1.3 Who runs the programme?

The programme is run by the Community Shares Unit, a joint initiative between Co-operatives UK and Locality. Established in 2012, its objective is to support enterprises, promote good practice and raise awareness of community shares as a sustainable funding mechanism for community enterprises.

Power to Change funded the Community Shares Unit to run a Booster Pilot Programme in 2016-17, which resulted in 12 societies launching successful share offers, raising over £1.5m in community shares, matched by just over £600,000 of Booster equity.

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