Innovators in Rural Community Economic Development
Tags: Business Development, Community Economic Development, Wealth Creation
Client Name: Ford Foundation
Location: Washington DC
Resource Type: Report
Author Org: Red Mantra
Author: Red Mantra Staff
Year: 2014
The final report from the Red Mantra Group on Building Wealth Through Inclusive Business is now available. Inclusive Business is an approach to economic development in which one or more large corporations are the primary demand partners. For corporations that see it in their self-interest to engage economically marginalized people and places as consumers, distributors, suppliers and/or employees, opportunities exist to structure those engagements in ways that contribute to multiple forms of wealth that can be owned and controlled locally. This report draws on Red Mantra’s experience with inclusive business in international settings and their familiarity with Wealth Works to identify some of the similarities, differences, and complementarities between the two approaches.
