Signalise

Withdrawable Shares

60% raised
5%

Forecast
return

Investors
120
Days left
30
Raised so far
£180,415

Signalise aims to revolutionise the booking of British Sign Language (BSL) interpreters by enabling the development of an innovative online system.

EIS
Match funded
Improving lives
Tech for good

Target
£300,000
Min raise
£100,000
Offer opened
18/03/2021
Closing date
14/05/2021

Match Funded

Win Win

This investment is match funded with an investment of £30,000 from the Peoples’ Postcode Lottery.

Signalise Co-op
Society no. RS004634
Liverpool, UK
Incorporation date: 3rd October 2019

Your money will…

  • Help to revolutionise the booking of BSL interpreters by enabling the development of an innovative online system designed by its users to provide a high-quality service.

  • Give control to Deaf people booking appointments, by ensuring they have confidence in a recognised system that assigns them qualified interpreters.

  • Enable a radical overhaul of the current system, removing exploitative agencies ensuring BSL interpreters get paid a fair wage for their work.

  • Target a financial return Investments in Signalise target a return of 5%. The first £136,900 of investment is eligible for SEIS tax relief, with the remainder eligible for EIS tax relief.

The bigger picture

For the 87,000 UK Deaf BSL users, the ability to access services most people take for granted has become a lottery. Medical appointments, meetings, even parents' evenings can be stressful. Signalise is a co-operative formed of Deaf people and sign language interpreters who are developing a reliable online booking platform that will take control from profiting agencies and keep it with the people who benefit from the service by:

  • Developing a revolutionary online platform that’s designed by its users - Deaf people and interpreters.
  • Creating a cost-effective solution for the public sector and other industries when accessing vital interpreter services.
  • Giving Deaf people confidence when making appointments that they be assigned an interpreter they can trust.
  • Cutting out the ‘middle man’ meaning fair pay for interpreters and extra profits being reinvested into the Social Enterprise.

Where your money goes

It’s your money so it follows that you want to know where it goes and what kind of impact you’re making. Signalise will use your investment to:

  • Create a system that matches more skilled professional BSL interpreters to organisations needing to engage confidently with Deaf service users.
  • Ensure that qualified BSL interpreters get paid a fair rate for their services and that Deaf service users get a high-quality service.
  • Develop and launch this online platform to revolutionise access to interpreters for Deaf people in the UK.
  • Fund staffing costs, training and help generate profits to be invested to create an even better service e.g. adding video interpreting services.

Team

Signalise is a multi-stakeholder co-operative run by its members to provide interpreting to services who need to book interpreters.
https://signalise.coop/

Jen Smith

Director

Jen Smith was an interpreter for 16 years and comes from a Deaf family. Three years ago. She was the first Chair of the National Union of British Sign Language Interpreters (NUBSLI) and her speciality was looking over government contracts and taking part in consultations.

Nicky Evans

Director

Nicky Evans has been an interpreter for over 16 years and established the National Union of British Sign Language Interpreters (NUBSLI) in 2014, which now has around 50% of the profession as members

Wes Mehaffy

Director

Wes Mehaffy as a Masters in Web Design & Content Planning and seven years’ experience of developing business websites and platforms. He has been an interpreter for over 16 years.

Geraldine O'Halloran

Director

Geraldine O’Halloran has been part of the disabled people’s movement for 30 years, involved in unions, politics and campaigning.

Tina Little

Director

Tina Little is based on Merseyside and has been involved in much of the campaigning locally from 2010 when many local health and social care contracts were given to large spoken language agencies to the removal of a local interpreting services.

Jude Mahon

Director

Jude has been an interpreter for over 15 years. She worked in London where she trained as an actress and specialises in theatre interpreting.

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Interest accrual and payment

Shares will start earning interest shares once issued by Signalise. The underpinning business plan aspires to pay 5% to investors from year 1 but the Board can pay less if it deems that the co-operative’s best interest are served by paying a lower sum.

Getting your money out

Signalise is offering community shares which are "withdrawable" shares. These cannot be bought or sold on any market place and are not transferable. Although shares in Signalise are withdrawable, this is at the discretion of the directors, and you may not be able to withdraw the full amount you purchased if Signalise does not have sufficient funds available at the time you want to withdraw.

Investing on behalf of children

Signalise do not currently accept investments on behalf of children.

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Investments offered on the Ethex platform are not readily realisable, which means that they may be difficult to sell and you may get back less than you originally invested. Investments are not covered by the Financial Services Compensation Scheme (FSCS) and returns are not guaranteed. If you are in any doubt, you should contact an Independent Financial Adviser.

Investments offered on the Ethex platform are not readily realisable, which means that they may be difficult to sell and you may get back less than you originally invested. Investments are not covered by the Financial Services Compensation Scheme (FSCS) and returns are not guaranteed. If you are in any doubt, you should contact an Independent Financial Adviser.