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Investors

Because B4RNorfolk will be a non-profit we aren’t interested in commercial speculation, so we only extend our network into communities where we’re wanted. Each new area that invites B4RNorfolk in needs to raise the investment to cover the work and materials required for their area’s installation.

Shares

Every community’s core investment is made up of £1 shares, the value of which can be ring-fenced for supporting the build-out in their area. The shares are an investment, not only do they support the project in that community, but they have tax advantages and will pay a good return. We will make a shareholder prospectus available nearer launch.

While details need to be finalised, the general scheme we are considering is this:
  • Minimum shareholding £100 / maximum £100,000.
  • All shareholders are members of B4RNorfolk. One member one vote.
  • Shares must be held for a minimum of 3 years.
  • Individual investors can claim 30% tax relief (HMRC Enterprise Investment Scheme).
  • After year 3, interest of 5% can be paid out or reinvested.
  • Shareholders choosing to invest £1,500 can claim free connection worth £150.
  • Shares can only ever be sold back to B4RNorfolk at £1 each.

Loans

B4RNorfolk also plan to accept a limited number of 5 and 10 year loans from the community, paying 5% interest. For full details please register an interest.