Over £350,000 raised as Northern Ireland embraces community shares

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Image:  (left to right): Tiziana O’Hara and Jo Bird from Co-operative Alternatives

Northern Ireland is embracing the concept of community shares with four enterprises raising more than £350,000 for community-based projects in the past eight months.

The figures were revealed by Belfast-based organisation, Co-operative Alternatives, which is hosting a special ‘Showcasing Community Shares’ event on June 25 to spread the word about this innovative method of raising finance for community projects.
Jo Bird of Co-operative Alternatives said the lunchtime event at the headquarters of Belfast- based cooperative Boundary Brewing would shine a light on the benefits of community shares.

“This will be a great event for organisations wanting a crash course on community shares. We will be hearing from representatives of the local co-operatives who have launched successful share issues, including the Boundary Brewing Co-op, Northern Ireland Community Energy (NICE), Lacada Brewery <https://www.facebook.com/lacadabrewery> and Down to Earth NI <https://www.facebook.com/DownToEarthNI>.”

Speakers will also include a representative from the Building Change Trust, an organisation set up to develop Northern Ireland’s voluntary and community sector, which has supported the Community Shares Ready project.

The event, which takes place from 12-2pm at Portview Trade Centre, 310 Newtownards Road, also includes Co-operative Alternatives AGM, with new members welcome to sign up on the day.

The event is open to members of the public and Third Sector organisations who can book their place by going to www.csniagm.eventbrite.co.uk

Tiziana O’Hara from Co-operative Alternatives added that with the ever-increasing threat of public sector cuts, community shares were a realistic option for enterprises supporting a community need, adding that Co-operative Alternatives offers support to any organisation wishing to
learn more about launching a share offer.

For more information about community shares go to: www.coopalternatives.coop or email Tiziana O’Hara on tiziana@coopalternatives.coop or call her on
07858317634.

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