“The First Responder Community’s crowdfunding platform ‘FundingShed’ will be launched in 2022. The Platform is designed to aid all communities to develop a sustainable Civil Defence capability. Citizen groups who are involved in emergency response such as firefighters, paramedics, search and rescue teams, have another way to fund-raise for emergency equipment.
HOW IT WORKS
The First Responder Community has a team of retired Project Managers and act as the overall acquisition manager of every piece of equipment within a project, and purchase the equipment from reputable manufacturers and distributors who guarantee quality and spare part support.
Project Initiators from registered emergency organisations: are invited to submit a product requirement for their organisation that meets the emergency equipment fit-for-purpose criteria, and the we will place it on the website along with the branding of that organisation. Organisations are encouraged to submit multiple projects of varying amounts so that funds can be redirected in the event of overfunding or underfunding for each individual project.
Project Initiators will then use their social media and business networks to inform their local communities that the project is ready for donations. And the Funding Shed Network are also advised of the project and asked to publicise it over their networks to obtain maximum outreach.
Once each individual project is funded, FRC purchases the equipment from the manufacture and arranges its delivery to the Organisation.
Overfunded
In the event of a project is overfunded, the subsequent funding is redirected to any secondary Project or held in escrow for the recipient organisation until they have additional equipment needs, equally the recipient organisation can elect to have the funds transferred to any other organisations project
Underfunded
If a project does not reach the required funding level, FRC will approach national and international sponsors to assist in raising the additional amount. Where a project can only raise a portion of the requirement the funds are redirected to subsequent projects of lesser amounts belonging to that organisation.
PROJECT TRANSPARENCY
The projects and subsequent funding are transparent at all times and donors, managers and sponsors are immediately informed of the progress of the project throughout.
All monies raised are for First Responder equipment and related fees, no funding is for individuals, grants, loans, student fees, contributions, etc.