Coalville CAN Community Benefit Company – a community regeneration project led by local people – wants to buy the freehold of their headquarters in Memorial Square, Coalville.

They’ve received fantastic support from their community – and beyond! – but are still some £30,000 short of the amount they need to unlock match funding and other financial assistance from organisations who support initiatives of this kind.

And they only have until 30^th September 2024 to find that £30,000.

Can you help?

Summary of investment information:

Payments up to £24 are received – with much gratitude – as a donation.

Payments between £25 to £249 are also a donation but earn the donor membership of Coalville CAN, meaning they can attend meetings if they wish and vote on decisions about how CCAN is run.

Shares themselves are £250 each and interest (at 4% from year 3) is paid against share purchases of £1,000 and over. The money can be withdrawn again in the future and the investor also becomes a member of Coalville CAN.

In the very unlikely case that CCAN can’t go ahead with the purchase, each investor would be contacted and asked what they wanted to happen with their investment, options being to retain the investment in CCAN’s contingency plans or have their money returned. 

However, once CCAN achieve the remaining £30,000 they can then access match funding and agreed-in-principle loans from a number of community-focused organisations, which would take them up to the asking price of the building. 

It’s a very positive situation, and the team are so close to the winning line. So if you’ve got a bit of money you’re willing to donate, or a slightly bigger pot of money earning less than 4% interest somewhere else, I’d ask you to consider helping this wonderful organisation buy the roof over their heads so they can continue doing the life-changing things for their community that they do.

You can find out more about Coalville CAN and the work they do in their community here.

Watch a video about the share offer here and here.

Make a payment towards the community share offer here.

Find out why this matters so much to me here.