Funding 2003/2004 Work this season has relied predominantly on volunteers. An approximate cost for the project over the last season is outlined in Table 1. This is an underestimation as a portion of volunteer hours have not been recorded. Table 1: Approximated cost of project from July 2003 to June 2004. *donated by the Department of Conservation £ donated by Clampett Industries Ltd. ♫ donated by Glowing Sky Ltd. 2004/2005 A successful funding application to the Biodiversity Condition and Advice Fund has resulted in $87000 worth of funding over two years. This funding will enable the purchase of further traps and the employment of a project officer for two years. Further funding streams should be sought to purchase a GPS, laptop, vehicle and other required field equipment. A sign outlining the trust’s work should be developed for near the donation box on Ackers Point. The project aims to be self-funding within five years. Stewart Island has a growing tourism industry that is largely focussed on environmental pursuits. This provides a growing market to which we can sell this project, possibly via a sponsor a hectare package that links in with a web-site and newsletter. Donations are also expected to grow as awareness increases through marketing. All revenue will be fed back to the trust to fund the project. If the project is not self-funding within five years then we have failed in one of our principal aims.