Community share scheme set to continue after success

A funding scheme supporting communities to own local assets is to continue after three years of success.  
 
Development Trusts Association Scotland (DTA Scotland) has been given the green light to continue to operate its Community Shares Scotland programme for a further three year period after being given over £800,000 from the Scottish Government and Big Lottery Fund Scotland.
 
Community Shares is a mechanism for raising finance and social investment and has supported well-known community ventures like the community buy-out of Portpatrick Harbour and the Glenwyvis Distillery project.
So far it has provided direct support to 88 community groups and organisations, completed 14 separated share offers and helped raise over £8 million in share capital.
 
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