With less than two weeks until its equity crowdfunding campaign closes on Crowdcube, indoor climbing brand Boulder Hut has successfully secured its initial £240,000 funding target thanks to nearly 260 investors. The funds raised will go towards Boulder Hut’s its first centre in Ellesmere Port, which is south of Liverpool.
Boulder Hut is setting out to become the first dedicated bouldering centre in the Ellesmere Port area. The company describes bouldering as a shorter, sharper variation of rock climbing, done without ropes, over lower heights and safety matting. It was also noted that there is currently no indoor bouldering centers in Cheshire West and Chester and the nearest dedicated bouldering centre is more than 30 minutes from Chester. The company also stated it is planning to open a new centre every 2-3 years.
“Inspired by the best European climbing walls, and housed in a 17,000 sq ft industrial unit (contract tbc), Boulder Hut will be one of the largest in the UK with over 250 different climbs available, and have separate ‘Boulder Zoo’ and ‘Boulder Play’ areas for our younger customers, as well as offering elite training, coaching, kids clubs and parties. There will also be a cafe serving locally sourced, quality produce, and an extensive shop to get kitted out in.”
Co-founder of Boulder Hut, Samantha Oxford, recently shared:
“We’re super excited to join the likes of Hugh Fearnley-Whittingstall and the Eden Project, by raising equity investment using the Crowdcube platform. For the last 4 years, Antony [White] and I have been working on Boulder Hut – a start-up climbing wall brand which will fill the gap for a bouldering wall that caters for everyone, from birth. We’ve found our first premises, in Ellesmere Port, have change of use planning approval, secured a wall builder, and advanced assurance of SEIS and EIS.”
The funds raised through the equity crowdfunding campaign will be used for start-up assets, including the wall and matting, and for working capital. The initiative is set to close on October 16th.
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