Kitz ADSL Broadband Information
adsl spacer  
Support this site
Home Broadband ISPs Tech Routers Wiki Forum
 
     
   Compare ISP   Rate your ISP
   Glossary   Glossary
 
Please login or register.

Login with username, password and session length
Advanced search  

News:

Author Topic: B4RN Prep £3m Crowdfunding Drive After Loss of EIS Tax Relief  (Read 860 times)

Bowdon

  • Content Team
  • Kitizen
  • *
  • Posts: 2395
B4RN Prep £3m Crowdfunding Drive After Loss of EIS Tax Relief
« on: February 20, 2019, 01:38:08 PM »

Quote
https://www.ispreview.co.uk/index.php/2019/02/b4rn-start-3m-crowdfunding-drive-after-loss-of-eis-tax-relief.html

Quote
The community built and funded rural UK ISP B4RN, which has been rolling out a 1Gbps capable Fibre-to-the-Home (FTTH) broadband network to remote parts of Cheshire, Cumbria, Essex, Lancashire, Norfolk, Suffolk and Yorkshire, looks to be preparing a crowdfunding drive in the hope of raising £3m to help it expand.

Quote
As ever with such initiatives the crowdfunding page warned that repayment is “not guaranteed” and the minimum investment allowed is £50. If less than £1 million is raised within the first 70 days, the monies will be returned to investors with no accrued interest.

The government really needs to pull its finger out with the decisions it makes. On the one hand it says its trying to encourage fibre building while on the other hand disincentivising and discouraging community led initiatives.

I hope that anyone within the boundaries of B4RN's expansion plans should seriously consider investing in the crowdfunding page as in the long run it will not only benefit them, but their community and also the country, to have another company helping to speed up the full fibre coverage.
Logged
BT Full Fibre 500 - Smart Hub 2