Following a successful Crowdfunding campaign Projekts MCR have secured £134,338 with 70 investors in 64 days to expand the skate park, add energy-saving LED floodlights and be better able to support the local community.
Following a successful Crowdfunding campaign Projekts MCR have secured £134,388 with 70 investors in 64 days to expand the skate park, add energy-saving LED floodlights and be better able to support the local community.
Projekts MCR was established in 2004. They are a Community Benefit Society with the aim of developing people and places through skateboarding and other skatepark activities. They are focussed on making skateboarding accessible to under-represented groups, particularly people living in areas of high deprivation, girls and women and people with disabilities. They do this primarily through coaching work in schools and at the skatepark. Over the last 14 years Projekts MCR has used skateboarding to enrich the lives of over 20,000 people, mainly children and young people, living in and around Manchester. The skatepark sees over 18,000 visits a year and Projekts delivers over 20 coaching sessions a week to schools and youth related groups in Greater Manchester.
Projekts MCR is owned by its members who have been given the opportunity to invest directly into the society. The 70 investors means there is greater community control and ownership of the project, and more people to drive its success.
Their first Community Share Offer (CSO) saw 70 people invest directly into building one of the most exciting skate parks in the UK. Investors raised £67,194 which was matched by the Community Shares Booster Programme to double their money.
The expansion project will mean they can offer educational, health and well-being and youth work programmes utilising the new more flexible skate and meeting space.
"The Booster Programme was great in helping us promote the offer as whatever anyone put it in, it was automatically going to be doubled." John Haines, CEO and Director Projekts MCR