Remember 50% of your investment may be recovered against income tax
Project Update (March 2016)
With over £83,000 pledged to our community broadband project during the initial offer period we’ve had a brilliant response to our plans. A huge “thank you” to everyone who has supported the project with investments, commitments to subscribe and offers to help build the network once we get under way.
Although £83,000 is a fantastic achievement it falls short of the target we set in the original business plan. This means that we cannot proceed straight away unless more investment is received or we agree a revised business plan with those people who have already signed up to invest in the scheme.
Of course we have not been idle!
Over the past couple of months we have continued to look at a number of options based around fibre, high performance wireless and a combination of both.
This means that we are confident that we can deliver the promised ultrafast, 100Mbps symmetrical broadband service to every property in the Parish.
We need a few weeks to finalise the details which will be explained at a meeting for investors and subscribers on 17th April, at 3pm in the Arthur Radford Hall. Please put the date in your diary!
Until then, we will keep the share offer open – if more investors and subscribers come forward the broadband network will be easier to deliver so please continue to invest and promote the project to your friends and neighbours.
Investments can be made:
- by completing an application form and sending this to us with a cheque (We get 100% of your investment this way), or
- through the Microgenius web site which is operated by the Community Shares Unit. (Please note that the Microgenius site currently only shows investments that have been made on-line. We have received a lot of off-line commitments so please keep an eye on this page to see just how close to our target we are)
If you missed the launch events here’s a copy of the presentation.
If you live in Fiskerton or Morton and have not received a copy of the community share offer document then please get in touch by email at email@example.com or call 01636-857287 and leave a message with your name and address. We’ll make sure that you have all the information you need.