The Hive Investors Club

Crowd Funding Programme launched at The Hive. Be a part of creating more special spaces that bring people together for business and pleasure at the heart of local communities and you can share in the rewards.

The founders have invested £1.5 million of their own capital. Hive Hubs has no high street bank loans and does not operate with overdraft facilities. It has a small residual bounce back loan and two small lease finance contracts on equipment. Annualised turnover is about to touch £1 million with modest profits at each operation. When our third operation on The Pantiles in Tunbridge Wells opens, turnover will double to £2 million. Due to the nature of the physical environments that we create, our ‘symbiotic’ sustainable business model is capital intensive before each operation opens and becomes cash-flow positive; and because of the level of demand and therefore the rate of growth, we have decided to crowdfund to create a funding pot for projects and to further finance for infrastructure as the group grows.

Hive shareholders club card

Stakeholder privileges in return for buying shares through our EIS scheme. Our growing eco-local group of sustainable spaces across the Kent and Sussex border (two in Cranbrook, two in Flimwell and two in Tunbridge Wells) are designed to

  • Bring people of all ages and nationalities together (our Anglo-Greek family embraces multi-cultural connections)
  • Stimulate local business and economies
  • Regenerate town centres
  • Innovate in rural areas
  • Restore historic properties
  • Offer work and social environments that improve mental health
  • Support not-for-profit organisations
  • Provide employment opportunities (with particular emphasis on mentoring and training young people)

Round 1 fundraising

To invest in the expansion of our activities we are selling 25,000 shares for £10.00 each through the Hive Shareholders Club, our Enterprise investment Scheme (EIS) to create phase 1 of our growth fund.  This means that should you decide to buy shares you will benefit from various forms of tax relief. Minimum investment £500.00 per person.

Round 2 fundraising

To create more town and city centre spaces we are selling 75,000 shares for £15.00 each through the Hive Shareholders Club, our Enterprise Investment Scheme (EIS) to create phase 2 of our growth fund. This means that should you decide to buy shares in our second round of fund raising you will benefit from various forms of tax relief. Minimum investment £3,000.00 per person.

Be a part of it. Join us on our journey to create more special spaces and to help us make the most of the ones that are already open and in return you will receive lots of benefits

  • Your Hive shares certificate
  • Income & Capital Gains Tax Relief – see below for further information
  • 20% off food and drink at any of our outlets
  • Discounts and benefits though our partners’ programme – link to partner discounts
  • Your own dedicated secure internet connection across our locations
  • Priority invitation to our events (notification 48-hours before other members)
  • Regular updates on what is happening

If you would like our Managing Director to give you a tour of our sites and to speak with her about our crowdfunding programme before deciding, please email or call Emma on emma.smith@hivehubs.buzz or 0800 0219 111

About the Enterprise Investment Scheme

Through the Enterprise Investment Scheme (EIS) eligible investors can claim up to 30% income tax relief on investments up to £1 million per tax year.

EIS is an established UK Government Scheme designed to help smaller companies, often in their infancy and therefore classed as higher-risk, raise investment by offering investors Income and Capital Gain Tax relief as an incentive, when they buy new shares in those companies.

Key benefits of EIS tax relief when you purchase shares in Hive Hubs.

Income tax relief

Up to 30% income tax relief on investments up to £1 million per tax year.

Loss relief

If your shares are sold at a loss, you can elect for the loss to be set against any income tax for that year or the year before.

Capital Gains Tax disposal relief

Any gain is Capital Gains Tax (CGT) free if the investment is held for at least the last 3 years.

Advisor and administrator of the Enterprise Investment Scheme for Hive Hubs Group

Hilden Park Accountants  https://www.hildenparkaccountants.co.uk/

Under the direction of Paul Matthews – Managing Director https://www.hildenparkaccountants.co.uk/team/Paul_Matthews_FCA/

If you would like to understand how the Enterprise Investment Scheme works in more detail and what the Hive Hubs Group is aiming to achieve, please contact him directly