Tregovenek is a Community Benefit Society. (Registration no. 8767)
This legal structure allows an organisation to offer ‘community shares’- i.e allow the local community to either partly or wholly own the organisation.
It is important to us that this land has the support and hearts of local people, and a sense of ownership and a say in the running of the organisation helps people feel directly involved. Anyone who buys shares has a voice, regardless of the size of investment. In this way there is no investor hierarchy. Some of the funds necessary to make this vision a reality will therefore come from community members investing in shares.
Tregovenek has been brought using temporary ‘loan stock’ offered by people who believe in and support the vision. We have secured funding through the Reach Fund to work with professional mentors to develop a business plan and financial model to support our vision. Once this is complete, we will invite the local community to buy shares.
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We also very gratefully receive donations if you would like to support our vision. Please contact us if you wish to donate.