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<p>Government is fully committed to the Civil Society Strategy: it is the beginning
of an ambitious, evolving work programme to help build a strong society. As stated
in the Strategy, community shares is a sustainable social investment model that empowers
communities by giving members – as part-owners – a direct say in the success of an
enterprise, encouraging them to play an active part in its future.</p><p> </p><p>As
part of developing a MHCLG Communities Framework, building on the work of the Civil
Society Strategy, we are engaging with sector partners, to explore future options
to ensure we create socially and economically strong communities, where community
shares and community assets play a central role in supporting communities deliver
their priorities. As part of the Government’s commitment to understanding what models
of funding will best sustain the community ownership of assets, MHCLG are currently
working with Power to Change on a jointly funded programme of research which will
undertake a detailed economic assessment of assets in community ownership. The research
which will be published in summer 2019 will inform a wide range of audiences including
the voluntary and community sector, local government, funders and the emergent community
business sector on effective approaches to supporting the community ownership of assets.</p><p>
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