member, economic or social impact professional from a government or non-government organisation, this series will help you support your community, organisation or other communities in achieving these goals. The topics in this series can be applied to a wide range of challenges faced by communities across Australia, from housing affordability and cost-of-living pressures to small business viability and the shift to a sustainable, circular economy.

What will you learn?

In this session, you will: 

• Learn the basics of capital: Such as money, assets, and resources and how they impact local communities and economies.
• Gain a foundational understanding of place based capital: Understand how it works, how it differs from traditional systems, and why it’s essential for building resilient, equitable local economies.
• Learn the value of a local capital system: Understand the importance of creating a capital system that serves your community, local businesses, and the environment effectively.
• Explore capital ownership and control: Delve into the importance of community empowerment through ownership and control of local capital.
• Align values with action: Reflect on how capital is used in your community or organisation today, and how principles like place-based, people-centered, local ownership, local leadership, equity, inclusion, and reinvestment can guide better outcomes.
• Preview local capital functions and the other topics in the series: Take an initial look at local capital functions that can help communities to build place based capital systems, providing a roadmap for advancing place-based capital in your community.
• Build confidence for future engagement: Equip yourself to engage with place based capital solutions throughout the series, empowering you to take meaningful action in your community.

Who should participate?

This session is tailored for a broad audience and provides valuable insights that apply across different sectors:

• Community leaders and members: Empower yourself and your neighbours with a capital model that can better provide the funding, assets, enterprises and services you need.
• Community organisations: Learn how place based capital can enable you to build local capital to fund and sustain local initiatives.
• Council and government representatives: Discover how place based capital can support economic, social and sustainable development.
• Economic and community development professionals: Learn about capital strategies for creating thriving local economies and communities.
• For-purpose, philanthropic and social impact practitioners: Understand how place based capital can support inclusion, equity, sustainability, and social change.
• Developers and investors: Discover ways to co-invest and co-develop with community.
• Others: Interested in place based capital

How does it work?

• Interactive Online Sessions: This series is delivered online, allowing you to engage from anywhere across Australia. Each module offers interactive opportunities,with discussions, group work, and collaborative learning that ensure a dynamic and engaging experience. 
• Co-Learning Environment: As a participant, you’ll not only learn from the content but also from your peers. This series emphasises co-learning, where you’ll be part of a shared journey that expands the body of knowledge, strategies and solutions. Through collective insights, discussions, and shared experiences, you will help shape and build on the growing understanding and practical implementation of place based capital.
• Broad Audience Appeal: Designed to benefit anyone involved in community building, economic development, social impact, or other areas of relevance. 
• Flexible Engagement: You can participate in this session on its own or continue through the series to deepen your knowledge.

What’s included?

• Practical and interactive sessions, with plenty of opportunities to ask questions, discuss and apply what you learn.
• This session blends theoretical insights, case studies, and hands-on activities to ensure you take home actionable knowledge that can be applied in your community or organisation.
• A certificate of completion for each module to acknowledge your learning.
• Ongoing connection through the Place Based Capital Network LinkedIn group, where you can keep the conversation going, exchange insights and stay updated on future opportunities and initiatives.

Cost 

This module is priced at $250 (plus GST)

Subsidies are available upon request for those in need. Discounts are available for individuals that participated in the Place Based Capital Program 2023-24. Please contact the pbcp@ethicalfields.com to discuss subsidies and discounts.  

Register today and take the first step towards building a capital system that works for local places and people!