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Buzzbank

website:http://www.buzzbank.org

Company details

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What does it do?

Buzzbank is an on-line crowd-funding platform to bring social ventures looking for start-up or growth capital together with like minded people keen to fund with small amounts of money. Through Buzzbank, a social venture can connect and engage with a group of supporters to gain a loyal following as well as raise awareness and funds. Buzzbank uses crowd-funding techniques and an engaging set of benefits, including goods/services-in-kind, and loans and revenue participation, to leverage the power of social networking and the internet. Buzzbank is a registered trademark of SellAVenture LLP.

How is it social?

The promotion of Social Enterprise and support for Social Enterprises in the UK and Worldwide.

What is its business model?

 

Its history

Buzzbank is a registered trademark of SellAVenture LLP, a social enterprise funded by the Esmée Fairbairn Foundation, Tudor Trust, CIVA, Lloyd Foundation and private investors. Its Chairman and Co-founder is Michael Norton, OBE, Director of CIVA and author of “365 Ways to Change the World” and co-founder of UnLtd (Foundation for Social Entrepreneurs). CEO and Co-founder Theresa Burton has over 16 years experience at senior management levels for large global organisations where she has spearheaded and led the development of several e-business solutions delivering a range of services and on-line products.

Buzzbank completed raising its start-up funding in December 2009 and started development in January targeting for launch in September of 2010. 

Buzzbank is supported by Brunswick Group, a global communications and public relations firm and Bates Wells & Braithwaite, a leading law firm in the charity and social enterprise sector.

More information

Current shareholders:Esmée Fairbairn Foundation, Tudor Trust, CIVA, Lloyd Foundation.
Chair:Michael Norton
Year of incorporation:2009
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Company snapshot

Company type:LLP
Address:16 Lincoln's Inn Fields, London, GB, WC2A 3ED
Telephone:+44 (0)20 7396 3562
Blog:
CEO:Theresa Burton
Industrial sector:Financial services
Social / Environmental benefit:Ethical finance and investment; Charity and social business/enterprise support;
Certifications:Not Applicable;
Social business sector:Ethical Money;

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