With £100,000 raised in just eight days, this round of funding is now closed. Congratulations Boundary Brewing!
The recent Irish craft beer boom has seen no shortage of novel methods of raising the funds necessary to get a new brewery off the ground. Those of us with bottles of Beoir#1 DIPA will remember Black's of Kinsale's Indiegogo project, and a succession of breweries and cider makers have made use of LinkedFinance to crowd-source loans, most recently Eight Degrees. Belfast-based Boundary Brewing is taking a different approach again and has established itself as a co-op, fully owned and operated by its shareholders. And from 1st December 2014 the founders are offering you the chance to become part of the project.
£70,000 is the total amount the board is hoping to raise with the initial share offer. Shares in Boundary are not subject to speculation and cannot be traded; once purchased they can be held or sold back to the co-op after a minimum period of three years. At the three year point if the business is profitable the first dividends will be paid to investors, as well as interest on each investment.
There are two levels of membership available to investors: the minimum investment is £100 which makes you an "ordinary member" whereas an investment of £250 or above grants "supporter member" status. Members have a vote at the AGM and may run for election to the Board of Directors. Organisations may also be members of either rank, though still only have one vote in decisions.
In order to be successful, every brewery needs beer enthusiasts behind it, and Boundary certainly has that. Matthew Dick is well known on the Irish homebrewing scene as the founder of the Belfast Homebrew Club and was a driving force behind the Brewbot project. Co-founder Matt Scrimgeour is a co-operative enthusiast who believes there is lots more space for ethical, principled businesses that operate democratically and value people over profits.
Fundamentally, Boundary is not setting out to make safe mainstream beer for the lowest common denominator of drinker. The company will be taking inspiration from Belgium and the United States for its recipes, to make high quality, bold flavoured beers.
Boundary hopes to have raised the target £70,000 by Monday 5th January 2015, at which point the initial share offer will close.
On the 14th and 15th of November Beoir will host a meeting of the European Beer Consumers Union for the first time. 30 delegates from eleven different countries across Europe will gather in Dublin for two days of debate and discussion covering a number issues of relevance to beer drinkers.
Among the topics is the current status of European Union Directive 1169/2011 concerning the information which should be made available to consumers on beer packaging. The EBCU has long deemed the current situation unsatisfactory, as producers are not obliged to list the ingredients of beer, nor the place of production. Both of these elements are essential if the consumer is to make a truly informed choice about the beer they drink.
Beoir wholeheartedly supports the EBCU's campaign to have ingredients and place of production made mandatory on beer labels, and salutes those Irish craft breweries who already have this information visible on their products.
The EBCU was founded in 1990 by three beer consumer organisations: CAMRA (UK), PINT (Netherlands) and Zythos (Belgium). It has since grown to thirteen member groups with a combined membership of over 200,000 people. Beoir is the newest member of the group, joining in 2012. Two plenary meetings of the delegates are held every year.
The Dublin meeting will be the 50th since the EBCU's foundation and delegates will be visiting two of Dublin's independent breweries: The Porterhouse and JW Sweetman. Alfie Byrne's pub and L. Mulligan Grocer will also feature in the social programme for the weekend.
More information on the aims and work of the EBCU can be found on its website at www.ebcu.org.
This table has been created as an at-a-glance guide to the various beers and ciders produced by companies based in Ireland. A tick denotes that this brand's products qualify as Irish Craft Beer or Cider, that is: produced on the island of Ireland by an Irish company which makes less than 20,000hL per year.
Last update: 18th December 2014
Also Known As
|12 Acres||Contract Brand||Brewed at Black's|
|12th Abbey||Contract Brand||Brewed at Brú|
|5 Lamps||Microbrewery||Company mostly owned by C&C. Lager brewed at Eight Degrees.|
|9 White Deer||Microbrewery|
|Armagh||Artisan Cider Maker||Carsons, Maddens, Mollys|
|Apple Farm||Artisan Cider Maker||Con's|
|Baile||Contract Brand||Brewed at Eight Degrees|
|Barrelhead||Contract Brand||Brewed at JW Sweetman|
|Beoir Chorca Duibhne||Microbrewery||West Kerry|
|Big Hand||Contract Brand||Brewed at Trouble|
|Blackstairs||Contract Brand||Brewed at Brú|
|Brewtonic||Contract Brand||Brewed at Rascal's|
|Brown Paper Bag Project||Contract Brand||Brewed at various breweries in Ireland and abroad|
|Burren||Microbrewery||Curtin's, The Roadside Tavern|
|C&C||Multinational||Bulmers, Magners, Clonmel 1650|
|Carrig||Microbrewery||Lager and Rowers Red brewed at Bo Bristle|
|Clanconnel||Contract Brand||Brewed at Hilden|
|Cloughmore||Contract Brand||Brewed at Whitewater|
|Cider Mill||Artisan Cider Maker||Cockagee|
|Clear Sky||Contract Brand||Fulcrum||Brewed at Hilden|
|Costello's||Contract Brand||Brewed at Trouble|
|Craigie's||Artisan Cider Maker|
|Dan Kelly's||Artisan Cider Maker|
|Diageo||Multinational||Guinness, Smithwick's, Harp, Macardles|
|Dingle||Microbrewery||Tom Crean's||Brewed at the Dingle Brewery and abroad|
|Dooliner||Contract Brand||Brewed at Carlow|
|Dovehill||Artisan Cider Maker|
|Dublin Brewer||Contract Brand||Brewed at Independent|
|Four Provinces||Contract Brand||Brewed at Trouble|
|Franciscan Well||Microbrewery||Owned by Molson Coors|
|Glens of Antrim||Microbrewery|
|Heineken||Multinational||Murphy's, Beamish, Rising Road, Cute Hoor|
|Highbank||Artisan Cider Maker|
|Kerry Brewing||Contract Brand||Gnéas||Brewed at Rascal's|
|Kilmegan||Artisan Cider Maker|
|Kinsale||Contract Brand||Brewed at White Gypsy|
|Little Island||Contract Brand||Kenmare||Beer brewed at Brú. Cider made at Armagh Cider.|
|Llewellyn's Orchard||Artisan Cider Maker||Double LL|
|Long Meadow||Artisan Cider Maker|
|Longueville House||Artisan Cider Maker|
|M & J Gleeson||Large Cider Maker||Devil's Bit, Adams|
|Mac's||Artisan Cider Maker|
|MacIvor's||Artisan Cider Maker|
|Marks & Spencer||Contract Brand||Irish Stout brewed at Carlow|
|Mountain Man||Contract Brand||Brewed at 9 White Deer and Eight Degrees|
|Mourne||Contract Brand||Brewed at Whitewater|
|Muckish Mountain||Contract Brand||Brewed at Eight Degrees|
|N17||Contract Brand||Brewed at Black's|
|O'Shea's||Contract Brand||Brewed at Carlow|
|Orpens||Contract Brand||Made at C&C|
|Pitt Bros||Contract Brand||Brewed at 5 Lamps|
|Red Hand||Microbrewery||The Brewer's House|
|Rye River||Microbrewery||McGargle's, Solas, Colgan's, Crafty|
|Scotts||Contract Brand||Made at Armagh Cider|
|Station Works||Microbrewery||Owned by Cumberland Breweries|
|Stone Barrel||Contract Brand||Brewed at various breweries in Ireland and abroad|
|Stonewell||Artisan Cider Maker|
|Tempted?||Artisan Cider Maker|
|Toby's||Artisan Cider Maker|
|Wicklow Wolf Brewing||Microbrewery|
Members of Beoir are currently voting to elect a Chair for the coming membership year, 2014-15. While the roles of Treasurer and PRO are uncontested, these elections represent the spirit on which Beoir was founded: it’s the membership that makes things happen.