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Community Share Offer in Florence Park

Community Share Offer in Florence Park

A new Charitable Community Benefit Society is launching a Community Share Offer to get their vision for a new community resource off the ground. The Society began as a campaign by local people to take over the running of a former children’s centre in Florence Park. backed by local charity Aspire and CIC The Nature Effect, the community put together a bid, which was approved earlier this year.

 

Many people with an interest in social enterprise and community businesses will be watching Flo's, as the new project is known, with interest. Their ambitious project is based on a sustainable model of financial independence rather than relying on grants or ongoing external fundraising. As a Community Benefit Society, the project will be entirely owned by the local community, with legal safeguards to ensure it is run in everyone's interest. This reflects a growing trend amongst social entrepreneurs, many of whom were shaken by the devastation of cuts in NHS and local government funding after the 2008 financial crisis, and who are now exploring other revenue streams. We wish them the best of luck!

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