The crowd has a habit for raising its glass (and opening its wallets) for crowdfunding campaigns offering spirits, beer and wines. Whiskey is the focus of today’s campaign. Scottish whiskey. Think Poet Robert Burns. GlenWyvis Distillery Community Benefit Society, based in the historic Highland town of Dingwall, is hoping to realize its long held ambition to create Scotland’s very first community-owned craft whiskey distillery. Exactly 270 years to the day after the Battle of Culloden, GlenWyvis launched its Community Share Offer on Crowdfunder.co UK to raise over £1.5M of investment that will help to put whiskey distilling back at the heart of Dingwall.
To date, with nine days remaining until the 6:39pm 24th June 2016 close, the campaign initiated by the GlenWyvis Distillery Community Benefit Society has raised over £1,034,035 toward its goal with the help of over 769 investors.
The launch, organized in conjunction with Community Shares Scotland (CSS), will offer investment opportunities for as little as £250 to locals living in all IV postcode areas. This will ensure a high level of local ownership of the distillery, but the Share Offer is also open to whiskey lovers worldwide with investment opportunities rising in tranches* to a maximum investment of £100,000.
Construction of the distillery is due to commence in this month with the first run of whiskey planned for Burns Night 25 January 2017. The distillery will produce craft Scottish whiskey and there are plans for an associated Visitor Centre in the town to be added as part of a wider plan to recreate Dingwall as the Craft Distillery Town of Scotland, and as a quality tourism destination on the North Coast 500 route.
The history: whiskey has been made in Ross-shire and Inverness-shire for centuries and inspiration has been taken from some former distilleries including Ferintosh, Ben Wyvis in Dingwall and Glenskiach in Evanton. The original Ferintosh Distillery was established by the Forbes of Culloden family in 1690, on the Black Isle just east of Dingwall, and is one of the oldest recorded whisky distilleries in Scotland. The new Distillery will re-instate craft whisky distilling to the Dingwall area, some 90 years after the last of the town’s original distilleries closed down.
The plan: the new GlenWyvis Distillery will be built on a farm above the town of Dingwall and will be 100% community-owned distillery and 100% powered by green energy.
“We have a truly winning combination here of a stunning Scottish Highland location, immense historical appeal linking back to Culloden, Burns and Ferintosh and readily available hydro, solar and wind energy to bring this innovative whisky project to fruition,” commented Flying Farmer helicopter pilot John McKenzie shared. “From the outset we have envisaged the project as more than a distillery. It is an opportunity for all social investors to help reinvigorate the historic town of Dingwall. GlenWyvis will be built on its whisky heritage, its community-ownership and its environmental credentials. We have amazing local resources and will be using only local barley from a farmers’ cooperative. There is a real buzz around Dingwall at the moment as our local football team Ross County has just won the Scottish Football League Cup and now we are launching our community-owned distillery. It’s double plaudits all round!”
For more campaign details and financial information regarding GlenWyvis, please click here. Other live campaigns on Crowdfunder.co UK include What A Melon watermelon water, Hastings Pier (stretch goal) and eFOLDi electric folding scooter.
Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!