REGEA has been a partner of many crowdfunding campaigns so far, and the City of Karlovac in continental Croatia is keeping up to date with alternative methods of financing.
As Poslovni Dnevnik writes on the 19th of September, 2019, crowdfunding in the Republic of Croatia is no longer a brand new thing, and the use of this type of financing is encouragingly increasing every day. There are already 600 different platforms across Europe that have raised millions of euros for a variety of crowdfunding projects.
One of the most famous online crowdfunding platforms is Kickstarter, which was initially founded a decade ago, back in 2009. With the creation of Indiegogo (also 2008) and Kickstarter, crowdfunding entered the mainstream in 2012 with what was then a groundbreaking achievement – that year, a million dollars was raised in a campaign for the very first time.
The Croatian city of Karlovac is keeping up with the times and alternative financing methods, and has launched one of its larger investment projects through the crowdfunding platform.
“It’s no secret that there is never enough money to successfully complete all the desired projects within one city. Karlovac is no exception to this, but it is an exception in finding ways to still realise what is financially much larger and more comprehensive. This is such a project. We want to build a Sports and Cultural Centre. We will build the facility on the site of the former Mostanje House (Doma Mostanje), which was completely destroyed during the Homeland War, and until then, it was the centre of the gathering of the inhabitants of this city district of the City of Karlovac, in which all cultural, sports and social life took place,” said Karlovac Mayor Damir Mandić.
After the difficult war experience of this particular area on the front line of the Homeland War, there has unfortunately been no common social/public space for gathering and socialising, nor any other appropriate content that would enrich the everyday life of people from that area of Karlovac. Moreover, in the aftermath of the devastation caused by the war and very slow revitalisation, parts of Mostanje and its inhabitants have also spent their time fighting a major flood, one of the most concerning in recent years. The City of Karlovac has thus launched a crowdfunding campaign in collaboration with REGEA.
“REGEA has been a partner of many crowdfunding campaigns so far. Specifically, REGEA has its own platform that is focused on energy efficiency and renewable energy projects primarily in the public sector. Our platform is completely free unlike other similar platforms. So far, we’ve successfully implemented seven campaigns and raised almost 600,000 kuna. We are in the process of two campaigns, one for the Mostanje Sports and Cultural Centre, for which we’re raising 300,000.00 kuna,” said Dr. Sc. Julije Domac, the director of REGEA.
The Mostanje Sports and Cultural Centre will extend to 867.97 m2 and will include, as it once did, a bowling alley with an auditorium, club rooms and a toilet. There will also be a café with a terrace, community rooms and a local cultural and artistic society with a multimedia hall, where many people of all ages and their guests will be able to gather together to engage in numerous activities and events. The project also includes the landscaping of a sports and cultural centre with a children’s playground, the renovation of an existing nearby football field and the proper arrangement of an adequate parking space.
The City of Karlovac has so far drafted the conceptual design and project documentation, built the foundations of the desired centre, and provided funds in the city’s budget for the continuation of construction.
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