We estimate that the costs of the challenge, including entry fees, boat acquisition (less resale value), transportation, equipment, food and training will be in the region of £100,000. In addition, we plan to raise at least £150,000 for charity from our accredited business sponsors. This means a total sponsorship raise of a minimum of £250,000.
The above excludes the charity fundraising from the general public which will commence in early 2021, boosting the amount raised for charity by a further £100,000 (to a minimum total target of £250,000) and, hopefully, much, much more.
Sponsors will be businesses (or perhaps individuals) who are engaged with and are supportive of entrepreneurs and entrepreneurship. We have already reached an agreement with a leading crowdfunding platform who will support our fundraising from the investor community. Other sponsors are likely to include, for example, a challenger bank, an accountancy firm, a law firm, an accounting software provider, CRM and other tech suppliers etc.
For further information about sponsorship, or to discuss how you or your business can get involved, please contact Guy Rigby on 07836 285522 or by email at email@example.com