Community share issues… Wessex have developed a model for raising share capital at low cost This means members of a community can invest directly in community projects and services It is cheap to set up and acceptable to independent financial advisors
What works? Track record of organisation & people Clarity of offer Blended financial, social and environmental return Access to suitable target investor groups Effective marketing
CSA and community investment – a good fit ? CSA Sharing of risk between grower and customer Needs strong loyal customer base Community investment Involves members in sharing financial risks People buying in through membership and ownership of organisation
But…… Do you want democratic ownership and control for a farm? How do you allow farmers and growers to make the decisions they need? How do you secure long term tenure? Is ownership affordable? Double risk if you invest in enterprise and crop share?