We are all acutely aware that the situation in the UK and around the world is extremely challenging when it comes to the outbreak of the Coronavirus and our thoughts are very much with the people affected.
Ethex operates online and as a result we are fortunate that it is relatively straightforward for our team to be able to work from home with minimal disruption. We therefore are continuing to operate our business as usual and are using digital technology to provide our investors and the businesses that are currently raising finance on the platform with high levels of customer support. This is important because the businesses listing on Ethex, and the investors putting money into those businesses, are helping to create a more sustainable world.
We are aware that many of our investors will want to understand the likely impact of the Coronavirus on previous investment raises, as well as current investment opportunities on the platform. In our opinion there will be some businesses that will be affected in the short term but as the majority of our investments are for the longer term we expect that activity on our platform will continue to remain robust as many investors will see this as a good time to invest in order to support pioneering businesses operating in the renewable energy, sustainable transport and agroecology sectors, targeting fair financial returns.
We want to offer our reassurance to the businesses currently raising finance and those that are intending to list offers in the near future that we anticipate that the activity on our platform will remain robust and we will do all that we can to make sure that businesses receive the funding that they need. In the short term this will mean that we will market offers much more digitally than we’ve done historically and also use webinars to engage investors rather than events.
The team at Ethex are here to help however we can and we continue to be amazed at the great community spirit that is being shown in the face of the upmost adversity. We are looking into whether we can utilise our crowdfunding infrastructure to help raise critical funds through donations to key organisations providing support to local communities in this time of crisis. We will let you know further details about this as soon as we can.
We feel strongly that even in the midst of the Coronavirus outbreak that our mission is truly important and that we appeal to our community of investors to continue to support sustainable, community focused businesses that will be vitally important in providing the low carbon sustainable economy that the UK needs when we come out the other side.
We wish our community of positive investors and businesses all the very best during this challenging period.
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The Ethex team are here to help from 9am to 5pm
01865 403 304