community share ownership

Community share ownership is when members of a local group or community collectively own and manage a business or asset through shared investment. Instead of individual ownership, people contribute funds to support a project—like a renewable energy facility or cooperative venture—and in return, they hold shares that entitle them to a portion of the profits or benefits. This approach empowers communities to have control over local projects, reinvest profits locally, and foster a sense of shared responsibility and sustainability. It promotes local economic resilience and democratic decision-making in managing community assets.