University celebrates Back the Bike crowdfunding success
Thank you to everyone who got behind the Back the Bike crowdfunding project - we’re delighted to say that we exceeded our target!
We raised £60,906, 137% of the original crowdfunding target of £51,000 in the Santander Cycles University Challenge, and as runner-up in the competition have been awarded £75,000 from ‘nextbike’, the European leader of bike share schemes, to set up our own.
Together with crowdfunded money and a further £25,000 investment from the University, this will enable us to install 50 bikes and docking stations across our sites. The scheme will be operational in June 2018 with the view to subsequently expand it into Guildford.
Surrey’s campaign crowd was over 450 strong, with support from alumni, staff, students, local businesses and our Guildford community. This widespread support for the Back the Bike campaign shows the enthusiasm for a reliable, affordable bike network that will benefit and connect lots of different groups within the town.
Ed Nelson, Surrey Transport Manager, said: “This is fantastic news for the University and this scheme will become a fundamental part of our Sustainable Travel Plan. I look forward to working with nextbike, Santander and partners in the local business community to make this scheme a success in Guildford.
Julian Scriven, nextbike UK Managing Director, said: “We’re delighted to be able to bring bike-share to Surrey thanks to the phenomenal efforts from everyone involved in the campaign. It was great to see how the university and local community really got behind the campaign and we hope they will continue to Back the Bike once the scheme is up and running in the summer.”