£2m crowdfunding investment will help boost rural broadband coverage

B4RN chief executive Barry Forde
Community benefit society Broadband for the Rural North (B4RN) has raised £2m following its first close on the Triodos crowdfunding platform. The investment has come from both retail investors and institutional investors, including the Esmée Fairbairn Foundation’s social investment fund. The offer has a £50 minimum investment, with an average investment of £3,300. The investment offer is open until July 1, with a target of £3m and the interest rate on the seven-year bonds is 4.5% per year. As with all investments, capi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...