Communities can pool resources to keep vital services going. Explore the benefits of pooling investment and resources and get support to build a community co-operative.
Community co-operatives are often set up when no external investors are prepared to take on a community service, as it may be too small or too remote.
However, community members can pool investment and resources to take shared ownership of these services, such as utilities or shops.
What are the benefits?
Co-owners are involved in all the decisions – so if the community doesn't want it, it doesn't get done. The community also has more control over issues such as strategy and working conditions – and any income can be invested back into the community, through local projects.
Read our case study about a local hydro scheme targeting £600,000 income
To find out more about setting up a community co-operative, contact Co-operative Development Scotland.
Make an enquiry