This document discusses various options for funding a rural broadband network, including raising money through community share offers, grants, loans, and partnerships with other organizations. It outlines the industrial and provident society structure used by Cybermoor Networks to issue community shares and democratically run the network. The document also examines potential funding sources like the Rural Development Programme for England, and opportunities for future funding through expanded telehealth, telemedicine, and other applications that could partner with private and community groups.

1. FUNDING THE NETWORK

2. Organisational Structure
Technology
Types of finance Loan / Equity / Bonds
FINANCE MIX

3. Industrial & Provident Society
Runs fibre optic network
Raises money through grants / community shares
CYBERMOOR NETWORKS

4. Victorian legislation
Democratic - 1 member, 1 vote
Minimum investment £100
COMMUNITY SHARES - HOW IT WORKS

5. COMMUNITY SHARE OFFERS

6. Industrial and Provident Society produces:
Business Plan
Offer document
Investment in share capital
1st
offer in Q1 2012
2nd
offer in Autumn - Seed Enterprise Investment Scheme
50% tax rebate
Investment rolls out fibre to target premises
CYBERMOOR NETWORK SERVICES

7. RDPE funding from Europe
Dedicated amount for rural broadband projects
Cashflow challenges
State Aid
Needs to be matched
RURAL DEVELOPMENT PROGRAMME FOR
ENGLAND (RDPE)
The European Agricultural Fund
for Rural Development:
Europe investing in rural areas.

8. Technology option Finance
1. Wireless system
using light licensed
spectrum 5.8Ghz.
Share Offer
Grant providing the network conforms with state aid guidance
Windfarm Grant
Loans
1. Upgrade exchanges
– working with a CP
to provide ADSL2+
from the exchange.
Share Offer
Loans
Operator contribution
Windfarm Grant
1. FTTH – where
Community own
the network and
other service
providers use it.
Share Offer
Loans
Operator contribution
Windfarm Grant
FUNDING BY TECHNOLOGY

9. Private investment
Joint venture with infrastructure provider
Guaranteed sign ups and customer contracts
Soft loans
OTHER FUNDING

10. Company Ltd by guarantee
 Easy to set up
 Not possible to do community shares
Community Interest Company
 Asset lock
 Recognised as a social enterprise
 Not possible to do community shares
OTHER STRUCTURES

11. Telehealth – remote patient
monitoring
Telemedicine – video links
for patient assessment
DoH Pathfinder project
NHS TELEHEALTH / TELEMEDICINE

12. More partnerships with the private sector
More partnerships with the community sector
Community shares
Infrastructure grants
Services and applications
FUTURE FUNDING OPPORTUNITIES

13. Range of funders different activities on a project.
Mix of services / applications / infrastructure.
Funding cyclical
Think creatively about what aspects of the project
will appeal to different funders.
Work from unsuccessful bids may be useful in for
future projects.
SUMMARY

14. CONTACT DETAILS
Daniel Heery
Project Manager
Cybermoor Ltd
Alston Town Hall
Alston CA9 3RF
E-mail daniel.heery@cybermoor.org.uk
Phone 01434 382 808
Presentation: www.cybermoor.org