Recovery, Renewal, Resilience

Lessons for Resilience

Consider increased collaboration with local business associations
Topic:
Economic
Keywords:
Business regeneration and rejuvenation
Content:

In one city in Denmark, a number of meetings are being held with local businesses to support local business and economic regeneration. These include:

  • Weekly meetings with the local business association and the Mayor to explain the citys economic situation, advise on help packages for businesses, and explain business regeneration schemes
  • Additional meetings to ask local businesses what type of projects they need to have funded immediately to inform local government's funding agenda
  • Meetings to allow local businesses to bid for local regeneration projects funded by local government. These have included retrofitting schools with solar panels, renovation of local high street shops and buildings, and road works
  • Local government have committed to paying invoices to business at the beginning of projects rather than the end, to provide businesses with more liquidity

This lesson was contributed by a Chief Resilience Officer in Denmark during project data collection.

Source link(s):
  • Denmark