BFOE’s community share offer closes on June 2nd

Birmingham Friends of the Earth own The Warehouse in Digbeth, operating it as a not-for-profit business whilst campaigning for the improvement of the local environment. They want to raise investment capital to refurbish their building, which will lead to an increase in the financial, social and environmental value of that space:

  • there will be more space to let that is of a higher quality; this will allow them to increase the amount of space they provide and to maintain or increase the amount they charge per square foot for that space;
  • they will be looking to exceed the legal requirements (Building Regulations Part L) for conserving energy in their building by installing more insulation and more efficient glazing;
  • and they will be more accessible to wheelchair users and people with limited mobility and offer more community meeting facilities. The work will also allow them to reduce administration costs and focus more on meeting their social goals.

See the video and read the well-produced share offer summary complete with plans. Then:

  1. Invest! If you are able to please invest whatever you can between £250 and £10,000. If you have some money in an ISA earning 0.5% interest it could be doing a lot of good. If you know you are going to invest, please do so as soon as possible as this helps them to demonstrate it’s a viable prospect with gathering momentum
  2. Tell everybody you can about it – when you’re campaigning and in your everyday life. Friends, relatives, colleagues, rich uncles – there are a lot of people that would like the chance to make an ethical investment, the challenge they have is getting the word out to enough people. It’s not a donation so they’re not asking people to give them their money, it’s an investment
  3. Support the social media campaignshare, like, retweet anything you see about the share offer – this will help them to reach as many people as possible.

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