Community Shares - What are they, and how could they work for you?
This month's video is not strictly a reflective film, but one that we hope will spark ideas and thoughts of an innovative way to both raise capital for community ventures, but also to generate the involvement of the communities that you might be working with...
Community shares are a way to raise money by offering your community a chance to own shares in your organisation.
Community shares are usually about more than just profit - they work best for people who want to get involved and support a cause or a project they really care about – often because it has a positive social impact for the community it serves.
This type of shares have already raised millions of pounds of investment for hundreds of community enterprises across the UK including football clubs, pubs, heritage buildings, farms, energy companies, phone co-ops, community groups, shops and much, much more.
They're a powerful way to raise finance for projects that provide a social benefit.
When you issue community shares, each person who buys shares gets a vote in how your enterprise is run. This kind of community ownership is powerful and you'll gain fantastic supporters and advocates who each have a vote about how your organisation is managed.Together, through this type of social enterprise communities can make great ideas a reality.
The following video has been put together by Crowdfunder and the Community Shares company to help undersatnd a bit more about what they are and how they work.
If you'd like to find out more visit the Community Shares website at http://www.crowdfunder.co.uk/community-shares/what-are-community-shares/