Another week, another crowd-funding campaign. This time, an independent brewery named Five Points in the heart of Hackney.
The crowdfunded money will be put to good use: helping expand UK distribution and develop an export business. It’ll also fund the brewery’s first taproom at the Pembury Tavern as well as being pumped into new brewhouse gear and fermentation tanks which could as much as triple production capacity from 2 million to 6 million pints a year.
Founded by two locals, the Five Points Brewing Co was the first UK brewery to be an accredited Living Wage employer.
‘We founded Five Points in the heart of East London with a commitment to the community, and the prospect of inviting the community to join us on our journey is really exciting,’ co-founder and MD Ed Mason said. ‘What we love about crowdfunding is the ability to welcome on board hundreds, maybe thousands of passionate beer lovers who will be literally invested in the success of our company.’
At present, the brewery is struggling to keep up with high demand after reaching capacity in late 2016. Since then, some of the beer has been brewed with an independent family-owned brewery in Belgium. If successful, crowdfunding will bring brewing back to Hackney.
Minimum investment is just £10 and can be made from 9 March.