Don’t invest unless you’re prepared to lose all the money you invest. This is a high - risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more
Forecast
return
East Marsh Community’s (EMC) vision is to build a community, in one of England’s most deprived areas, by bringing empty homes back into use as quality, affordable community-owned housing.
This investment is match funded with an investment of £25,000 from Co-ops UK and £25,000 from the Peoples’ Postcode Lottery
27th May 2022
The board of East Marsh Community have taken the decision to extend the current close date of the 2022 share offer until the 30th June 2022.
A letter from the board is attached below, detailing the reasons for this extension.
If you have any questions then please feel free to contact Ethex at help@ethex.org.uk.
Attached Files:
East Marsh United Investor Update.pdf
East Marsh Community Ltd
Society no. 8310
Grimsby, UK
Incorporation date: 04 February 2020
Improve the quality of life for people and families in the East Marsh area of Grimsby, helping solve the community’s housing challenges.
Regenerate the community by transforming empty properties, in one of England’s most deprived wards, into comfortable and affordable homes.
Help create an inclusive society and a strong, diverse, and resilient community for the residents of the East Marsh.
Earn a potential return. EMC are offering a target annual return of 4% on investments in the share offer which will be paid in shares unless you opt to receive a cash payment into your bank account.
Grimsby’s East Marsh is one of the most deprived wards in England with high poverty rates, and low levels of education and employment. Multiple properties in the area have become run-down and derelict. A group of residents decided to act and created East Marsh United, an organisation dedicated to regenerating the area through multiple community initiatives. From this, East Marsh Community was created to convert derelict properties into decent, affordable homes for local people.
It’s your money so it follows that you want to know where it goes and what kind of impact you’re making. East Marsh Community will use your investments to:
East Marsh Community’s (EMC) vision is to build a community, in one of England’s most deprived areas, by bringing empty homes back into use as quality, affordable community-owned housing.
https://eastmarshunited.org/
Director
Billy has worked in education for much of his adult life, as a lecturer, educational technologist and teacher of English in Oman and Poland. He’s passionately interested in what makes for a good life, how we organise ourselves so that we humans can flourish and live the best lives we can. His doctoral thesis 'Freedom to learn for the 21st century (education as if people mattered)', says just about everything about his being-in-the-world:
Director
Peter has been self-employed since he was 17 and is now a director of several companies. Pete was bought up in the West Marsh in Grimsby and remembers the community spirit there; he has in turn been very inspired by the East Marsh United team and their passion for the community.
Director
Mark was born on the East Marsh, raised on the Nunsthorpe, and was the beneficiary of a fabulous education and upbringing. He got lucky and found his passion, went to university, learned some stuff, came back home, and started to try and make a difference.
Director
Stuart worked in industry for 42 years until he retired early in 2018. His wife is Priest in charge at St John and St Stephens church in the East Marsh of Grimsby; it was a natural progression for him to join the EMU team to work in the area where he spends a lot of time on a voluntary basis. John also volunteers at The We Are ONE Foundation food bank where he is the first line of contact.
Director
Josie Moon is a writer, community arts development worker and activist based on the East Marsh of Grimsby. Josie works with EMU delivering arts programmes and supporting the development of EMU's social change practice.
Director
John was born in Dublin on the Emerald Isle and became a Reverend in the Church of Ireland. He ended up in the East Marsh in 1972 and has been working there ever since at The Community of St John, St Stephen & Shalom.
Director
Alan was born, educated, and brought up in the East Marsh and sees his role with East Marsh United as giving something back to the community that gave him such a great grounding in life. Alan continues to work for and support several local charities and is genuinely excited by his new challenge as part of EMC and EMU.
Director
Lee was born in Cleethorpes and has lived on the East Marsh for 11 years (since 2010), where he’s been a member of East Marsh United from its inception and stood as an independent candidate for East Marsh in the 2021 North East Lincolnshire local elections. Lee works for a local damp proofing company and is currently studying for a part time BA Open University degree in Politics, Philosophy and Economics.
Director
Cyril was born in Louth, Lincolnshire and educated at High Holm Secondary Modern School. He worked in the Corrugated Cardboard Industry for 45 years with Lin-Pac Containers which was then taken over by D. S. Smith, before retiring in 2012 and moving to Grimsby. Cyril went to a community meeting in 2017 and engaged with EMU from its start where he remains a committed volunteer.
Director
Dee is a single mum of a 13-year-old and a resident of Rutland Street (where EMC’s three initial properties are located). She volunteers at a local food bank and joined East Marsh United to help improve the area where she lives, starting by clearing alleys and street cleaning.
Director
Emma is a volunteer at the local food bank – We are ONE Foundation - and is also an event first aider. She’s lived in the East Marsh for just over 2 years now and wants to see a meaningful change in the area and people’s lives.
Team Member Position 12
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud. 12
East Marsh Community is targeting a 4% interest rate per annum, with shares accruing interest from 1st November 2023. This interest will be paid in shares unless you opt to receive a cash payment into your bank account.
East Marsh Community (EMC) is offering community shares which are "withdrawable" shares. These cannot be bought or sold on any market place and are not transferable.
Although shares in EMC are withdrawable, this is at the discretion of the directors, and you may not be able to withdraw the full amount you purchased if EMC does not have sufficient funds available at the time you want to withdraw. There is a non-withdrawal period of 24 months (from the date shares are issued), and the share withdrawal notice period is 3 months.
This offer is not eligible for investment on behalf of children.
Get notified via email when new investments go live