Media House International Ltd
Search Media House InternationalFollow Media House International on TwitterFollow Media House International on LinkedIn
Media House International

The MHI team are working as normal during the global pandemic and can be contacted by email or mobile.

  • Jack Irvine:+44 (0) 7860 457456
  • Ramsay Smith: + 44 (0) 7788 414856
  • Gary McQueen:+ 44 (0) 7834 694609
  • Lorna Gardner: + 44 (0) 7813 193618
  • Ibrahim Khalil:+ 44 (0) 7943 759 042
  • Caroline Middleton Gordon: + 44 (0) 7759 258844
  • Rebecca Durnin: + 44 (0) 7801 821556
  • Felix Arbenz-Caines:+ 44 (0) 7979 046 378
  • Kristine Baekgaard:+ 44 (0) 7367 616211
Scottish renewables left behind due to lack of investment, MSPs told
A decades-long failure to invest has left Scotland struggling to compete with other nations... more >
Edinburgh architectural practice seeks new talent
An Edinburgh architectural practice is actively recruiting for at least two new people to... more >
FinTech Scotland signs partnership with cyber security software firm
Cyber security solutions provider Check Point Software Technologies has become a strategic partner of... more >
New data shows sharpest fall in UK private sector output since May
Business activity across the UK private sector decreased in November, which ended a four-month... more >
Clyde naval base gets new submarine simulator worth £34m
The Defence Infrastructure Organisation (DIO) has delivered a £34m submarine escape, rescue, abandonment and... more >

Share offer launched to fund Scotland’s first community-owned brewery

Plans are underway to build Scotland’s first community owned brewery on the Isle of Eigg, with the launch of a £125,000 community share offer.

Supported by Community Shares Scotland, the offer will fund the creation of a renewables powered brewery on the Hebridean island, with all brewing achieved using energy fuelled by solar power panels. 

Founder Stuart McCarthy, a former secondary school teacher, previously ran a small brewery for five years and now lives on the Isle of Eigg with his wife and children, where they run a 24-bed youth hostel.

“We want to create Scotland’s first environmentally sustainable, cooperative brewery,” he commented. “This feels like a great way to extend the community buyout which took place in 1997 and acted as a showcase for Eigg’s pioneering spirit and commitment to resilience and community ownership. 

“From a tourism perspective, ‘beer tourism’ is on the rise and it is predicted that the brewery will help increase visitor numbers, spending and the wider demographics.”

Community shares in the Isle of Eigg Brewery are priced at £1 and the minimum investment is just £100 – or £50 for Isle of Eigg residents. There are also options for earning tax relief of up to 50% on investments made. The aim is to pay 1.5% interest on investments after the third year. 

McCarthy has pledged that by year three, a quarter of the profits will be used to fund grants for local entrepreneurs who want to take forward their own business ideas.

“We want to help empower business ideas for a sustainable, cyclical, fairer economy and so we’ll create an annual grant to help local business start-ups,” he stated.

Community Shares Scotland, an initiative set up with funding from the Scottish Government and the National Lottery Community Fund to support the raising of money through community shares, has supported almost 400 community groups since the programme launched in 2014.

Morven Lyon, programme manager at Community Shares Scotland, said: “The community shares model is highly resilient, particularly in rural areas of Scotland which might struggle to maintain a private business. 

“With the uncertainty and upheaval which the Covid-19 pandemic has wrought across the country, there appears to be an appetite for socially conscious projects and investment models which deliver a renewed sense of community and local identity.”

Published in Insider -