Business and Livelihoods
Over the last year TTT, in partnership with others in the town, has been leading on taking an asset based economic development approach to the town, looking at the resources and strengths we currently have and can build upon. To date:
- We have established an Economic Strategy Group for the town which was mandated by Totnes Town Council in January 2012. The aim of this group is to undertake proactive strategic economic planning, to co-ordinate economic activity at a strategic level and liaise with other groups on an enhanced, multi faceted Neighbourhood Plan. Membership of the group includes the Town Council, TTT, Totnes Chamber of Trade, Totnes Development Trust, South Devon College (as the provider of tertiary education for the people of Totnes) and KEVICC.
- We are undertaking mapping work is to build a picture of the makeup of the existing local economy, including business size and type, identifying current local spend and the potential market for existing and new businesses.
- We are actively seeking funding for a business incubator which has had a promising start. This will be a physical space which provides work space and end to end tailored business support, from conception to investment readiness for new businesses. Our goal is to make this space the spark that brings people together to inspire and cross fertilise innovation to regenerate the local economy. Users of the hub will be able to access high quality and innovative training and advice through a wide range of add on services offered in the form of a menu of support.
- We are working on the ATMOS Project, a community campaign and development companyy working to bring the derelict Dairy Crest milk processing plant back to life to provide the heart of this new economy, providing start up units, a school for food entrepreneurs and live/work space
We meet every two months at the New Walk Brasserie, please keep an eye on the TTT events calendar to see when we are meeting next.
Transition Town Totnes