There are over 140 development trusts in Scotland (and many more in the rest of the UK), all set up to give their community a bigger stake in the future of that community, through ownership or management of an asset, or through committing themselves to a pro-active role in the overall health and development of their place.
Development trusts are community organisations which:
are owned and managed by the local community
aim to achieve the sustainable regeneration of a community or address a range of economic, social, environmental and cultural issues within a community
are independent but seek to work in partnership with other private, public and third sector organisations
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.
The Edinburgh Old Town Development Trust is a provisional member of the Development Trusts Association Scotland, which supports the work of the development trusts in Scotland. For further information about development trusts see www.dtascot.org.uk.