Development Coll exists to promote the sustainable development and regeneration of the Isle of Coll for the benefit of residents, visitors, groups and businesses. It is owned and managed by the local community and is a development trust with charitable status.

The company was formed in April 2006 in order to fulfil the needs of the Island of Coll as set out in the development plan which was drawn up following Community Consultation in 2005. The intention is to tackle local issues and improve the quality of life to help build a vibrant and sustainable community.