New backing for community shares
On Friday 5th October, a new service for the growing number of communities wanting to raise finance for co-operative and community-owned enterprises was launched: The Community Shares Unit, hosted by Co-operatives UK working in partnership with Locality is now open for business.
For residents wanting to save their local pub, fans aiming to take ownership of their football club or local people intending to produce their own renewable energy together, community share offers are proving a vital lifeline for communities across the country. The government-backed unit will support the growth of a sustainable market for community shares, building on the successful share offers that have already taken place.
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