August 27, 2018
Growing the Greater St. Cloud Economy Ecosystem: Act Local First.
All that we do and how we do it matters. How we interact with where we live matters. Who we do business with matters. How we connect with people, other life, and the land matters. Meaning, our everyday decisions have a ripple effect. And that effect has incredible power.
According to the Business Alliance for Local Living Economies (BALLE), for every $10 million in spending at a local business, 57 jobs are created. That compares to 14 jobs created for the same amount spent through Amazon. Every dollar that is spent with a local business has a multiplier effect as it recirculates within our community - creating more quality jobs and greater stability as more of our family, friends, colleagues, employees and neighbors benefit. It defines why localism is a practice we should all subscribe to and prioritize in our procurement practices.
Localism is about building communities that are healthy, equitable and regenerative - backed by local economies that are stronger and more resilient than would be otherwise. It’s about using regional resources to meet our needs - reconnecting eaters with farmers, investors with entrepreneurs, and business owners with communities and natural places on which they depend. It recognizes that we’re all in this together, and that we are all better off, when we are all better off. If you’re curiosity is being piqued, learn more at https://bealocalist.org/why-local-matters/.
Being a “localist” and a practitioner of “localism” is in our economic self-interest. And while we have an abundance of profound examples of localism in play in the Greater St. Cloud region (think Granite Equity Partners, GSDC), our potential is so much greater.
GSDC puts localism in play through our procurement practices. Our first priority is to patronize a GSDC investor enterprise in meeting the needs of the organization. If we’re not able to sufficiently meet our needs through a GSDC investor, our next priority is to patronize local. For example, our recently produced 2019-2024 Strategic Imperatives and Priorities publication was designed, written and printed via GSDC investor companies (Blue Moon Design, Greenfield Communication and Palmer Printing).
All that we do and how we do it matters. So, please, act local first.
Patti Gartland, GSDC President