SCOTTISH brewer Innis & Gunn’s Beer Money’s crowdfund to help finance its major new brewery at Heriot Watt University has reached its target of £3m.

With the initial target met, the campaign has moved into a ‘cooling off period’ for the next seven days and will close at midnight on Wednesday 5 February.

Investors are being given one last chance to back the new brewery. Each investor will have their name displayed on the wall of Innis & Gunn’s new brewery to be built at Heriot Watt University Research Park. Several additional perks are also available such as free birthday pints and discounts across Innis & Gunn’s Brewery Taprooms.

Innis & Gunn Lager accounts for 3 of every 4 craft lagers sold in Scottish supermarkets and is one of the UK’S most successful international craft beers.

The project will make the largest major brewery in Edinburgh for over 150 years. The university tie-up is the UK’s first major collaboration of this type between a full-scale brewery and a university and will create a centre for brewing studies and applied learning on the world stage. The collaboration will be on par with other famed brewery universities like Weihenstephan in Germany.

The site will bring all production and packaging in house, which will reduce the company’s carbon footprint and create around 30 new jobs.

The brewer successfully relaunched its pubs as Brewery Taprooms this year. The Taproom concept will be rolled out across the UK with two new sites each year for the next three years.

Dougal Gunn Sharp, Founder and Master Brewer at Innis & Gunn said: “Since Innis & Gunn was founded in 2003 our ultimate goal has always been to have our own brewery on our home turf, a brewing focal point for the city.

“We want to put Edinburgh back on the international brewing map, and with this investment secured we’re going to be able to do just that.”

He continued that the company want to thank their fans and said he “can’t wait to welcome you all to the brewery next year for the opening party to share a celebratory pint.”

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