Cornware successfully raised £37,700 to fund the production of 1,450 cases 1797 days ago. Check back soon for more offers.
Cornware
Cornware is the manufacturer of corn-based, eco-friendly, sustainable packaging and tableware.
Adam Petyt & Rohit Belani, Co-Founders
repaid
Paid back in full on
19 Dec 18
On time
Offer Details
NOW
Already funded!
Earn
5.6%
In 5 months
EquivAlent to
14%
per year
-
Updates & Files
OFFER LAUNCHED: 7th July 2018
Cornware UK launched 2 years ago with a mission to sell high-quality, customizable, biodegradable tableware with a low-carbon footprint. Today they are selling in a range of high-profile outlets.
They are doing a production run. They are making 1,450 cases of their lunch boxes and burger boxes. The cost is £37,000.
You can fund their production here. Cornware are offering to repay in just 5 months plus 5.6% profit or 6.1% PRIME. That's an annual equivalent rate of up to 15.3%. You'll also become a Friend of the brand.
Cornware UK launched 2 years ago with a mission to sell high-quality, customizable, biodegradable tableware with a low-carbon footprint. Today they are selling in a range of high-profile outlets.
They are doing a production run. They are making 1,450 cases of their lunch boxes and burger boxes. The cost is £37,000.
You can fund their production here. Cornware are offering to repay in just 5 months plus 5.6% profit or 6.1% PRIME. That's an annual equivalent rate of up to 15.3%. You'll also become a Friend of the brand.
UPDATE
Offer Details
NOW
Already funded!
Earn
5.6%
In 5 months
EquivAlent to
14%
per year
-
what's being funded?
Lunch Boxes & Burger Boxes
1,450 cases funded by 73 backers
EARN OVER 5.6%FUNDED£37,700- Base element is corn starch
- 100% biodegradable
- Low cost
- Can withstand temperatures of -20 to 120 degrees celsius
- Robust & durable
-
The Proposal
2018 was the year that the war on plastic packaging hit the mainstream in the UK.
Cornware UK Ltd has been at the forefront of the boom. In the last 12 months the company achieved sales of approximately £300k and is forecasting sales of £1.2m in the next 12 months.
New customers have been won including Silverstone Circuit. In response to this demand Cornware is manufacturing 1,450 cases of its popular lunch boxes and burger boxes.
Lunch boxes can hold 1,000 ml and are packed 200 units per case. Burger boxes are packed 500 units per case. Each case costs approximately £26.00 to manufacture.
65% of this product has been pre-sold. The remaining 35% is expected to be sold 3-4 weeks after the stock arrives to repeat customers.
Cornware are offering you the opportunity to fund this production. In return you can earn 5.6% profit for Standard investors or 6.1% PRIME in just 5 months. That's an annual equivalent rate of up to 15.3%.
You'll also become a Friend of the brand.
LocationLondon, EnglandProducerAdam Petyt & Rohit BelaniAmount£37,700Duration5 monthsProfit5.6% standard or 6.1% PRIMERepay date19th December 2018Security1,450 cases of Cornware -
Where’s It Selling?
The Producer
Cornware UK was founded by business partners Adam Petyt and Rohit Belani in 2015.
They were inspired by the example of Singapore.
Adam lived as an expat in Singapore in 2014 managing an events and hospitality business. Rohit is Singaporean and founded an education and training business there.
Together they saw how advanced the sustainability movement was and realised it would inevitably spread to other countries.
This led to founding Cornware UK Ltd, a business dedicated to bringing corn starch-based, biodegradable, plastic-alternative packaging to UK tables, kitchens and eateries.
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