Organic garden offers ethical investment opportunity

| May 31, 2010

Ethical investors in Wales are being given the opportunity to invest in an organic market garden.

The 10-acre site will supply fresh produce – including vegetables, salads, and fruit – for Cardiff’s Riverside Market and a vegetable box scheme.

The social enterprise will have an estimated turnover of £170,000 and will provide enough vegetables to feed around 200 families.

Organisers aim to have the garden in full production by 2011, and with certified organic status by 2012.

Within five years the business – which has start up costs of £30,000 – will be self-financing.

Individuals and organisations can buy shares from £50 to help fund the start up of the Market Garden.

As well as providing food, the garden will be an educational resource, offering local schools and colleges the opportunity to visit the site and learn about organic gardening.

Steve Garrett, chair of the Riverside Community Market Association, said he hopes the garden will inspire similar projects across Wales and the UK.

“[We] aim to develop a replicable model for local food production and distribution with community ownership, whilst also offering training and social networking opportunities,” he said.

“We’re creating a sense of ownership and investment for people.”

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