UPDATE: February 15, 2019.
The government is staying open and our loan is being processed!
With luck, we’ll be fully funded sooner rather than later (still later than originally planned, but funded nonetheless!).
Thank you for your love, your encouragement, and your support—both emotionally and financially. You have no idea how much that means to us.
The money we received has allowed us keep planning, pay invoices, and breath more easily. Vector Brewing will get open, and we have our Lake Highlands and beer communities to thank for that.
Cheers to you.
WE DON’T WANT THE SHUTDOWN TO SHUT US DOWN BEFORE WE EVEN GET TO OPEN.
Vector Brewing is at a complete standstill, and we’re asking for help.
Without getting too into detail, we managed to 100% fund this project with a Small Business Administration (SBA) loan. This small portion of the government has been shut down, which means we can’t get our money. And if the government doesn’t re-open soon, we won’t be able to open at all.
Unless we can come up with big money in a very small amount of time.
In what started as a frustrated half-joking-but-kind-of-serious Facebook post, Veronica asked for whomever reading to give her a dollar for her birthday to help fund the brewpub.
And people kept asking for her PayPal info.
And then people started sending money.
And then Veronica thought, “Is this crazy enough to work?”
Maybe it is. If you’d like to donate a dollar to help Vector get building and brewing, give some jobs to some folks, and give Lake Highlands a go-to place to eat, drink, and make merry, we humbly accept your help.
where are the dollars going?
Every dollar we get will go into our Vector Brewing, LLC. bank account. Then it’ll go to pay our current invoices. After that, it will pay for everything the brewpub needs.
If the government reopens and we get our loan, the dollars go back to the givers.
Craig and Veronica are not using any Vector money to support themselves and the family. (We should be fine for the next few months … unless we don’t get funded.)
How much money do you need?
Starting a small brewery is expensive. Adding a restaurant component doubles the price.
Here’s a very basic breakdown of what we need to pay for:
Glassware, Plates, Flatware
And so much more.
Costs add up very quickly.
What if the government and the sba re-open?
If the SBA reopens in time and we get funded before it’s too late, we will very happily refund every dollar we’ve been given (after the loan comes in). PayPal makes that easy.
We’re also happy to apply those donations to anyone’s future tab. Donor’s call.
I want to invest. Can I invest?
The short answer is maybe.
Originally, crowd funding was part of our business plan, but the SBA put a halt on that. No SBA, no problem with crowd funding. However, it will take 1-2 months to get that off and running, and we have bills due sooner than that. That and it’s an all-or-nothing deal; if we don’t hit our fundraising goal, we get nothing and we’re back at zero yet again (but any investors get their money back as if nothing happened).
That being said, we’re having conversations with Next Seed about crowd funding. Minimum investment would be $100. Maximum investment depends on your own financials and laws.
Why should I care?
Honestly, you don’t have to. But you scrolled down this far, so here goes.
This is bigger than us. Sure, Vector Brewing is supposed to be a profitable business which helps the Bradleys. But we truly envision this place being for everyone.
We want to host fundraisers for our local schools. We want to sponsor local events like Run the Highlands and Lake Highlands Oktoberfest. We want you to bring the kids on Saturdays and enjoy brunch on our sunny patio. And then after 8, we want to transform into a kid-free zone so you can enjoy your favorite drink with your friends.
Lake Highlands needs more places to go. And our beloved beer community always enjoys having another option!