[DIYbio] Re: Financials for BioHack Spaces

Well Memberships and courses are going to be the bread and butter as outlined in this awesome website

http://openlab-blueprint.org/

Having said that, you still need to get enough money to cover up front costs including 3 months of running revenue. This includes things like Insurance and other fees for running a facility where you're teaching people things. Down here for example we need to cover council rates, legal fees for becoming a company limited by guarantee, and more.

On Thursday, April 16, 2015 at 8:55:38 AM UTC+10, Andrew Gray wrote:
High all,
We are aiming to get our first BioHacker space in Melbourne Australia underway. As such we are looking for any help regarding information on the costs of running a space. We are aware that each space will have it's own specific budget, but we are more curious to examine the flow from revenue and costs. Not specifically how much is needed to run the lab. If anyone has any example budgets they could share or knows of where to find some, I'd very much appreciate it! We have a few start up costs we need to get past but we are making a lot of progress and have already been donated enough equipment to turn any space into a lab! Before we start though, we wan't to ensure we can sustain this initiative while delivering value to our community.

Kind Regards,

-Andrew

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