Keep it simple
It is a simple model that once started should gain a continuous momentum. You can give it a lot of names - a circular economy - a virtuous circle - the recycled flow - or as we describe it ...... a simple model that creates good from bikes
bikes are donated
the bikes are repaired and then sold
we raise funds for charity
This process creates awareness of the project and brings investment into the workshop,
which means:
we can receive more donated bikes
we can repair and sell more bikes
we can raise more funds for charity
Three factors drive the impact created by the model
1: Recycle Bike Hub team are all volunteers
2: We partner with the charity to reduce costs
3: Our objective is to obtain investment to cover procurement costs
That's how we can make £1 of investment create £5 in fundraising .........SIMPLE (*)
(*) you are correct - there is a lot of work that goes on to make the project work........ but it is a simple model to work within.