Community Shares: Taking Ownership Local
Thursday 15th July 2010 | Coin Street Community Centre, Southbank, London |
Over 100 people attended the Community Shares: Taking Ownership Local event representing Government Departments, Local Councils, and practitioners in the field. Platform speakers on the day included:
Chair: Steve Wyler, Director, DTA
Jim Brown, Lead Consultant, Baker Brown Associates
(Market growth and development)
Steve Rhodes, Chair, Tutbury Eco Power Project
(Community enterprise in action:)
Hugh Rolo, Head of Assets and Investment, DTA
Alison Ward, Development Officer, Wessex Community
Assets
Research findings: Who are community investors?
Jeremy Nicholls, CEO, SROI Network
Social impact
Keynote speech: Ed Mayo, Secretary General, Co-operatives UK
Future potential for community investment:
Building on the lessons
Paul Sharma, Director, Prudential Policy Division, Financial Services Authority
Launch of A Practitioner’s Guide to Governance and Offer Documents and An
Investor’s Guide to Community Shares
Masterclass in Community Shares: Training for business advisers
Over 60 delegates attended the Masterclass in Community Shares seminars aimed specifically at business advisers in the sector e.g Co-operative Development Bodies (CDBs), development trusts, national third sector agencies and other social enterprise development agencies. They were held in London, Birmingham and Manchester during March and led by Jim Brown, lead consultant to the Community Shares Programme. The full presentation is now available as a pdf below or click here
Below are the ten projects selected by the Community Shares Action Learning Research Programme in Round 1 and 2 (nb. there will not be any further rounds of funding)
- Hurst Green Community Shop & Centre, East Sussex
- THEP - Tutbury Hydro Electric Project on the River Dove, in the heart of England, on the Staffordshire/Derbyshire border
- Sheffield Renewables Ltd, River Don, Sheffield
- Oxford Cycle Workshop Training Ltd, Oxford
- Cybermoor, Alston, Cumbria Hastings Pier & White Rock Trust
- Ashington Community Development Trust (Ashington Minors Childcare), Northumberland
- FC United of Manchester
- Slaithwaite Cooperative Ltd (Grocery store), Colne Valley, nr Huddersfield
- Brixton Green, London - aim of building better neighbourhoods
- Hastings Pier & White Rock Trust - Regeneration of pier buildings
To read the official press release click here
The selected ventures demonstrated that they
- Intend to raise finance through community investment ie. “The sale, or offer for sale, of more than £10,000 of shares or bonds to communities of at least twenty people, to finance ventures serving a community purpose.”
- Will issue non-transferable securities.
- have a committed group of project champions and an established steering group, unincorporated body, partnership, association, or corporate body
- have community support for their venture
The successful projects will receive a package of funding and consultancy.
To find out more about the Round 1 successful projects click here
Presentations by Jim Brown, lead consultant, at the recent seminars are available below.
