Benenden Community Shop completes first ever share offer with Community Shares Standard Mark

9th Jun 2015

Ahead of the wider launch of the Community Shares Standard Mark on June 30, a series of share offers have piloted using the mark, with Benenden Community Shop the first to complete its share offer.

Proud to be the first community enterprise to meet the Community Shares Standard, the shop provides an essential lifeline for many people in Benenden, Kent and is at the heart of the community. It’s a valued convenience which would have been sorely missed.

Just this week it went beyond its target of £60,000, raising just over £66,000 to date. This funding will be vital to keep it running – it will support the refit of the shop, initial stock and provide working capital to run the business. The entire business will be run by the community, for the community.

The CSU promotes high standards of voluntary regulation and the Mark is awarded to those following good practice in issuing community shares. Benenden Community Shop is joined by three further offers which have received the Community Shares Standard Mark, as part of this initial pilot.

  • Big Bath City Bid is the share offer campaign launched earlier this month by Bath City Supporters Society. The society is looking to raise £750,0000 to enable the community to own its football club Bath City FC
  • Gusssage Community Benefit Society has recently launched a £400,000 share offer to secure the long term future of The Drovers Inn, in Gussage, Dorset as a flourishing pub for the benefit of the community. The society proposes to raise funds to purchase, re-furbish and maintain this much loved venue.
  • Clevedon Pier and Heritage Trust are soon to launch a share offer to bring the pier into community ownership, and raise final the10% it needs to complete new, much-needed visitor facilities.  

Both the Big Bath City Bid and The Drovers Inn offers are live on Microgenius. Clevedon Pier will launch their share offer soon.

For more information about Community Shares and the Standard Mark, visit hereAnd join us in Manchester on 30 June to celebrate the launch of the Community Shares Standard Mark and see FC United’s fantastic new ground – book your place now