Clarity of purpose and objectives, alongside well-defined ways of delivering them. These are the golden threads running through the strategies of successful places.

The RSA has a framework for developing and implementing plans that is at the frontier of best practice.

Local Prosperity Plans provide a single, long-term, integrated strategic approach to delivering economic, social and natural prosperity for residents in an area.

At the core of our approach is a belief that economic, social and natural systems are interdependent, and should be considered together when diagnosing problems or developing solutions.

We recognise that local leaders and residents know their places best. In partnering with places, we complement local capabilities, knowledge and experience with our multidisciplinary team of researchers, designers and delivery specialists, drawing on specialist expertise and our network of over 31,000 global Fellows. And, as a charity, we undertake this work solely to support places and improve lives.

A Local Prosperity Plan partnership with the RSA can include:

• Forming a coalition consisting of leaders from public, private and third sectors, as well as residents.
• Setting a small suite of goals across economic, social and natural systems to define prosperity for the area. These goals are identified using detailed mapping of local strengths and challenges, bound together by a unique narrative.
• Developing a small number of large-scale propositions that build on local strengths and are designed explicitly to deliver a place’s prosperity goals.
• Building a blended capital stack to finance the Local Prosperity Plan, which requires convening public and private finance providers to innovate and partner.

In the UK, the government is placing a legal obligation on places to produce so-called ‘Local Growth Plans’. We stand ready to help places produce innovative, cutting-edge responses to this requirement.

Get in touch with partnerships@rsa.org.uk to discuss how we might collaborate on developing a plan for your area.