Crowd Funding for the ‘ARUP’ Viability Study

The Solent Freedom Tunnel has the potential to create incredible synergised social and economic benefits for the IOW and the Solent region as a whole… read about the scheme

 

Funding for the ‘ARUP’ viability study (read about the study) will not be forthcoming from local government due to its imminent bankruptcy, or central government because the IOW MP refuses to request it. Therefore, public crowd funding is necessary to get this done… and the process needs to be simple. 

 

What do we need?

      • The ‘ARUP’ study is capped at £100,000 plus vat. (£120,000)
      • Periphery costs attributed to legal and professional fees are estimated at approximately £10,000. 
      • The total required is £130,ooo before the ARUP study can initiate.

 

The financial history of the campaign.

Pro-Link has banked with Barclays at St James Square in Newport, from the start of the campaign. The ‘Pro-Link Community Bank account’ was set up on the 23rd March 2015 and since that date, a total of £3,791.16 was donated to the campaign… mainly through a GoFundMe platform. The total outgoings over the whole period till the date of 26th September 2018 had been £1,917.30 with a balance standing at £1,873.86. That residual balance has been added to the ‘ARUP’ study fund.

Pro-Link has managed its finances responsibly

These used funds have paid for car stickers, banners, advertising in the County Press (£600), domain names for the website, stationary, etc and some travelling expenses to mainland locations for meetings. The hosting for this website has been kindly sponsored by islandhost.co.uk since the sites’ inception three years ago. This has been hugely helpful to keep costs to a minimum. The campaign has cost less than £10 a week to get to this stage. An incredible feat in anyone’s estimation. All man hours have been free of charge, from all parties involved. The PRO-LINK campaign has and will always be, for the good of the Isle of Wight as a whole… and not any one individual.
 

What is the best way to crowd fund?

Crowdfunding platforms are easy to manage and donate to, but they charge roughly 3% of the donation in fees. For this reason, Pro-Link is recommending direct bank transfer into the Pro-Link Community Bank account.
 
Direct bank transfer is best

Direct bank transfers offer two advantages over funding platforms. 

      1. All your donation goes to the cause… with no funding platform fees charged. 
      2. If you wish to have your money returned for any any reason before the study is procured, you can.

However, for those who are unable to use a bank account or prefer the ease of credit / debit card, the GoFundMe alternative to donate to … is here
 

How do i get my money back if required?

Its simple… just make sure you use the reference section when you make your deposit, to state your sort code first (six numbers) and then your account number (eight numbers). This will allow Pro-Link to understand which bank account the donation eminated from. Those details will give the opportunity to pay it back if necessary. Anyone who omits these numbers will need to prove the source of the donation themselves, or the money will be donated to WightAid charities. 

The time limit to raise the funds was initially set at 31st January 2019. However:

      • Certain anti fixed link individuals have attempted to sabotage the study fundraising on social media.
      • Potential contributors have complained that just prior to Christmas is an inappropriate time to ask for funding contributions.
      • Many Island businesses have conveyed that Brexit uncertainty has prevented them from contributing to date.

Because of these main factors, the time limit has been removed and the fundraising will continue indefinitely until the full amount has been achieved. The Study funding will certainly be achieved… and the study will go ahead. Without this study, the campaign can not continue… it will be highly doubtful a fixed link will occur at all in the future.
 

How do i donate to the study?
1 / Open the banking App on your device or computer and head to the pay or transfer facility.
2/ Enter the recipient details for your Donation: Pro-Link Community account sort code: 20-60-55 account # 73023761
3/ Enter the amount you wish to donate to the study fund. *Make sure that your bank sort code (6 numbers) followed by your account details (8 numbers) are included in the “reference” section. Then press send.

 

What happens after my donation is received?

The ‘Pro-Link Community account’ is the ‘holding bank account’. When the complete £130,000 is received,  ARUP will be commisioned to perform the study. Once the study has been concluded to the satisfaction of all parties involved, the funds will be transferred from the ‘Pro-Link Community account’ to ‘Able Connections Ltd’. Able Connections Ltd as the ‘client’, will pay ‘ARUP’. At regular intervals, the study fund total balance will be “pin posted’ onto the Campaign Facebook Group.

The faster the funds are raised, the sooner the study can be initiated.

Donators can be anyone or any business… mainland or island based.
 

What if i don’t have a bank account to make a donation?

There are two options:

Contribute using GoFundMe

Use the GoFundMe platform … which will direct donations into the Pro-Link Community account. 

Or:

Contribute using PayPal

             Click the PayPal donate button to make your contribution to the study


The IOW Council leader – Dave Stewart and Cabinet member for transport – Ian Ward, have agreed that the study conclusions will be presented to the DfT by ARUP, PRO-LINK and the IOW Council, in order to request further advanced studies regarding feasibility and planning implementation. Should the fixed link case is proven, the more intensive studies will be requested to be funded by central government.