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Community Shares for the Recovery

Overview

A fund to support Community Share projects in underserved areas with matching equity in the form of community share purchases, with additional debt finance alongside where needed.  The fund is also trialling a new product, providing up-front finance coverage for “subscription shares”, where individuals who can’t afford a lump sum can purchase their share in instalments over the course of a year.

It uses funding from Flexible Finance for the Recovery to enable the provision of long-term, flexible investment products, particularly for organisations where financial returns are uncertain or lower than conventional investment thresholds. 

Partners

  • £2.89 million

    grant committed

  • £3.26 million

    co-investment raised

  • £6.15 million

    total fund size