For over 25 years, solicitors at Wrigleys have been advising on the establishment of investments for social purposes.
Mechanisms available to charities and social enterprises for raising finance include:
- Community share issues (for example community shops, pubs and railways).
- Bond issues (including providing for a financial return for investors).
- Renewable energy.
- Incorporating Enterprise Incentive Scheme Tax Relief may be available for investors.
Wrigleys Solicitors LLP is registered with the Financial Conduct Authority to give advice on financial promotions in Leeds and Sheffield.
Wrigleys has also contributed to the development of this area through its involvement with European Commission studies on the regulation of social banks in Europe, the publication for the Charities Aid Foundation of the book Social Investment and other financing techniques for voluntary organisations and advice to some of the organisations leading the field of social investment.
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