Funding World Class Yoga Centre
This information was updated November 2014
The project is to build a world class Yoga and Meditation Retreat Centre on the same grounds as the already successful Burren Yoga Centre.
Photo Montage of the new building.
Invitation to you to make a private investment
We have raised over €30,000 over the past year by your commitments to invest in helping us build the new state of the art yoga centre.
Help us and yourself, by making an investment in Burren Yoga to build this new centre.
How this works;
- You lend us between €1,000 and €10,000 for 5 years
- We give you 3% interest financially each year or 5% yearly in retreats
- At end of 5 years, we return your investment money and also give you an option to invest for a further 5 years if you prefer
Is your investment money safe?
Dave Brocklebank will give his personal guarantee to you that he will repay your investment money no matter what the circumstances. This is not like investing in a Limited company which could possibly fold and walk away. This is a personal guarantee from Dave himself.
Developments of this project over past year 2014
A lot has happened over the past year in relation to us raising the funds for the new building.
Firstly and most importantly, we received commitments from the yoga community to invest over €30,000 in this project.
Secondly we received provisionally agreement from Galway Rural Development to furnish us with a grant to help with this project… provided the banks would also come through with their previous verbal commitment to provide a loan to us.
The not so good news is that the banks continued to drag their feet in giving us the remaining loan to begin the project. As a result of this delay, the grant system came to an end and we missed this opportunity to receive the grant.
During October 2014, the banks finally agreed to give us the loan to begin our new project. We still need to get this agreement in writing from the banks.
And now we need to wait until the new grant system is setup sometime in 2015.
At that stage we will begin the new building.
In the meantime, we are continuing to invite more private investment in this new yoga centre building.
2015 is the year this project materializes
It is the culmination of 6 years work that Dave Brocklebank has put into his vision to build a new World Class Yoga Centre on the same grounds as the currently very successful Burren Yoga and Meditation Centre.
Dave has already spent €60,000 of his own savings on this project to pay for architects and engineer’s fees, planning permission surveys, testing, and investigation to ensure the build is protective of the fragile Burren, fire cert fees and much more.
He is also investing his life’s savings of €150,000 into this project.
This is action based upon correct thinking, and also based on many years of work leading up to this stage of the project.
More details on the Building
To see more details on the new building, please click Photo Montage of New building
Ethical Investment of your Finances
Now we invite all members of the yoga community … and individuals interested in Socially Responsible Investment to come on-board this project.
We invite you now to make your pledge to invest on the application form below, so that we can reduce the money we need to borrow from the banks when the new grant system comes into effect in 2015.
This project allows you to make a financial investment in an ethical project which provides yoga and meditation retreats all year round in The Burren on the west coast of Ireland.
You gain by each yearly interest of 3% or 5% in retreats and by knowing you are helping us.
We gain by being able to start building the new state of the art yoga centre.
Everybody gains by having this beautiful yoga centre with en-suite bedrooms and all the other features.
Let’s build this amazing centre together !
Choice of Investment Return:
You as an investor choose whether you prefer to receive either
- 3% per annum financial interest
- 5% per annum return of investment in the form of Burren Yoga Vouchers for our retreats
- or whether you would be willing to provide your finances as an interest free loan
How to pledge your investment:
We ask you to pledge your investment, and select which of the ‘Investment Returns’ you would prefer,
by filling in the form at Ethical Funding Burren Yoga building project
We appreciate your support!
Thank you for reading about our invitation for private investment in this very worthwhile project, and I hope that you continue to support us in our work to provide yoga and meditation retreats of the highest quality over the coming years.
Like to help but can’t financially?
If you can’t afford to make a financial investment, but still would like to help us with this ethical project,
please read Other ways you can help the Burren Yoga Project