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Vehicles and Transport

TRIPLE TREAD

Status: Expired

Aug 31st 2016 - Sep 30th 2016

Triple Tread is a tricycle that has been designed for people who lack the balance to ride a bicycle or that have neurological illnesses such as MS and are therefore unable to ride a bicycle. The Triple Tread was designed to look similar to standard bicycles and uses many standard components.

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More from Vehicles and Transport

BMM Networks is a company specialising in providing electric vehicle charging solutions throughout the UK. Currently, there are about 250,000 electric vehicles (EV) in the UK, with the hope that it will increase to 1 million by 2022. But this transition requires dependable and safe On-Street and Workplace charging stations. The UK Government, through the Office for Low Emission Vehicles (OLEV), has dedicated over £900 million of funding to expanding EV usage, of which £500 million is in scope for the BMM charging point business model. With the help of its delivery partner, BMM Energy Solutions Limited, BMM Networks has engaged with several local authorities to develop charging solutions. The company is one of the 10 approved framework providers for OLEV funded projects. Within this setup, OLEV will fund 75% of the installation cost or £5,000 for each charging point, leaving BMM to fund the balance of £1,250 per charger. This will enhance the coverage of charging points thereby boosting EV sales. The company is seeking £1.375 million of equity funding to boost its brand identity and business opportunities.

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72%

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pledged: 0% days to go: TBC investment: Withheld

  • £10,770
    pledged
  • 8%
    of goal

    £120,000
    target

    £599,856
    pre-money valuation

    16.67%
    equity available

    51
    investors

    £211
    pledge per investor

    08749518
    company number

    Active
    company status

    Equity Calculator
    Investment
    £
    Equity
    %
    Previous Funding rounds
    31 Aug 16 Crowdcube £10,770 / 9%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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