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Explain the term 'Community Development' - Leaving Cert Business - Question C - 2011
Question C
Explain the term 'Community Development'. Evaluate the services provided by 'County and City Enterprise Boards' (CEBs).
Worked Solution & Example Answer:Explain the term 'Community Development' - Leaving Cert Business - Question C - 2011
Step 1
Explain the term 'Community Development'.
Answer
Community Development refers to the process aimed at enhancing the social and economic well-being of local areas and communities. It involves engaging local citizens and residents to identify and address their needs and aspirations, striving towards fulfilling communal goals through a spirit of enterprise and self-help.
The practice is inherently locally based, led by community organizations or teams that create a community development plan, usually funded through state agencies. By focusing on self-help and active participation, Community Development empowers individuals to take charge of their community's sustainable growth and development. Instead of relying solely on external agencies for support, it encourages a grassroots approach where community members are central to the development process.
Step 2
Evaluate the services provided by 'County and City Enterprise Boards' (CEBs).
Answer
County and City Enterprise Boards (CEBs) provide various services to foster local businesses and enhance economic growth. Two primary services offered include:
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Business Support: CEBs offer advisory and mentoring programs, which provide one-on-one guidance, business skill development workshops, and initiatives aimed at empowering specific groups such as women in business or students. These programs are crucial in equipping entrepreneurs with the necessary skills and knowledge to succeed.
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Financial Supports: CEBs offer feasibility and innovation grants up to €20,000 to help entrepreneurs with projects that could support their business plans. They also provide funding for expansion, covering at least 50% of the costs related to grants or business expansion projects, with amounts available to entrepreneurs that can reach up to €50,000. This financial support is critical in helping local businesses sustain and grow their operations.
In summary, CEBs play a pivotal role in supplying the necessary guidance and financial backing to local entrepreneurs, promoting business sustainability and community economic development.