Cool2Care CIC have secured a £500,000 investment from a consortium of investors comprising of Big Issue Invest, CAN Breakthrough and Venturesome.

In this interview Cool2Care CEO Phil Conway and Big Issue Invest director of investments Ed Siegel discuss the details of the deal.

The fascinating discussion covers the terms of the investment, investor/investee tensions, the differences between debt finance and equity as well as the costs and benefits of the community interest company legal structure.

Watch out for the second part of the interview which discusses the requirements needed to put such a deal in place.