Crowdfunding empowers rural broadband

Social enterprise B4RN (Broadband for the Rural North) is aiming to raise £3m through crowdfunding. Supported by Triodos Bank, the bond will pay 4.5 per cent gross interest per year for its seven-year term.

Barry Forde, chief executive of B4RN, said: “By crowdfunding through Triodos we can connect more and more rural properties, which makes a huge difference to everyone living and working in those communities, and local schools benefit from free broadband. I am proud of what we have achieved so far, but through this bond offer I am very excited about our future and the impact we can have for rural UK communities.”

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