What are Community Shares?
Have you heard of Community Shares? Interested – but not sure what they mean?
This fantastic video from Community Shares Scotland is a great way to understand what Community Shares are all about – as they say in it, ‘If your community believes in something then investing in Community Shares can make it happen’.
‘Community shares’ are withdrawable share capital; a form of share capital that can only be issued by co-operative societies, community benefit societies and charitable community benefit societies.
Share investments like these save local shops, pubs and facilities, finance renewable energy schemes, transform community facilities, support local food growing, fund new football clubs, restore heritage buildings, and above all, build stronger, more vibrant, and independent communities.
Since 2009, almost 120,000 people have invested over £100m to support 350 community businesses throughout the UK. If you’re thinking of a community business – could they be for you?