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
news - scam

WATCH: The council tax scam hitting Cornwall

And the top tips on how to protect yourself...

flooding in falmouth

WATCH: Flash floods hit Falmouth

Water was flowing down the roads - in MAY!

Most read
armed robbery hayle

WATCH: Police called to 'robbery' in Hayle

A man has been arrested after massive searches

police officer

Body found in car in west Cornwall

Police are not treating it as suspicious

Top articles

Body found in car in west Cornwall

Cornwall News: Police are not treating it as suspicious

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.

Manchester Arena attack: UK officials 'furious' over US leaks

National News: Theresa May will confront Donald Trump over US leaks of crucial intelligence about the Manchester bombing when they meet at a NATO summit in Brussels.

UPDATE: Body found on popular Cornish beach

Cornwall News: Police say death at Watergate Bay 'isn't suspicious'

Ariana Grande cancels UK shows after Manchester Arena terror attack

Showbiz News: Ariana Grande has cancelled her upcoming UK shows after 22 people were killed by a suicide bombing at her Manchester Arena concert.

Manchester Arena attack: UK officials 'furious' over US leaks

World News: Theresa May will confront Donald Trump over US leaks of crucial intelligence about the Manchester bombing when they meet at a NATO summit in Brussels.

Five reasons for Manchester United to remember Europa League final

Sports News: On an emotional night in the Swedish capital, Manchester United gained much sympathy for the atrocity inflicted on their home city - but a football match also broke out.

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 Extra Footer LogoEscape 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.