Cambridge pub and restaurant group launches crowdfunding campaign

25 July 2018 by
Cambridge pub and restaurant group launches crowdfunding campaign

Cambridge pub and restaurant group Cambscuisine has launched a crowdfunding campaign to raise £550,000 to fund its expansion.

The focus will be both freehold and leasehold pubs and restaurants in Cambridgeshire and the immediate surrounding areas

The fundraise coincides with Casual Dining Group chief operating officer James Spragg joining the board as non-executive director.

Managing director and co-founder of Cambscuisine Oliver Thain said: "We love the idea of local people joining our journey and helping us grow and develop the business as they have since our purchase of the Cock, Hemingford in 2001.

"It therefore made real sense to raise with SyndicateRoom, a crowdfunding platform just 10 doors up from the Cambridge Chop House. This opportunity to raise funds will enable us to realise the many potential opportunities and to accelerate the growth of the group."

Spragg said: "I have followed the Cambscuisine business for a number of years and am delighted to be joining their board as both a non-executive director and investor in the business. It has huge potential and a great base from which to build and grow."

Eligible investors in the company can receive 30% income tax relief on their investment, in addition to other tax reliefs that are part of the government-backed Enterprise Investment Scheme.

Syndicateroom members can access the crowdfunding page here:

Get The Caterer every week on your smartphone, tablet, or even in good old-fashioned hard copy (or all three!).

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking