It was our first experience with the crowd-sourcing model and it confirmed that when people come together good things can happen. We are pulling together some great video material into documentary format, but here's a sneak peak clip.
We are deeply grateful to those who contributed to the ThundaFund campaign which raised 42,700 ZAR in only 30 days. In the spirit of transparency we'd like to show how the resources you contributed were spent in covering 40% of the expenses incurred in the areas of management, safety, environment and communications.
The full cost of this event was 105,799.29ZAR and the Observatory Improvement District (OBSID) contributed the outstanding amount; most of it in-kind by covering cleaning, security and a lot of the marshals' organisation and management with their existing infrastructure. A detailed breakdown is available upon request.
The lesson here is that for Open Streets to grow organically and sustainably, there is a need for us to identify local partners like OBSID who are willing to co-own (and co-fund) the programme and make it part of their own agenda. We are in conversation with another Improvement District about possible Open Streets there in 2014, and look forward to talking with more. We expect that over time businesses will come on board with Open Streets as they experience the significant increases in trade that Open Streets can bring. We also hope that as individuals become aware of the benefits that communities can get from using streets differently, they will contribute again to crowd-funding. And as local government departments learn of the benefits of Open Streets to economic development, social development, sustainable transport, and events and tourism agendas, we are getting more and more positive encouragement there. We hope that will turn into funding soon, so that we can roll out more Open Streets in 2014.
All in all, then, the 2013 funding lessons for Open Streets seem to be about building partnerships, and crowd-funding is a key part of that. Thanks for your support! Without you, it would not have been possible.