Powering up local communities with data insight

Centre for Local Economic Strategies (CLES), the national organisation for local economies, is working with Growth Flag for use of its innovative online data intelligence tool.

CLES will have access to Growth Flag’s place-based intelligence on business sectors, allowing them to build on their work advocating for change and enabling local economies to reach their full potential.

Leah Millthorne, Head of Local Economies at CLES, said: “At CLES we are passionate about better understanding how wealth flows within, and from, our local economies. Growth Flag insights will provide us with deeper place-based intelligence on business sectors, which will inform the community wealth building strategies and practice that aim to create more inclusive local economies.

“We are looking forward to using the platform to learn more about the nuances of sector growth and business ownership to better understand where wealth concentrates and flows.”

By utilising Growth Flag, public sector organisations can develop an understanding of local economies and subsequently support the areas within that have good growth potential

Richard Jeffery, Founder Partner of Growth Flag, said: “CLES are at the forefront of developing progressive economics, an ambition also shared by the Growth Company, one of the founders of Growth Flag.

“The team are looking forward to working with CLES to better understand what the real economy looks like at a local level. This insight will help create better policy and interventions, further enhancing the quality of lives for people and for place.”

Developed through a collaboration between social enterprise the Growth Company and data intelligence platform, Red Flag Alert, Growth Flag brings together Red Flag Alert’s background in data insights, with the Growth Company’s expertise in delivering inclusive and environmentally sustainable growth.

The first-of-its-kind online tool pulls live insight from a comprehensive dataset that can be easily analysed by the user to help identify growth potential in individual businesses across the UK. Once that potential has been identified, users can understand emerging markets, target relevant sales and marketing activity and offer tailored solutions.

Visit Growth Flag to find out more and book a live demo.