Principles met

  • We will promote community-based approaches to economic development that focus on supporting the creation of jobs, social enterprises and other businesses and providing an environment for co-operative and mutual enterprises to thrive.
  • We will embrace innovation in how we work with local communities to drive positive change.

Advancing a Shared Economy in Preston (ASEP) is a programme jointly funded by Preston City Council and Power to Change. ASEP aims to strengthen institutional capacity to support a more democratic and collaborative economy in Preston. In autumn 2024 Preston City Council provided ASEP funding to Preston Pedals, a community cycle project, to support its ambition to become a community cooperative for the benefit of diverse communities across the city.

Preston Pedals supports active travel to promote health and wellbeing and to reduce the climate impacts of travel by encouraging cycling for short journeys and by refurbishing bikes, saving them from landfill. More bikes and less car driving equates to better and safer environments and, according to recent research, more prosperous cities. 

For further information contact: