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SCOTLAND’s first community-owned micro-brewery will go from a dream to reality after its founders shattered two crowdfunding targets. The Isle of Eigg Brewery started a fundraising campaign in November in a bid to make the facility the country’s most environment-friendly. Their initial target of £125,000 was reached and breached within a few weeks, so founding directors Stu McCarthy and Ben Cormack set a second target of £190,000 which they said would enable them to fast-track the social and environmental impacts they want it to deliver. By last night, after the last full day of their campaign, they had raised more than £195,000 from more than 600 investors, who bought share packages at varying prices and with different benefits. ....
IT is being billed as Scotland’s first community-owned micro-brewery and it has smashed the £125,000 fundraising target to help make the goal a reality. The Isle of Eigg Brewery started a fundraising community share campaign a fortnight ago and by last night it had raised more than £133,000. Stu McCarthy, its founder and brewer said with two weeks left in the campaign to create the country’s most environmentally-friendly brewery, the team had decided to “stretch” the target by £65,000 to allow them to fast-track the social impacts they believed it could deliver. McCarthy said: “The response to the campaign is breath-taking,” he said. “Almost 400 people have bought a community share. Their backing means they want Eigg Brewery to bring positive change to our local and wider community. I can’t wait to get started. ....
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