Crowdfunding campaign tally exceeds goal in a big way
Surfersvillage Global Surf News, 25 December, 2014 - The crowdfunding campaign to build a man-made surfing lake near Bristol has exceeded its target by £70,000. Organisers needed to make £150,000 for the project, which when built will boast the "world's longest waves."
But The Wave:Bristol, which will cost up to £6m and will be built on greenbelt land outside Easter Compton in Almondsbury, raised £220,000 from 937 backers in just 28 days. Organisers say they are "completely blown away" by the number of people who got behind the project.
As reported in the Bristol Post the proposal to build a Wave Garden has been granted planning permission. Nick Hounsfield, project co-founder, thanked people for their donations and said the team would "make a real legacy we can be proud of".
As well as the "centrepiece" surfing lake, there will be a natural swimming lake, campsite, surf shop and gardens. The £150,000 will also be spent on solar panels for the site’s clubhouse and other environmentally-friendly measures and educational projects.
Two per cent of the money raised will go to the Making Waves Foundation – an independent Charitable Trust that has been set up to fund community projects and charities in the local area.When the site opens a percentage of annual profits will also go to the foundation and the trustees will decide how this is distributed.