Chances Of Hope - Background
Team Formacon started in 2017 and we didn’t know a whole lot about running a cycling team, but we have been learning very fast. We started the team because we like riding and racing our bikes, but also because we saw an opportunity to give back through supporting Chances of Hope.
We do this by giving 50% of everything we raise to Chances of Hope and by helping to create awareness for them.
In 2017 and 2018 we raised a combined R240 000-00 for Chances of Hope and we are more proud of that, than of the races we’ve won this year!
In 2018 we expanded the team by adding Elite riders and also establishing a team in the VC category, the 50 – 59 year old racers.
In 2019 we are going to expand even further by adding riders to both those categories and budget permitting, also to the VA bunch.
We have also invested in two team managers which means we will have two follow cars in the races for both the Elite and VC categories.
All very exciting!
Vision Statement
Our vision is a world in which every person will have a chance of hope. Even in the most remote areas of South Africa, every person should hold the power to create an opportunity for themselves and others within a loving environment.
Mission Statement
Our mission is nothing less than realising the full potential of every person by inspiring people throughout the world to realise their own abilities. We aim to help people to open their hearts and minds, to accept and include people with diverse backgrounds and thereby give one another a chance of hope.
Where does Chances of Hope Help
Chances of Hope reaches out into the South African rural areas, specifically in the Northern Cape and Karoo. The emphasis is on remote areas where there is not much traffic, where people may feel desperate or without hope. Chances of Hope aims to be light in their darkness.
Chances of Hope - Financial Background
The cost to run the team for a year totals R150 000-00 excl VAT. This allows for 3 x sets of team kit per rider, some allocation for travel and logistics; and race entry fees for an estimated 15 races throughout the year.
As in 2018 we will give 50% of each Rand earned to COH, and we will be looking at various other opportunities to raise funds for COH
| Team Kit | R 53 000 |
| Race Entries | R 72 000 |
| Logistics | R 25 000 |
| Total Team | R150 000 |
| Total COH | R150 000 |
| Total Needed | R300 000 |
Chances of Hope - Sponsorship Categories
General Classification: In cycling, the rider who leads the team and goes for the overall win is called the GC rider. This person, the leader of the race, is often denoted by wearing a yellow jersey.
GC
Cost per year:
R150 000
Benefits
• Naming rights, i.e. Team X
Logo placement on kit:
• Biggest logo on the front & back of the shirt, plus both sides
• Biggest logo on the back of bib, plus both legs
• Biggest logo on team car – branded Hyundai H1
Cost per year:
R75 000
Benefits
• Powered by rights, i.e. Team X powered/supported by Y
Logo placement on kit:
• 2nd Biggest logo on the front & back of the shirt (75% of title logo) plus one shoulder
• Logo on team car
Cost per year:
R50 000
Benefits
Logo placement on kit:
• One shoulder and one back pocket on the shirt
• Logo on team car
Cost per year:
R10 000 – R25 000
Benefits
Logo placement on kit:
• Collar and back pockets of shirt
Chances of Hope - Our Sponsors
Thank You
Team Formacon wishes to thank all of our valued sponsors for an exciting and successful 2018 season. This is what we all managed to achieve this year with your dedicated support!
