We are offering a 3% return on investment
The predicted financial return on these community shared, based on the current business plan will be paid at 3% per annum.
Update: We have received Enteprise Investement Scheme approval!
These shares qualitfy for HMRC Enterprise Investment Scheme (EIS) aproval. This means that investors can claim 30% tax reflief of their own income tax bill.
The Multibio opportunity
We agree with our friends from Yorkshire that 'where there's muck there's brass!' Over the past 18 months we have been working to develop a new opportunity for the business after acquiring the sole Uk rights for a 'game-changing' addition to the biomass sector, Multibio. Multibio is a range of European boilers with a revolutionary multi-fuel capability. These boilers can utilise waste that would otherwise be sent to landfill. This means that there can be a significant reduction in transport costs both in delivering fuel and moving waste, let alone the needless greenhouse emissions of C02 and methane. This capability provides the Biomass Energy Coop with a real advantage over its competitors.
From waste to heat
For the past four years the Biomass Energy Coop has established itself as a respected wholesaler and installer of biomass systems in the North West of England. Our customers range from golf clubs, churches, farms, social centres, hotels, wood yards and apartment buildings.
Sustainability and adaptablity are key factors for us in ensuring that our biomass systems enable people to switch from fuel to fuel according to availability and price.
How will the money be used?
We wish to raise sufficient funds (estimated at £90,000) to demonstrate that our range of products can meet the Clean Air Act legislation on a variety of fuels hitherto not already being used in the UK. This will represent a pioneering leap forward in green technology and will give our business a unique offering. If we raise the funding, we aim to prove that certain wastes are capable of being converted into biofuel for biomas boilers within the legal requirements, not just on large industrial scales but on smaller domestic scales too. We will identify real-world applications for these boilers which will ensure their salability and finally, prepare to go to market on a national scale.
- We have established that the minimum we need to raise is £50,000, which will enable us to test four boiler sizes with five different fuels.
- Ideally we would like to test a further two biofuels and an additional boiler size, this would take us to our optimum target of £70,000.
- The maximum we need to raise from this offer is £90,000 which would enable us to test the complete boiler range and all the biofuels we are currently investigating. This would also cover management time, fuel preparation and full laboratory testing in Europe.
For more details please see our business plan.
What do I get?
We are offering shares in the Biomass Energy Coop, these shares are known as community shares. By purchasing shares you will become a member of the society and will have equal voting rights at all general meetings, including the election of the board. You will also be kept up to date with important developments in our work.
The predicted financial return on these community shares based on the current business plan will be paid at 3% per annum.
These shares also qualify for HMRC Enterprise Investment Scheme (EIS). Once the shares are issued HMRC will supply certificates to enable investors to claim tax relief of 30% against their own income tax bill.
Why become a co-operative?
Our mission is to provide biomass energy solutions that promote the sustainable use of waste products for heat and micro-power generation. We seek to be a viable trading bsuiness that ensures that all those engaged are enhanced in their abilities and fairly recompensed for their efforts. We will apply the benefits of our innovations and enterprise to promote localised provision of energy solutions that in turn create skilled employment, promote low carbon economies and engender community cohesion.
Biomass Energy Coop is a community benefit society founded in 2012, originally as a worker cooperative. Because we are a cooperative our profits will be reinvested in to the business to ensure that we achieve our mission and serve the community at large.
Can anyone buy shares?
Yes! That's the amazing thing about our community share offer: it's for everyone! You can by shares from anywhere in the world, as long as you are over 16. For every £1 you invest you will get 1 share, with a minumum investment of just £200. As we qualify for Enterprise Investment Schemetax relief, for every £200 you invest, you can claim £60 of tax relief.
Please read the frequently asked questions.
Risk Warning Funding pitches through Crowdfunder.co.uk carries some risk. There is no guarantee for members making donations that any reward offered will be delivered. Equally, when members invest in community shares the capital they invest is at risk and they may not get back what they put in. Rewards based crowdfunding and the sale of community shares are not regulated by the Financial Conduct Authority, nor covered by the Financial Services Compensation Scheme. Click here to read more about the risks.