Community Share Issue
A bookshop for your communityAs well as being a much-loved independent bookshop, stocked with a huge collection of curios, curiosities and quality second-hand publications, George Street Community Bookshop is now a community benefit society. This means our profits are used to serve the Glossopdale area – and that you can be part of it.
Invest in a local businessWhether you're a longstanding customer, a passing browser or love the idea of supporting a community business, we invited people to invest in equity shares and become a member-owner of our society.
The share offer helped us secure the future of the business and fund improvements, like updating our traditional shop and allowing us to host authors, events and local reading groups from 2019 onwards.
Our fundraising target was £50,000, and the share offer was open from 11th November to 7th December 2018. Individuals or businesses could invest as little as £50, right up to a maximum of £5,000.
We secured the support of the Community Share Booster Programme, funded by Power to Change and run by the Community Shares Unit. Under this programme up to £25,000 was available to match applications for shares from the public. This meant that for every pound invested by individuals up to £25,000 another pound was invested in shares by the Booster Programme.
• Click here to view our Share Offer Document and application form.
• Click here to view our Business Plan.
• Click here to view our Society Rules.
Here's the presentation we made on the share issue at the launch.
This share offer was awarded the Community Shares Standard Mark by the Community Shares Unit. This is awarded to offers that meet national standards of good practice.
UPDATE 17:00 12/12/2018 We did it, we have raised £25,000 of investment, welcome to our new owner-members and thanks for your support! Taking in to account the Community Share's Booster match (i.e. they will match every pound of our investment), we've achieved our target of £50,000. The offer is now closed.