The Ecological Land Co-operative (ELC) has launched a share offer, starting on Monday 3rd April to fund the development of small-scale ecological farms.
The average age of today's farmer is 59 according to the DEFRA. The modern farmer faces increasing pressures from a globalised market. It is the belief of the ELC that there are other ways to grow and work the land. And many of those wishing to do so are young but are priced out from purchasing land or getting a foot-hold into land based business. The ELC work to provide new entrants with a realistic chance.
Based on the success of our first cluster of small farms at Greenham Reach, Devon, we plan to create a series of new ecological smallholdings between now and 2020.
The 2017 Share offer aims to generate funds for the development of two new clusters of small farms. This will result in the ELC managing a total of 12 smallholdings across four sites.
The ELC are looking to raise between £120,000 to £340,000 to carry out this work. They are working with Ethex, the positive savings and investment platform that makes it easy to make money do to good. Investors are offered 3% in interest on share capital annually.
The ELC develops affordable, low impact small-scale farms in England by addressing the realities of high land costs and the high cost of housing which makes it impossible for future land-workers to own their land and generate land-based livelihoods.
On the launch of the public share offer, Zoe Wangler, Director anbd Planning Specialist for the ELC says, "New entrants to farming have no possibility of buying a farm in England; the cost of land and rural housing is too high. Yet new entrants have the passion, vision and skills needed to reduce the negative environmental impacts of conventional farming for affordability, and for sustainability. Our work is not possible withouth investment from our members."
For more information on the offer and the ELC please click here.