Project Bula!SM Funds & Marketing
Only a few years ago, such things as the commercialization of the non-profit world would have seemed incongruous to many of us. But it is a reality. Decreases in government and contributed funding have forced non-profits into the business of "selling" what they are trying to build or rescue.
asset is the compelling nature of Project Bula !TM It is really quite
astonishing how this need continues to capture the attention, imagination
and, above all, desire of family, friends and complete strangers to build
a school so that children in a rural area of Fiji can realize their
dreams. To list some of our strengths, we already have:
Project Bula!TM will
develop signature products, where proceeds will be put towards the school
as an ongoing entity. Products will be made at the school where possible
as part of VTET programs.
We are targeting substantial donor support for the construction of Phase I. Approximately 1.25M is needed to commence actual construction, planned for the end of 2009.
We have developed a more modest start-up scenario which builds only the first five buildings in Phase I, plus Inspiration Point and as much of the site work necessary to service the Phase I area. The cost for this reduced scope startup is estimated at $8M, which is the minimum needed to build a viable self-sufficient school campus on the site. We must add the professional fees and soft costs to this construction estimate, plus the amounts needed for administration and fund raising efforts.
Our total goal for donations to enable execution of the plan to the minimum Phase I buildings and site is therefore about $12M USD over a period of about 18 months.
The school buildings and
site for Phase 1 are estimated to cost $12MUSD. Construction soft costs,
services, educational equipment, materials and training, and
administration brings the eventual cost for Phase I to an estimated $17M
USD. This will be a most substantial rural school project for Fiji.
During construction of the new school, we plan the following parallel activities:
- Develop an educational support program with the Ministry of Education and the Provincial authorities and people
- Initiate international and regional programs for teacher and student exchange, using funds from donation programs through participating schools and teacher colleges
We also plan to develop
other supportive ventures as transportation and opportunities for
employment and contracts for the VTEC graduates during their training.
© 2009 The Educational Foundation for the Children of FijiTM