Circular Sailing, the organisers of the Round Britain and Ireland Challenge, are seeking to raise £50,000 through crowdfunding.

The Round Britain and Ireland Challenge is a new ‘pay to crew’ yacht race to be held three times a year. Competitors are free to join the race for any length of time, from a single leg lasting just a few days, to the full 2,500 mile course.

Circular Sailing has invited interested investors to submit their investments via the Funding Tree crowdfunding website. For a minimum investment of £50, investors may receive an 8 – 13% return on investment, though this is not guaranteed.

Dillen Iyavoo, chief executive and founder of Funding Tree, said: “With a minimum investment of just £50, Funding Tree is giving investors both large and small the chance to invest in start-ups and growth-stage companies, and providing British business with a comprehensive alternative to conventional bank finance.”

“With a highly qualified and experienced management team, and thousands of affluent potential customers, Circular Sailing is set to make waves. Investors can share in its success by lending to the company.”

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For more information on Crowdfunding platforms, please visit the Your Money guide ‘How to invest in an online Dragons’ Den‘.