The Five Points Brewing Co, an independent brewery in the heart of Hackney has launched its first round of crowdfunded investment, offering you the chance to become a Five Points Funder and receive shares in the business. The funds raised will be used to meet growing demand, accelerate growth and bring everything back to where it all began; the brewery based on the landmark ‘Five Points’ of Hackney.
The crowdfunding campaign is live on Crowdcube, with a target to raise £750,000 of investment. The money will be used to open the first Five Points Taproom at the iconic Pembury Tavern, as well as investing in state-of-the-art new brewhouse equipment and fermentation tanks which will triple production capacity volume, and which they hope will allow them to meet their ambitious plans to increase sales from 2 million to 6 million pints a year (34,000 hectolitres). A new research and development brew-kit at The Pembury Tavern will also be used to develop new recipes and research innovative brewing processes.
The fundraising will also mean investing in their growing team as well as expanding UK distribution and developing their growing export business. The Five Points Brewing Co was founded by two local Hackney residents who have always strived to invest in their local community as well as their business. Five Points was the first brewery in the UK to be an accredited Living Wage employer, it sources electricity from 100% renewable sources and helped set up an apprenticeship scheme for young, aspiring brewers at Hackney Community College. This is what the Five Points team have continuously aimed to create; tasty beer brewed with the highest standards of quality and a company ethos which is accessible and inclusive to everyone.
The decision to seek investment comes as the brewery is struggling to keep up with high demand. They reached capacity in late 2016 and have since been brewing some of their beer with an independent family-owned brewery in Belgium. This investment will enable the brewery to treble production capacity in Hackney and bring back all brewing production to London. Crowdfunding will also allow Five Points to open their first taproom, allowing this long-cherished ambition to become a reality.
As part of the crowdfunding campaign, Five Points is offering a number of exclusive rewards for investors, ranging from free birthday pints, to up to 25% discount in their taproom and online, and exclusive shareholder invites to brewery recipe development and hop-picking experiences, as well as investors receiving shares in the company.
The minimum investment is just £10, and the campaign is open until until Sunday 8th April.