Grants and private funding are the way to go for honeybee project.
One of the ways to finance a project with less risk is to do get donations and investments. While we are doing that, we have to understand that grants are also very viable.
When you look at the entire project everything has been from private financing. These grants will add a new layer to the project. Grants are a way to say that we have a strong project that these agencies believe in. Not only that, but as I mentioned it propels the project faster by providing money that can be immediately injected into the project.
Just yesterday I talk about the pollinator grant, which totals about $1,000. Now it is up to that agency to decide if our project is worth the grant. Like other things, even if we are not awarded the grant, the honeybee highway and pollinator gardens will still be built. Albeit much slower. What would take less than a year to build could take 5 times as long.
The honeybee project is going at a much slower pace due to financing not being there. As time has moved on, financing has come together and we are rolling out the plan. Still with a larger infusion of cash, there would be many more hives. It is all about investment. Having people to say, do we want to invest in Haiti, is a tall task. It is not impossible, but rather a tall task. Even as a company Hurko doesn't want to assume all the financial risk, but will if it has to. Hurko will provide 100% financing however investing in the project will be done over a very long time. While the end results will be the same, the public will not see the fast action that it could have seen if grants, loans, or donations were given.
Other capital projects will have to have various sources of funding. From the mini bus system to roads, to land development, foreign investment will be needed. Many projects such as the honeybee project will be the first critical test. This will show people who don't live in Haiti that the money spent makes sense. In other words, one hive shouldn't cost $1,000. One hive full of bees would be worth $100 however. Transparency is key.
So as we gear towards putting the hives in Haiti, we already have a financial plan setup for the year 2016. So far evidence from various companies are showing that we are on the right track. They see that the local population will be instrumental in making this project work.
We are ready. Go Gonave!
When you look at the entire project everything has been from private financing. These grants will add a new layer to the project. Grants are a way to say that we have a strong project that these agencies believe in. Not only that, but as I mentioned it propels the project faster by providing money that can be immediately injected into the project.
Just yesterday I talk about the pollinator grant, which totals about $1,000. Now it is up to that agency to decide if our project is worth the grant. Like other things, even if we are not awarded the grant, the honeybee highway and pollinator gardens will still be built. Albeit much slower. What would take less than a year to build could take 5 times as long.
The honeybee project is going at a much slower pace due to financing not being there. As time has moved on, financing has come together and we are rolling out the plan. Still with a larger infusion of cash, there would be many more hives. It is all about investment. Having people to say, do we want to invest in Haiti, is a tall task. It is not impossible, but rather a tall task. Even as a company Hurko doesn't want to assume all the financial risk, but will if it has to. Hurko will provide 100% financing however investing in the project will be done over a very long time. While the end results will be the same, the public will not see the fast action that it could have seen if grants, loans, or donations were given.
Other capital projects will have to have various sources of funding. From the mini bus system to roads, to land development, foreign investment will be needed. Many projects such as the honeybee project will be the first critical test. This will show people who don't live in Haiti that the money spent makes sense. In other words, one hive shouldn't cost $1,000. One hive full of bees would be worth $100 however. Transparency is key.
So as we gear towards putting the hives in Haiti, we already have a financial plan setup for the year 2016. So far evidence from various companies are showing that we are on the right track. They see that the local population will be instrumental in making this project work.
We are ready. Go Gonave!
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