Wychwood Festival to trial crowdsourcing funding initiative
Wychwood Festival has opened up the option for loyal fans to buy shares in the event, as a financial safeguard following a summer of failed festivals.
Rights holders of the family event Tribe Festivals Ltd and joint owners of the Cheltenham Comedy Festival, are trialing crowdsourcing as a potential capital stream for a UK festival.
For a one-month period, Tribe Festivals Ltd offer a number of shares of £1000 via the Crowd Cube platform for up to 200 individuals.
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