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An anchor institution is an organisation that, alongside its main function, plays a significant and recognised role in a locality, by making a strategic contribution to the local economy.
Anchor institutions are large organisations that are unlikely to relocate and have a significant stake in their local area. They have sizeable assets that can be used to support their local community’s health and wellbeing and tackle health inequalities, for example, through procurement, training, employment, professional development, and buildings and land use.
The term ‘anchor institutions’ is used to refer to organisations which have an important presence in a place, usually through a combination of: being large-scale employers, large purchasers of goods and services in the locality, controlling large areas of land and/or having relatively fixed assets.
The Colte Partnership as an Anchor Institution
The Colte Partnership is extremely privileged to have been acknowledged as an Essex Anchor Institution. Recognition by system partners such as the Integrated Care System, Integrated Care Board and Local Authorities as the largest Primary Care provider in Essex and the positive impact we can have on our local communities is welcomed by all Partners and the Chief Executive Officer.
As a Partnership we have adopted the Anchor Institution Progression Framework which builds on the foundations of our scale, togetherness and stability to ensure that core aspects of societal progress are woven into the fabric of 'Colte', for example:
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A commitment to inclusive recruitment, supporting those with additional needs and recognising the valuable contribution they would bring to our organisation.
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Actively introducing procurement processes which invest in the local economy and community.
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Playing an active part in the community, engaging with community events, providing resources to support local development.
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Working closer with partners to operate more efficiently: financially, environmentally and socially.