Spacehive Empowering Communities Through Crowdfunding

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A weathered charity box with a padlock, symbolizing public contribution and community aid.
Credit: pexels.com, A weathered charity box with a padlock, symbolizing public contribution and community aid.

Spacehive is a platform that empowers communities to bring their ideas to life through crowdfunding.

By providing a space for people to share their projects and raise funds, Spacehive has helped to create over 1,000 community projects across the UK.

These projects range from improving local parks and green spaces to supporting vulnerable individuals and groups.

Spacehive's platform allows project creators to set a funding target and deadline, and share their project with a community of potential supporters.

How Spacehive Works

Spacehive brings together different funds and partners to support community projects. This allows people to gather support from neighbours, businesses, brands, and councils in one place.

Spacehive enables people and organisations to raise the profile of their project and gather support through likes and comments. This helps to generate the funds and resources necessary for their project to succeed.

Spacehive works with an ever-growing number of partners, including Esmée Fairbairn and the Mayor of London, who come together to match-fund projects that are making a difference.

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Why Charities Should Be Excited About Crowdfunding

Credit: youtube.com, Spacehive launches crowdfunding campaign to save high streets - Sky News

Charities should be excited about crowdfunding because it helps plug the gap where council funding is cut.

Crowdfunding creates a bottom-up form of policy-making, allowing citizens to propose new creative ideas for their areas and those who agree can pledge to support them.

By using crowdfunding, charities can tap into a pool of supporters who are passionate about their cause and willing to contribute to it.

This allows charities to raise funds in a more community-driven and inclusive way, rather than relying solely on external funding sources.

Crowdfunding also enables charities to engage with their environment in a proactive way, empowering them to take ownership of their projects and make a tangible impact.

Crowdfund Dublin City

Crowdfund Dublin City is an exciting opportunity for local residents to fundraise and deliver projects that matter to them. This community crowdfunding programme is a partnership between Dublin City Council and Spacehive, a community fundraising platform.

The Spring 2025 funding round is now open, with a deadline of Wednesday, the 30th of April. To be eligible, you must have your project fully costed, any relevant permissions in place, and your project page created on Spacehive by this date. You must also have pitched to the Crowdfund Dublin City fund by this date.

Credit: youtube.com, Dublin City Crowd Fund

Dublin City Council has a fund of €300,000 to invest in projects that will enhance green spaces, create colourful, vibrant, and inclusive public spaces, or support sustainable communities and environmental initiatives. The fund will support locally-led projects across the city, giving communities the opportunity to deliver exciting projects with the backing of the community and the Council alike.

Some examples of projects that Crowdfund Dublin City can support include:

  • Enhancing green spaces for the use of local residents
  • Promoting social inclusion and diversity
  • Creating a vibrant cultural life for the city
  • Improving the health and wellbeing of communities
  • Supporting sustainable communities and reduced carbon usage

Community groups, social enterprises, and individuals with community support could potentially receive a pledge of up to 50% of their crowdfunding target, capped at €5,000. This contribution from Dublin City Council is pledged directly into your crowdfunding campaign alongside contributions from the community.

Partnership Director

Spacehive has a dedicated team that helps make projects happen. Frank Kibble is the Partnership Director of Spacehive.

As Partnership Director, Frank works closely with the community to bring their ideas to life. Frank's role is to foster partnerships that drive growth and success for Spacehive.

Spacehive relies on partnerships to amplify its impact and reach more people.

Unique Features of Our Platform

A volunteer wearing gloves holds a 'donations' box, symbolizing community support.
Credit: pexels.com, A volunteer wearing gloves holds a 'donations' box, symbolizing community support.

Our platform has some really cool features that set us apart. Spacehive is exclusively for civic projects, which means we're focused on making a positive impact in our communities.

We offer a few special tools to help projects succeed. For example, our Wish lists allow projects to ask for specific skills or items, and people can offer what they have to contribute.

One of our standout features is the Grant-maker Tool, which intelligently matches funders with applicants. This can be a huge time-saver and increase the chances of getting funded.

Our Volunteer Tool connects projects with a database of volunteers, making it easier to get the extra help you need. This can be a game-changer for projects that don't have the resources to hire staff.

We also have Hives, which connects projects with supporters and promotes match-funding opportunities. This can be a great way to raise funds and build a community around your project.

Our team is crucial to the success of our platform, and we need a diverse group of people with different skills to balance the workload. This includes design, digital, finance, and project management expertise.

Impact and Goals

Young man assisting senior adult with laptop at home for social needs.
Credit: pexels.com, Young man assisting senior adult with laptop at home for social needs.

Spacehive has made a significant impact since its inception in 2012, raising £4.9 million ($6.4 million) in funds for community projects.

In just four years, the platform has supported 47% of its projects, with an average project raising £26,900 ($34,970). This is a testament to the power of community-driven initiatives and the potential for crowdfunding to make a real difference.

The London Mayor's Office has teamed up with Spacehive to support community-driven initiatives throughout the city, further amplifying the platform's impact.

Here are some key statistics on Spacehive's impact:

  • £4.9 million raised since 2012
  • 47% of projects funded
  • Average project raised £26,900 ($34,970)

Why Set Up the Platform and What Are Your Goals?

Spacehive's platform was set up to help people improve their community spaces by bringing together different funds and making it easy for them to gather support from various sources.

The goal is to enable citizens to become catalysts for change and make their ideas happen, especially when it comes to transforming their local areas.

Children and adults collaborate on a colorful tire painting project in an outdoor community space.
Credit: pexels.com, Children and adults collaborate on a colorful tire painting project in an outdoor community space.

We focus on community spaces, which traditionally struggle to find funding, and bring together neighbours, businesses, brands, and councils to support these projects.

By working with partners like Esmée Fairbairn and the Mayor of London, Spacehive can match-fund projects that are making a real difference in the community.

The platform aims to make it as easy as possible for people to raise the necessary funds and resources for their projects to succeed.

The Impact

Spacehive has made a significant impact since its inception in 2012.

In May 2016, they reported raising a total of £4.9 million ($6.4 million).

Their platform has been successful in getting projects funded, with 47% of their projects receiving the support they needed.

The average project on Spacehive raises around £26,900 ($34,970), which is a notable amount for community-driven initiatives.

The London Mayor's Office has teamed up with Spacehive to support community-led projects throughout the city, further amplifying their impact.

Frequently Asked Questions

What is a crowdfunding campaign?

A crowdfunding campaign is an online fundraising effort on a dedicated platform to achieve a specific goal. It requires engaging the right people to succeed.

Elena Feeney-Jacobs

Junior Writer

Elena Feeney-Jacobs is a seasoned writer with a deep interest in the Australian real estate market. Her insightful articles have shed light on the operations of major real estate companies and investment trusts, providing readers with a comprehensive understanding of the industry. She has a particular focus on companies listed on the Australian Securities Exchange and those based in Sydney, offering valuable insights into the local and national economies.

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