The funding landscape is uncertain. Many of us have felt the effects of widespread public-sector cuts. Business models that are more trading-based can definitely help charities weather the storm.
Trustees of the charity noticed a decrease in the amount of funding available.
The charity sought advice from the Making Local Woods Work Programme.
A status report and action plan was put into place to establish a Community Benefit Society
A Steering Committee was found and The Eden-Rose Community was born. A significant amount of time was spent ensuring that the business was viable and a professional business plan and share offer document was created.
We became an officially registered society under the Co-operative and Community Benefit Societies Act 2014.Registered with the Financial Services Authority.
The Community Shares Unit, funded by Power to Change, approved our application for their Booster Programme. They awarded us with a grant to launch the share offer.
The Community Shares Unit approved our application for their Matched Funding Programme. 🙂
Very, very excitingly our share offer launches in Sudbury. Investors can now become members of The Eden-Rose Community.
Our share launch event in Ipswich takes place.
Our share offer period ends now. However, the Steering Committee may extend the offer period if required.