The project proposal is a 2-year pilot with the aim of developing a Community Shares Support Service for Pembrokeshire. This activity is noted in the LEADER intervention logic table and the LDS document. The pilot project would employ a Community Shares Development officer to focus and report on the following key activities:
- Identify communities who wish to develop a community benefit share offer cooperative to set up new Social Enterprises with a target of 6 new community cooperatives trading within 24 months.
- Support communities with share offers to purchase land and buildings to retain existing services and develop new ones.
- Provide template documents for communities to effectively develop their constitutions, business plans and share offer documents.
- Support the community cooperatives to offer HMRC Tax incentives to local investors to gain 30% tax incentives on schemes such as the Enterprise Investment Scheme and the Social Investment Tax Relief.
- Arranging training event for community cooperative board members and volunteers.
- Providing succession planning opportunities for existing older business owners to establish cooperative share opportunities rather than retiring and closing their profitable businesses.
- Establishing a Community Shares Network Group for Pembrokeshire to share best practice. During the past 12 months there has been an increased awareness of community share offer opportunities with a pan Wales project led by Wales Cooperative Centre. Within Pembrokeshire we have seen initiatives such as the one for Tafarn Sinc at Rosebush which had considerable press coverage.
Project details
- Funding amount:
-
EAFRD (WG RC_RDP Wales) contribution£59360.00
- Funding source:
-
LEADER Local Development Fund
- Area:
-
Pembrokeshire
- Completion:
-
- Theme:
- 2
- Measure:
-
19.2
- Pembrokeshire Community Cooperative Share Offers Scheme
Contact:
- Name:
- Gordon Barry
- Telephone number:
-
01834 860965
- Email address:
- information@planed.org.uk
- Email project contact
- Project website:
- http://www.planed.org.uk/
Project Area Contacts:
Need to find a local access group or lead body for an area?
Please have a look at our project contact map.
Find area contacts