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Community Shares: Round two applications now open

Community-owned enterprises can now apply to take part in a Government-funded research project which is looking at new ways for social enterprises to attract more funding. The research, announced earlier this year, is examining the potential of community shares and bonds as a way to attract extra investment. This includes inviting ten projects to test the idea, looking at barriers that could restrict their growth and how they can be overcome. Their experiences will be used to benefit future learning. Five organisations will be chosen to take part in the research. Any project, be it a small village shop, a large scale housing development or a community recycling project is eligible to apply providing they are community-owned and work for the benefit of the community. Community-owned enterprises will receive a package of funding and consultancy.  Applications are available on http://www.communityshares.org.uk/findoutmore  and the deadline for receipt of applications is 21 September 2009
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