[Webinar Recording]: Exploring a Wealth Creation Approach in Nuclear Host Communities

Posted on: June 8th, 2021 by Brett Schwartz

All nuclear host communities will eventually face a crossroads in determining what kind of place they will be following the closure of the plant. Whether closure is imminent or not anticipated for many years, it is never too early to start planning for the post-nuclear future of your community and a wealth creation strategy is a valuable approach to support economic diversification and resilience. This webinar introduced the fundamentals of wealth creation, including its core principles, the multiple forms of community capital, and how to build value chains – with a real focus on tapping into existing assets and thinking regionally about economic development.

  • Presenter:  Melissa Levy, Principal and Owner, Community Roots, LLC (Hinesburg, VT) (http://www NULL.community-roots NULL.com/about-1)
  • Moderator: Brett Schwartz, Associate Director, NADO Research Foundation (Washington, DC) (http://www NULL.nado NULL.org)

Click here to download the presentation slides (PDF)

Additional resources to explore:

  • WealthWorks Website (https://www NULL.wealthworks NULL.org/)
  • 8 Forms of Wealth/Capital (https://www NULL.wealthworks NULL.org/basics/explore-regional-wealth-building/wealth-eight-capitals)
  • Spider Diagram for Capitals
  • Building Value Chains (https://www NULL.wealthworks NULL.org/basics/construct-wealthworks-value-chain)
  • WealthWorks Hubs (technical assistance providers) (https://www NULL.wealthworks NULL.org/connect/hubs)
  • NADO Research Foundation Rural Economic Development Case Studies
  • Region Five Development Commission (MN) & WealthWorks (https://www NULL.regionfive NULL.org/wealthworks)

If your region is home to a nuclear power plant, you are eligible to receive free technical assistance through the Nuclear Closure Communities Technical Assistance Program (https://smartgrowthamerica NULL.org/diving-into-our-new-assistance-program-for-communities-facing-the-challenge-of-nuclear-plant-closure/) funded by the U.S. Economic Development Administration (http://www NULL.eda NULL.gov/) and staffed by Smart Growth America (https://smartgrowthamerica NULL.org/), the Nuclear Decommissioning Collaborative (https://decommissioningcollaborative NULL.org/), the NADO Research Foundation (http://www NULL.nado NULL.org/), and the Center for Creative Land Recycling (https://www NULL.cclr NULL.org/).

No matter where the power plant is in its lifecycle, the program team can provide support with a host of planning, evaluation, and implementation strategies.  Click here (https://smartgrowthamerica NULL.org/diving-into-our-new-assistance-program-for-communities-facing-the-challenge-of-nuclear-plant-closure/) to learn more about the program and here for a description of services available from the project team.

This effort utilizes Federal funds under award ED20HDQ3030068 from the U.S. Economic Development Administration (EDA), U.S. Department of Commerce (http://www NULL.eda NULL.gov/). The statements, findings, conclusions, and recommendations are those of the project team and do not necessarily reflect the views of EDA or the U.S. Department of Commerce.

(https://smartgrowthamerica NULL.org/diving-into-our-new-assistance-program-for-communities-facing-the-challenge-of-nuclear-plant-closure/)

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