Gloucester Brewery has launched a £500,000 crowdfunding campaign to brew more beer and open more bars.
The award-winning company has launched the public phase of its £500,000 crowdfunding campaign and it has enlisted the help of Gloucester Rugby Head Coach George Skivington as an early investor and ambassador for the project.
Managing Director Jared Brown said: “This crowdfunding campaign will help us realise some long-held ambitions at the brewery. We want to establish ourselves as one of the leading independent eco-friendly breweries and distilleries in the UK by producing high quality, progressive beers and spirits.
“Closer to home, the money will also help us to further develop Warehouse 4 to include a mezzanine floor that will link into a wedding venue and event space above our existing Fox’s Kiln brewery. We also want to grow our portfolio of bars across the South West.”
Despite the challenges to the industry due to COVID, Gloucester Brewery has recorded very strong financial performances over the last year. In August 2021, revenue was 612 per cent up on January this year and last month, it was up 140 per cent on October 2020.
“This year we are celebrating our 10th year of business and it has been our most successful to date despite the uncertainty of the pandemic. With the help of our supporters investing in Gloucester Brewery Group we can scale even higher heights in the years ahead,” Jared said.
More than £200,000 of the half a million total has already been raised so far thanks to the support of in excess of 150 private crowdfunding investors. The brewery has now opened up the investment opportunity to everyone to raise the extra £300,000.
Campaign ambassador and investor George Skivington said: “I first got to know the brewery as I buy their lager which is a top-quality product.
“For me, there are a lot of parallels between the brewery and Gloucester Rugby, with both of us building things here in the city. They are a great team at the brewery, and I like what they are doing for Gloucester.”
Nik Hill, from Gloucester, who runs popular comedy nights at the brewery and at Kingsholm, has invested in the business. “I have worked with the brewery now since 2016 after they approached me with a view to starting up a comedy night which has gone from strength to strength and I have been really impressed with how they have grown the business, developed their brand and expanded into new markets,” he said.
“Jared is very visionary, and the team has worked very hard to get where they are today. I am from Gloucester, and I couldn’t think of a better use for some of our savings than to invest in the brewery and give something back to a city business doing so well.”
For more information, visit www.crowdcube.com/gloucesterbrewery