Pirate FM News

Keep up to date with the latest news delivered direct to your Inbox.

Eden Hits £1m Crowdfunding Target

Eden Project
Delicious Submit this page to reddit

7:01am 15th October 2014

The Eden Project has raised a million pounds in less than five hours.

It is after launching a crowdfunding campaign to build a "learning village."

It will teach about cookery, food and plants.

More than three hundred people are stumping up cash to pay for the scheme.

The issuing of the Eden Project Bond via Crowdcube will enable Eden to access finance from its own supporters as well as a crowd of registered investors and the general public through Crowdcube.

Eden Executive Director David Harland said: “This is an amazing result. To reach our £1 million target so soon is spectacular and shows that very many people share our vision to establish a world-class learning centre here at Eden.

“We thank everyone for that faith in the future of the young people who will come here to learn new skills and Eden’s capacity to deliver something special right here in the heart of Cornwall. We also take our hats off to Crowdcube for the brilliant way they have enabled us to reach our goal in this - our first foray into crowdfunding.”

Luke Lang, co-founder of Crowdcube said: “It’s brilliant that the Eden Project has become the latest high-profile organisation to use Crowdcube to raise finance. Mini-bonds have emerged as a cost-effective and efficient way for well-established brands to raise growth capital and engage with their customers. By giving people the opportunity to invest in an organisation they love in return for a financial reward, mini-bonds encourage loyalty while also attracting new customers.

“Eden is synonymous with innovation and community, which makes it a great fit for crowdfunding.”

Investors can put in a minimum of £500 and in return get six per cent per annum over the four-year term of the bond. Investments are in multiples of £500 and there is no upper limit. Investing in mini-bonds involves risk. Mini-bonds are unsecured, non-convertible and non-transferable, and it should be done only as part of a diversified portfolio.

7:01am 15th October 2014

Share This Story

Delicious Submit this page to reddit
Suggested articles
burglary

Charities Targeted By Burglars

Shops in Bude were also hit - and collection boxes stolen

heartlands fireworks2

WATCH: Cornwall Crowdfunds For Fireworks

Heartlands is raising money to help keep its bonfire night event free

Most read
dunderhole point

Man Drowns As He Battles To Rescue Dog

A man has drowned near Tintagel during a family holiday to Cornwall

porth beach

Man Dies On Cornish Beach

A pensioner has died after being pulled from the water near Newquay

Top articles

WATCH: Why A Cornish Hospital Is 'Too Unsafe' To Reopen

Cornwall News: Edward Hain in-patients are dragged along the floor on mats if there is a fire

Pirate FM Cornwall News Update - 7th January 2016

Cornwall Video News: Officials say they’re holding talks to find new jobs for hundreds of workers in Bodmin.

Prime Minister urged to speed up Brexit by Conservative ex-ministers

National News: Tory former Cabinet ministers have ramped up pressure on Theresa May by presenting her with a "Brexit Blueprint" to take the country out the EU in less than two years.

Business Cornwall News - Friday, 18th December 2015

Business Cornwall News: Cornwall is spearheading reform of the Uk’s business licensing laws following a a year-long project.

Angelina Jolie and Brad Pitt 'reach temporary custody deal'

Showbiz News: Angelina Jolie and Brad Pitt have reached a temporary custody agreement that will allow the actor to visit his six children, according to reports in the US.

Jamaicans take shelter over category 4 Hurricane Matthew

World News: More than 2,000 people have been moved to shelters in Jamaica as a category 4 hurricane heads toward the island.

Hamilton beats Rosberg to pole at Malaysia GP

Sports News: Lewis Hamilton has reasserted his authority over Nico Rosberg by beating his title rival to pole position for the Malaysia GP by almost half a second.

Man goes to court over right to 'Mona Lisa' passport smile

Strange News: A Frenchman is fighting to overturn a ban on passport photos which show the person smiling, claiming the rule is keeping people depressed.

Newer article

100,000 Drink Themselves Into Hospital In Cornwall

Cornwall News: But the biggest problem drinkers aren't teenagers, according to new statistics

Older article

Bladder & Kidney Cancer Campaign

Cornwall News: Latest research show almost half of us put off going to the doctor if we see blood in our pee

Cornwall's Pirate FMPirate 2Pirate Oldies on DAB Digital RadioEscape to Cornwall radioLoveCornwall.com - The Cornish Business DirectoryPirate Education and Training

 

© Copyright Pirate FM

Pirate FM cannot be held responsible for the content of external links.

Close

We Use Cookies

This website uses cookies to store information on your computer.

By using this website you accept the use of cookies as explained in the terms of our cookie policy.