Qardus is an ethical and Sharia-compliant financing platform for social impact Small and Medium Enterprises (SMEs) and investors. Qardus asserts that the 3.8 million Muslim community in the UK, and 25 million in Europe, is massively underserved when it comes to accessing interest-free (Sharia-compliant) structures. It intends to change this. Qardus offers up to £200,000 in innovative interest-free business financing to eligible SMEs for tenors of up to 24 months and is Financial Conduct Authority (FCA) approved. Qardus points out that it has provided over £250,000 in financing to some high social impact SMEs during the COVID-19 pandemic, maintained a 100% track record with a 0% default rate to date, and featured in media entities like Sifted, Islamic Finance News, Peer-to-Peer Finance News, and Fintech Futures amongst others. It will use 30% of the investment on marketing costs for acquiring SMEs and investors on its platform, 60% on growing its team, and 10% on obtaining additional licenses to expand its services.
days to go:
Expired
investment:
£313,009
Redemption is 100% vegan, gluten free, sugar free and alcohol free bar. They are currently serving around 1000 customers per week in their two restaurants and are keen to replicate that in two new Central London locations.
EIS Pending
days to go:
Expired
investment:
£311,270
Chi make a range of healthy food and drinks including raw coconut water, dairy free coconut milk and coconut oil. Chi is already in over 3,000 UK stores and over 30 countries. They also supply a number of major supermarkets such as Sainsbury's, Tesco, Asda and Waitrose.
days to go:
Expired
investment:
£123,360
StarStock are a drinks marketplace that enable suppliers to sell direct to wholesalers, pubs, shops, bars & restaurants nationwide. StarStock puts the suppliers in control of their products and listings, taking a small percentage of each sale. Suppliers set the prices, while we do the rest, arranging delivery of beers, ciders, wine and spirits.
days to go:
Expired
investment:
£1,343,149
Whey Forward Health make innovative health and nutrition products. Since the launch in 2013 they have sold over 350,000 products. Promixx an original vortex mixer, battery powered, self-stirring protein shake maker, being their first product which is now sold in over 50 countries. They are now looking to launch two new shakes Regenerative and Morning Glory which are repeat purchase products. The investment will create two new websites operating on a subscription model and help them unlock their growth potential.
days to go:
Expired
investment:
£292,399
Naturelly is low in calories and rich in vitamin C, designed to be fun, flavorsome and healthy for children. For every pouch sold a percentage is donated to the charity ''hope for children''. They have no added sugar or sweeteners and are suitable for vegans, vegetarians and for sufferers of all top 14 allergens.
days to go:
Expired
investment:
£50,184
Cheran's Bakery, based in Kent, specializes in crafting sumptuous sweet treats available online and at their expanding chain of five stores. With sales exceeding £1.2 million since inception, they create indulgent and creatively packaged products, baked daily for maximum freshness and luxury. Their high-quality, visually appealing shop designs and 'Instagrammable' offerings have attracted over 24,000 social media followers, amplifying brand recognition, while their focus on delivering exceptional customer experiences fosters word-of-mouth promotion.
days to go:
Expired
investment:
£325,482
Launched in 2017, Algarve Rock is on a mission to put Portuguese craft beer on the map with flavoursome beers that embody local ingredients. The global craft beer market is expected to reach nearly $187 billion by 2025. It has carved a niche for itself in only 18 months of its inception. The 3,000 litre Brew House associated fermentation vessels and auto bottling line allow them to produce 36,000 litres per month, readily expandable to 80,000 litres to meet growing demand. Algarve Rock was the winner of the Best Stout - Trujillo Festival 2018, Spain and is the house brewer for prestigious institutions like Quinta do Lago group and Casa do Frango restaurants in London. With the investment, the company will use 40% to open Algarve Rock-themed Brewbars and Brew kiosks, 10% in increasing exports especially to the UK and USA, 10% in strengthening brand identity, 15% in recruitment procedures, and 25% in increasing brewing capacity to cater to new markets.
days to go:
Expired
investment:
£281,607
Delhop are looking to pioneer local deliveries. They have developed an app for independent restaurants which helps them manage their deliver service using cutting edge technology and a fleet of trained drivers. Delhop are aiming to become a market leader in providing technology driven, highly reliable and cost effective food delivery logistics throughout the UK.
days to go:
Expired
investment:
£104,040
Blending classic London heritage with modern brewing methods to create innovative styles of beer. Anspach & Hobday is a multi-award winning brand that sells its products in UK retailers and exports to 11 countries worldwide in various containers such as kegs, bottles, casks and more recently, cans. Sales rose from £195k in 2017 to £249k in 2018, a YoY growth of 50%.
Anspach & Hobday is nearing its capacity and is raising funds to increase production threefold and extend their taproom to meet demand. In addition, the company is planning to expand its range of beers and the number of retailers listing their products.
days to go:
Expired
investment:
£526,250
