Pilot Project Proposal
If successful, the model can replicate across Europe’s forgotten regions, or even elsewhere in the world, proving that the regeneration of economy begins not with austerity, but with perception, participation, and joy.
If successful, the model can replicate across Europe’s forgotten regions, or even elsewhere in the world, proving that the regeneration of economy begins not with austerity, but with perception, participation, and joy.
Re-educating Capital and Re-awakening the Human Being
Modern economic life in Wallonie shows a double distortion:
The Living Economy Pilot restores circulation—of capital, competence, and consciousness—by founding three interlinked organs:
Together they form a prototype for regional renewal: an economy that learns.
| Axis | Objective | Indicator of Success |
|---|---|---|
| Economic | Create self-sustaining regional finance loops | € multiplier ≥ 1.6 within 5 years |
| Educational | Train 500 youths/adults in regenerative crafts and enterprise | 70 % employment/continuation rate |
| Cultural | Restore meaning and joy in work | 2× growth in community events, local art, apprenticeships |
| Environmental | Re-green soils and settlements | +15 % soil-carbon, new biodiversity indices |
| Spiritual-social | Re-establish trust between capital and labour | Public co-decision forums functioning quarterly |
| Source | Amount (€ M) | Role |
|---|---|---|
| Regional Government (FSE / Wallonie) | 5 | anchor investment; training subsidies |
| Private Patrons / Foundations | 3 | Beauty Commons Fund; property restoration |
| Associative Bank memberships | 1 | share capital, governance right |
| EU Social Innovation Grants | 1 | technology & metrics platform |
| Total Phase 1 (3 years) | 10 M € |
Legal entity: non-profit ASBL + cooperative bank; both under one umbrella association Living Economy Wallonie asbl.
Governance bodies:
Quarterly Trialogue Assembly integrates feedback among the three.
| Phase | Period | Key Deliverables |
|---|---|---|
| 0 – Preparation | 0–6 mo | secure site(s), legal structure, raise € 5 M seed fund |
| 1 – Launch | 6–18 mo | open Associative Bank pilot; start first Guild School cohort (50 students); 50 “sas” participants |
| 2 – Expansion | 18–36 mo | 200 apprentices; 5 partner firms converted to steward-ownership; regional commons fund operational |
| 3 – Evaluation & Replication | 36–48 mo | publish metrics; prepare Ardennes + Namur expansions; seek EU recognition as social-innovation model |
Wallonie unites natural wealth (soil, forests, heritage buildings) with social stagnation—a perfect laboratory for re-education of capital and re-awakening of will.
The pilot aligns with regional priorities: youth employment, rural revival, ecological transition, and cultural identity.
This pilot invites Wallonie to pioneer a new social contract:
If successful, the model can replicate across Europe’s forgotten regions, or even elsewhere in the world, proving that the regeneration of economy begins not with austerity, but with perception, participation, and joy.