The company has been formed to benefit principally the community which comprises the community council areas of Oban, Dunbeg, Connel, Kilmore and Kilbride (“the Community”) with the following objects:
(1) The advancement of community development (including the advancement of rural regeneration) principally within the Community;
(2) To relieve poverty and advance economic development and regeneration by supporting the creation of employment opportunities, enterprise development, and local business initiatives that contribute to a thriving and resilient local economy.
(3) To provide and maintain inclusive community facilities and spaces for recreational, cultural, educational, and social activities, with the aim of improving quality of life, reducing social isolation, and fostering community cohesion for all sections of the community, regardless of age, ability, background, or belief.
(4) To advance the education and wellbeing of young people by providing access to training, mentoring, and development opportunities that empower them to contribute positively to their communities and fulfil their potential locally
(5) Develop a more green and ecologically sustainable area, by growing of green space; protecting and nurturing natural habitats and wildlife; advancing the circular economy and advancing decarbonisation and net zero
(6) To build community wealth by promoting community-led ownership and stewardship of land, buildings, and renewable energy assets, in order to enhance local resilience, sustainability, and collective wellbeing.
(7) To promote the efficiency and effectiveness of the Third Sector (voluntary and community organisations) in the area of benefit by providing support, resources, training, and infrastructure that fosters innovation and long-term sustainability.
But only to the extent that the above purposes are consistent with furthering the achievement of sustainable development.