A growing number of communities are developing sustainable solutions to local problems. We see community organisations as essential to achieving our vision of an accessible and participatory social investment market.
Many communities in the UK have faced persistent and entrenched social issues. Especially now, while facing a significant decline in public spending, these issues have been exacerbated, leading to a decline in community cohesion and engagement, weakened socio-economic outcomes, as well as a general lack of empowerment to affect change.
In the current economic climate, community organisations are trying to reduce their reliance on dwindling grant pots. There is appetite for investment, but at an affordable cost that will not put the organisation at risk. Social investment can be used to help in a number of ways.
Community shares are an important source of finance for community-led projects. They give individuals the opportunity to invest in local projects by purchasing a portion via “withdrawable shares”. This market continues to grow, with over 320 share offers since 2009, having raised in excess of £78 million from around 50,000 members.
Social investment can be used to help communities in a number of ways.