The Huon Valley can leverage the existing high social capital to address the shortfalls in manufactured and financial capital by enabling community relationships and collaborative networks. Community-based initiatives, such as cooperatives and social enterprises can be established to create jobs, support the circular economy.

Creating opportunities for community owned and governed initiatives can also foster a sense of ownership and responsibility among residents, leading to more sustainable and equitable economic growth.

Harnessing the social capital that exists, the Huon Valley can create a resilient and inclusive economy that benefits all members of the community and mitigates the risks of changing global markets.

Key Opportunities:

• Co-ops

• Community owned assets

• Crowdfunding

• Community owned trusts

• Charities/NFPs

• B-corporations

• Informal and formal networks