For the first time in Australia, everyday Aussies have the chance to buy shares from as little as $100 in an award-winning Aussie brewing company and brewhouse.
Launching today, Endeavour Brewing Co. launches Australia’s first ever brew raise on leading Equity Crowdfunding platform Equitise.
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Founder and CEO, Ben Kooyman, was keenly awaiting the latest equity crowd-funding legislation to pass which lets proprietary companies raise from the crowd.
Within days of the law passing, he’d jumped at the chance to accelerate his Equity Crowdfunding campaign, giving beer lovers the chance to invest in an Aussie beer company and brewhouse where they can enjoy and sample their investment.
Established eight years ago, proudly Australian and 100 per cent independent, Endeavour Brewing Co. began with the backing of three blokes and 35 mates, creating a community of beer lovers, before equity crowd-funding existed.
With double digit growth year on year since inception, they have now sold over 6.7 million beers.
Endeavour Brewing Co. recently opened their first microbrewery bar and restaurant in The Rocks Sydney in collaboration with Applejack Hospitality. Investors in the Equitise raise will have an Endeavour home base, where they can state claim as a shareholder in one of Sydney’s leading tap rooms.
With a stretch target of $2.3 million from the crowd, Endeavour Brewing Co. are aiming to fund aggressive expansion plans and move away from outsourcing the bulk of their beer production, by building their own world-class production brewery and wholesale manufacturing facility.
Also planned is the opening of more Endeavour Brew Bars and investigating export opportunities to South East Asia and beyond.
Mr Kooyman said he can’t wait to have new investors on board that are everyday Aussies that love beer.
“We hand-picked Equitise to do an Equity Crowdfunding campaign, not just because they’re the best platform in Australia but we both share the same ethos to allow the “crowd” of everyday punters that want to be a part of an Aussie success story to invest and become part of a movement,” he said.
“Instead of turning to traditional venture capitalists we want to open up shares in our business to create a community of fellow beer lovers and enthusiasts who can join us and experience the success of our once small idea and now big Aussie business.”
Founder and Managing Director of Equitise, Chris Gilbert said it was an instant yes after meeting the Endeavour Brewing Co. team.
“We’re stoked to have Australia’s first brew raise on the Equitise platform, it’s great to see thriving small businesses turn to everyday Aussies to invest and become part of the business early on, standing to profit if the business continues to thrive. It lets people invest in what they love and be privy to exclusive perks and experiences, this is what Equity Crowdfunding is all about. And what’s more Australian than owning part of a brewery?” he said.
Internationally brew raises have been some of the most successful equity crowdfunds, proving
To invest head to: www.ownabrewery.com