Community Crowdfunding with Spacehive
Redbridge Council is pleased to be working in partnership with Spacehive to deliver the #CommunityCrowdfunding programme. Local community groups and organisations in the borough will have the opportunity to create and fund projects which celebrate and improve their local areas.
The autumn 2022 funding round will be borough wide and £180,000 will be available from the Neighbourhood CIL fund to pledge to projects, provided projects meet the selection criteria and there are sufficient available funds in the area.
Local community groups can bid for projects that vary in pledge scale from under £1,000 for smaller projects, to up £20,000 for larger projects. However, the Council will only pledge up to a maximum of £10,000 towards any project.
The public can show their support for projects by “liking” projects, pledging financial donations, and by pledging volunteer time in project wish lists.
To qualify for potential NCIL match-funding, projects will need to meet the borough’s key objectives to:
- Regenerate the borough
- Be a great place to live with family
- Tackle the root cause of our social challenges
Projects will be assessed by a Selection Panel to determine whether they meet the full selection criteria before awarding successful projects with an amount of match-funding.