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FAQ

What products does Collaboration Tools Ltd currently offer?

  1. Town Digital Hub is a social Web platform that empowers local organisations and local people to deliver a safe future for their community.

  2. The prototype Stakeitback app is a Web app to fund small-scale social businesses by selling stakes, redeemable for the original purchase price plus a fixed amount when the business meets a target.

How do your products handle and charge for payments?

  1. Town Digital Hub does not handle payments. It may send a user a link where they can pay a third party, such as for a ticket to a community event.

  2. The prototype Stakeitback app  allows a user to pay in and withdraw from their account via instant card payments (without storing card details), with a 3.5% surcharge to pass on merchant fees. Stake transactions are then balance transfers between accounts, inside the app. Refund and cancellation are unavailable in either case.

How are your products funded?

  1. Town Digital Hub is usually funded for an area by a local government body.

  2. The prototype Stakeitback app charges users a 1% administration fee on stake transactions. An annual charge per locality is also made, usually to a local government body, to support stake issuer authorisation in their area.

Collaboration Tools Ltd

hello@collaboration-tools.com

+44 (0)1373 792233

14 Horn St, Nunney, Frome BA11 4NP, UK
Company registration number: 06485797

Supplier to UK government under Digital Outcomes 6 and G-Cloud 13

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SUPPLIER DIVERSITY

Collaboration Tools Ltd aims to ensure that all relevant, potential suppliers have the fair and equal opportunity to complete for business within our supply chain. This can include micro, small and medium enterprises (broadly those with fewer than 10, fewer than 50 and fewer than 250 employees respectively), social enterprises, local vendors (where local is defined by the scope of the contract), and enterprises that are majority owned and controlled by minority groups including, but not limited to, ethnic minorities, immigrants, women, LGBTQ+ people, armed forces veterans and people with a disability.

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SLAVERY AND HUMAN TRAFFICKING STATEMENT

Collaboration Tools Ltd is committed to ensuring transparency within our business and supply chain; and ensuring our approach to tackling modern slavery and human trafficking is consistent with our disclosure obligations under the Modern Slavery Act 2015. We endorse the implementation and promotion of ethical business practices to protect our staff from abuse and exploitation and expect the same high standards from all our contractors, suppliers and other business partners. As part of our contracting processes, we include specific prohibitions against the use of forced, compulsory or trafficked labour, or anyone held in slavery or servitude, whether adults or children. We expect that our suppliers will hold their own suppliers to the same high standards.

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©2022 by Collaboration Tools Ltd

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