Cost/Benefit Summary | Lochranza Project | Case Studies


Cost of project		£161,342.01
Timescale		July 2006 - July 2008
Funding		NAC - £60,000 HIE - £80,000 LCSS-CIC - £12,000 The Sportsman’s Charity - £8,000 (for disabled hoist)
Benefits		Increased volume of consumer expenditure Growth in new business sectors Community capacity building Sustainability for existing maritime businesses Total Direct Expenditure £252,990 per annum
Profit		This not for profit project does provide substantial direct income generation, making the island more profitable.
Environment		Developed in consultation with Scottish National Heritage, Historic Scotland and the local community to be sensitive to the environment and wildlife and blend into the seascape.
Sustainability		LCSS have developed a business plan to ensure the financial stability of the project over the long term.