Fizz Rewards for Hambledon Investors
Hampshire vineyard Hambledon has raised £2.75 million to invest and expand its operations. The company used crowdfunding site CrowdBnk offering English Fizz bonds to investors. They offered mini bonds with a return value of 8% cash per annum, rolled up into a 40% interest payment after five years, and “fizz rewards” which give investors a number of bottles of Classic Cuvée every year during the investment term. The investment will be used to expand Hambledon's output and build up stocks so they can achieve 200,000 bottles a year within 5 years.