Thursday 1 August 2013

Following our visit to London to present to the SIB Group (Social Investment Business) as part of our application for support funding for the project, we are delighted to advise that this has been successful! There will be the usual due diligence checks and other conditions to satisfy but recognition of Fibre GarDen as a worthy community project by The SIB Group is of immense importance and we very much look forward to working with them and their representatives.

The funding, part grant and part loan, equates to approximately £200 per property in the two Dales and brings the total funding raised so far to £435,000 for the network build. In addition to this we have previously raised some £28,000 to cover startup costs.

Now it is over to you as members of the Garsdale and Dentdale communities. As soon as the new company registration certificate arrives for the Co-operative, we will be able to launch the share offer which will be your opportunity to invest in your community project to secure super fast broadband, via fibre optic cable, to your property.

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