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Initiators for Pump Track Facility Raise over 50,000 Francs thanks to Crowdfunding

In addition to financial support from 380 people, the sponsors of the pump track project were able to recruit 23 helpers. Inspired by the positive outcome of crowdfunding, work on detailed planning is currently in full swing. In addition to the actual pump track, a kids’ track will be created for the little ones and beginners, as well as a dirt/jump line for ambitious riders.

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The initiators of the pump track facility in Olten’s Kleinholz, Switzerland, have raised more money than expected. But the project is not yet secured. A total of up to $489,000 (450,000 francs) is needed.

The crowdfunding for the pump track facility in Olten’s Kleinholz was a success, as the initiators write in a statement: In 60 days, 381 supporters contributed a total of $61,800 (56,856 francs.) This proud sum exceeds both the expectations and the goals of the initiators of the project, it continues.

“We are totally happy with the result and really overwhelmed by the support for our project,” co-initiator Dominik Hug is quoted as saying in the press release. The financing goal had been set high and one had not dared to hope to crack the $54,300 (50,000 francs) mark. “The great support from the population confirms once again how much a pump track facility is wanted in Olten,” Hug summarizes the successful crowdfunding on the Lokalhelden platform.

In addition to financial support from 380 people, the sponsors of the pump track project were able to recruit 23 helpers. Inspired by the positive outcome of crowdfunding, work on detailed planning is currently in full swing.

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It is clear that there will be three tracks:

In addition to the actual pump track, a kids’ track will be created for the little ones and beginners, as well as a dirt/jump line for ambitious riders. In this way, the sponsors will ensure that all roller sports enthusiasts have an optimal basis for practicing their sport.

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“The timetable is right, and we hope to be able to break ground in late fall,” says co-initiator Mario Schmuziger with conviction. In order to raise the necessary funds of $435,000 to $489,000 (400,000 to 450,000 Swiss francs), the sponsors continue to rely on sponsorship from the business community. Numerous talks are underway. The project team is confident that it will be able to work out viable solutions in cooperation with regional and local businesses, it says. When construction work starts in the fall, there will be nothing standing in the way of opening the facility in spring 2022.

For planning and construction, the initiators have secured the services of the company Vast Trails. The next step will be to define the design details to such an extent that the corresponding building applications can be submitted to the city administration.

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(Featured image by Jonny Kennaugh via Unsplash)

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First published in Oltner Tagblatt, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.

Daphne Freeman has worked in the crowdfunding and impact investing industry for the past few years, gaining experience in marketing, and connecting businesses and entrepreneurs in need with the right investors. As a seasoned grant writer as well as financial market journalist, she is passionate about making a social impact in the world. A free spirit, Daphne also enjoys writing and exploring topics of interest, currently CBD, health and beauty, and social media influencers.