Rescue plan for Farfield Mill
Artists have agreed a rescue plan to save Farfield Mill at Sedbergh in Cumbria.
They have set up a company to take over the mill, which provides open studios for 20 weavers, craftsmen and artists as well as shops and galleries and a heritage exhibition about the local wool industry https://www.farfieldmill.org.
Under the plans, Farfield Mill will become a charitable community benefit society, a new kind of co-operative organisation, and will issue shares to raise £365,000 needed to secure the mill’s long term future.
The mill has already been pledged £100,000 in matched funding by Power to Change, the community business promoter.
The money will be used to improve the building, put in new digital infrastructure and invest in the heritage museum.
Artist Stuart Gray who said: “Farfield Mill provides a year-round selling opportunity for work created by artists and craftspeople from all across the Yorkshire Dales, Cumbria, Lancashire, Northumberland and the Scottish Borders.”
Farfield Mill employs 12 staff and 20 craftspeople tenants, as well as 60 other suppliers who use it as their retail outlet.
Shares will be available from September 29 on www.ethex.org.uk/FarfieldMill.