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Torrs Hydro. Our Community Shares Experience Esther Jones Founder Director, Torrs Hydro. Our Funding Mix. Grants A loan Community investment through a share issue. How we ran our share offer. Minimum investment - £250 Clear target to raise - £126,000
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Torrs Hydro Our Community Shares Experience Esther Jones Founder Director, Torrs Hydro
Our Funding Mix • Grants • A loan • Community investment through a share issue
How we ran our share offer • Minimum investment - £250 • Clear target to raise - £126,000 • Firm closing date – 31st January 2008 • The invitation to invest • High profile and local promotion, and a variety of methods
What Made the Share Offer a Success? • Good promotion • A deadline • A product that has a clear identity
Impact of the Project • Boost to sense of local identity • Community commitment • Local industry – the sluice gate • Education & learning from the project • Inspiration from other local projects
Energy • Food • Transport • Waste