Industrial and Provident Society produces:Business PlanOffer documentInvestment in share capital1stoffer in Q1 20122ndoffer in Autumn - Seed Enterprise Investment Scheme50% tax rebateInvestment rolls out fibre to target premisesCYBERMOOR NETWORK SERVICES
RDPE funding from EuropeDedicated amount for rural broadband projectsCashflow challengesState AidNeeds to be matchedRURAL DEVELOPMENT PROGRAMME FORENGLAND (RDPE)The European Agricultural Fundfor Rural Development:Europe investing in rural areas.
Technology option Finance1. Wireless systemusing light licensedspectrum 5.8Ghz.Share OfferGrant providing the network conforms with state aid guidanceWindfarm GrantLoans1. Upgrade exchanges– working with a CPto provide ADSL2+from the exchange.Share OfferLoansOperator contributionWindfarm Grant1. FTTH – whereCommunity ownthe network andother serviceproviders use it.Share OfferLoansOperator contributionWindfarm GrantFUNDING BY TECHNOLOGY
Private investmentJoint venture with infrastructure providerGuaranteed sign ups and customer contractsSoft loansOTHER FUNDING
Company Ltd by guarantee Easy to set up Not possible to do community sharesCommunity Interest Company Asset lock Recognised as a social enterprise Not possible to do community sharesOTHER STRUCTURES
More partnerships with the private sectorMore partnerships with the community sectorCommunity sharesInfrastructure grantsServices and applicationsFUTURE FUNDING OPPORTUNITIES
Range of funders different activities on a project.Mix of services / applications / infrastructure.Funding cyclicalThink creatively about what aspects of the projectwill appeal to different funders.Work from unsuccessful bids may be useful in forfuture projects.SUMMARY