New share offer now open
We are excited to announce phase two of the development of the TreeStation. This will take us to a new level where we can greatly increase our offer of low carbon fuels and sawn timber for Greater Manchester. Success will enable us to process more and more material that would otherwise be wasted, do something about fuel poverty and boost social enterprise and co-operation.
We are seeking a maximum of £230,000 by 31st July 2014 for:
- A biomass-powered kiln so we can boost firewood and sawn timber production, and take advantage of the Renewable Heat Incentive
- Other equipment to improve the processing and delivery of firewood and biomass woodchip
- Improve liquidity and working capital
Full details can be found on our website.
Enterprise Investment Scheme relief is available, so you will get a 30% tax refund on the amount that you invest (assuming you are a taxpayer). But to get this relief you may need to subscribe before 16th July 2014.
These are withdrawable shares that may attract a modest rate of interest, decided by the directors. The shares can be repaid on request at the directors’ discretion, but repayments are unlikely to be granted before 2017.
Interested? Come to our Open Days to fund out more – demonstrations, talks, cake and more.