On 12th December, we’re running an event in Swansea that we hope will open new possibilities for our regional economy.  The Art of the Possible is bringing the right people together to create a shared sense of purpose around keeping more regional spending… IN THE REGION!  Not just WHY this is important from a community wealth building perspective, but also HOW it can be achieved – within the existing statutory framework and procurement laws.

We’re asking, How can we ensure anchor institutions are spending their money WITHIN the region, with all the amazing businesses and suppliers we have in South West Wales?  How are we making sure regional businesses can grow and prosper, rather than letting contracts slip away to major national and multi-national firms with no long term interest in our communities?

Our amazing speakers include Neil McInroy from the CLES – Centre for Local Economic Strategies, talking about the Preston Model and its application here in South West Wales; and Dr Eurgain Powell, Change Maker at the office of the Future Generations Commissioner for Wales, talking about how the seven well-being goals could and should shape procurement decisions.  Plus, we’ll be asking leading procurement barrister Professor Rudi Klein to share his recommendations and insights around procurement law and what’s possible within the existing guidelines.

This is an open event run by 4theRegion in partnership with EFT Consult, for anyone with an interest in regional procurement, community wealth building, supply chain, and the Foundational Economy.  Dawn Lyle (4theRegion) and Dave Kieft (EFT) are both determined advocates for more In-Region Procurement, more opportunities for local firms, and a greater implementation of the values and goals of the Well-Being of Future Generations Act. They will introduce and host this event, which will include roundtable discussions and plenty of opportunity for you to have your say and share your views and ideas.

We are particularly keen to welcome procurement teams from the region’s major anchor institutions, including Swansea University, University of Wales Trinity Saint David, Pobl Group, Coastal Housing Group, the PSBs and the four local authorities.

Please spread the word to your contacts and colleagues.  Here’s the link to register your place:


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