Author Archive

  • Enterprise Investment Scheme (EIS)

    The Enterprise Investment Scheme is an HM Revenue & Customs scheme which enables tax relief to investors of 30% of the cost of the shares. It is designed to help small startups like ours to raise finance. Shareholders must pay enough tax to cover the reliefs and retain their investments for three years to benefit from the tax reliefs. Investors can choose to treat their subscription for EIS shares as if made in the previous ...

    Posted at 23/11/2012 | By : | Categories : News / Blog | 0 Comment
  • Whalley Flood Committee

    Whalley Hydro director Tim Ashworth attended a meeting of the Calder Vale representatives of Whalley Flood Committee Saturday 15th September. The Flood Committee was formed after the June flood when the River Calder overtopped its banks and caused extensive damage to properties in the village. The meeting gave an opportunity to explain the hydro project in some detail and to reassure those present that the scheme cannot in any way increase the threat of flooding in ...

    Posted at 26/09/2012 | By : | Categories : News / Blog | 0 Comment
  • What local support is there?

    Local support for the scheme has been overwhelmingly positive. There is widespread understanding of the need for sources of renewable energy to increase local resilience. More detail in the FAQ section.    

    Posted at 15/08/2012 | By : | Categories : News / Blog | 0 Comment
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