December 2, 2009
Capitalise on local wealth
Community owned enterprises in England will benefit from an exciting new government-backed initiative which aims to stimulate investment through community share and bond issues.
Community owned enterprises in England will benefit from an exciting new government-backed initiative which aims to stimulate investment through community share and bond issues.
Community investment is different. Instead of turning to the private sector and wealthy individuals for support, community investment is about engaging communities to invest in themselves.
By harnessing the collective investment powers of whole communities, large amounts of capital can be raised in small sums from members of the community.
Be it a small village shop or large scale housing development, a community recycling project or major renewable energy scheme, they all have one thing in common – actively committed and motivated members who recognise the wider benefits of communities investing and engaging in their own solutions.
Also see, http://www.communityshares.org.uk/news/round-two-successful-projects-announced