BECOMING A MEMBER
WHAT IS A DEVELOPMENT TRUST?
"Development trusts are community organisations which are owned and managed by the local community and aim to achieve the sustainable regeneration of a community or address a range of economic, social, environmental and cultural issues within a community
They are independent but seek to work in partnership with other private, public and third sector organisations. Furthermore, they aim to reduce dependency on grant support by generating income through enterprise and the ownership of assets.
All trading surpluses are principally reinvested in the organisation or the community. Local people set up development trusts to tackle local issues and to improve the quality of life in their community. As a result, development trusts become involved in a very wide range of activities.”