A NEW PARADIGM FOR LOCAL ECONOMIC DEVELOPMENT
WE ARE A NON-PROFIT DEDICATED TO COMPLEMENTING & COMPOUNDING LOCAL ECONOMIC DEVELOPMENT
WHAT WILL THE SMALL BUSINESS LANDSCAPE LOOK LIKE IN THE POST-CORONA WORLD?
Our latest article addresses the existential threat to small and medium-sized local business as a result of the coronavirus pandemic. But we see reasons for hope.
NCG has developed a systemic approach to saving many of these businesses, and offers a fundamentally new way to keep local businesses healthy and supporting vibrant, resilient communities.
Since 2008, National Commonwealth Group has been researching issues related to small businesses (SMEs) and community economic development. We have focused on capital and credit challenges, securities regulations, triple bottom line issues of social and environmental sustainability in business, and the monetary system itself.
We conclude that following the first wave of corporate consolidation & centralization and the second of globalization, a third wave is building that restores economic vitality via a model that is smaller in scale, community-centered, and prioritizes local control.
For more, visit our Research page.
SUSTAINABLE COMMUNITIES FRAMEWORK
NCG resources are currently trained on our economic development initiative, the Sustainable Communities Framework (SCF). See scf.green for complete details.
The SCF sets out a plan for revitalizing local communities through the application of a time-tested system paired with forward-looking technology.
We are working to bring the Sustainable Communities Framework to Puerto Rico and Illinois, where our initiative is designed to harness innovative developments in alternative finance and entrepreneurship development — helping inspire healthy, resilient and prosperous communities.
In partnership with Middlesex University (London) Centre for Enterprise and Economic Development Research (CEEDR), we will research project implementation and develop best practices for growth- and crisis-communities worldwide. We will be implementing the program in partnership with the Global Institute for Sustainable Prosperity. GISP will also measure program outcomes.
Harnessing entrepreneurial inspiration, initiative and commitment is vital to remaining competitive in a global marketplace. A key component of any resilient community, much less ones facing “brain drain”, is the ability to identify and cultivate inherent talents found locally toward job creation and industry diversification. But keeping talent local is only half the battle where the youth are no longer motivated by simply “filling jobs”—if they’re not entrepreneurially inclined, they’re increasingly demanding meaningful employment. A partnership with COventures lends access to technologies and strategies found primarily in high tech and high finance hubs, providing NCG the ability to help prepare anyone for the rigors of entrepreneurship. Concurrently, companies use the COventures platform to challenge and recruit ideal employees, helping avoid costly mis-hires.
MONEY. IT'S NOT WHAT WE THINK
Our financial system is so pervasive that we accept it without question as natural and immutable. But it is actually a deliberate construct designed by its current beneficiaries to favor themselves. And it can be changed.
As more of the world’s wealth is transferred from the people to an elite few, as money is extracted from communities, as small businesses struggle to get the funding vital to survival and growth, it is time to change the construct.
History shows that abundance for all occurs under very specific conditions. We have developed a system that can replicate the conditions that produce individual and community wellbeing.
People today work for money.
We think money should work for people!
We welcome individuals, businesses and institutions interested in moving the current monetary system toward greater fairness and abundance for all.