Sculptor John MCKenna was commissioned last year (12) to design a statue commemorating the star, real name Ronald Scott, and devotees of the band have ramped up funding for the project in Kirriemuir.
Local community group Dd8 Music has launched a campaign on fundraising website Kickstarter.com, and organisers aim to raise $77,500 for the monument.
Dd8 committee member John Crawford tells Classic Rock magazine, "Kirriemuir was the home town of a little lad called Ronald - who was to grow up and become the world's best-known frontman.
"We believe Bon deserves a statue. We've commissioned John MCKenna to create a life-sized statue which will capture three things: his personality, his stage presence and his Scottish roots. We're appealing to the greatest fans in the world to come together and make this project a reality. We want the statue to be from the fans, for the fans."
Scott, 33, died in 1980 after suffering acute alcohol poisoning.