Alternative Camden - Ideas




What is it?
A neighbourhood bond that invests in a cooperative recruitment agency who employ local people in areas of community need.

Why is it useful?
As London boroughs struggle to satisfy demand for public services there is a wealth of existing talent that's underutilised. What if we created a neighbourhood bond where Camden residents could invest in a local recruitment agency that would train and employ local people to provide services that the community needs e.g. street and transport maintenance, emergency services etc.

These roles could be used to connect people within the community and provide much needed social capital in areas where it is lacking. We could create a new sector of community careers – carers, product and appliance repairers, public space stewards…

Who would need to be involved?
  • Camden residents
  • Camden Council
  • Local recruitment agencies
  • Local training & education services
  • Financial experts

Where do we start?
  • Map where there are people with underused skills in the Camden community and match to where there are unmet community needs.
  • Identify whether a new institution is required or whether the service could be provided by an existing organisation.
  • Convene Camden residents, Camden Council and local recruitment services to design a more desirable alternative.
  • Design and develop a proof of concept for the recruitment service and neighbourhood bond.
  • Trial a small scale pilot in Camden.

Some thoughts…
  • What’s the mechanism for assessing community need?
  • How would the service cover the bond yield?