As crowdfunding becomes more popular, the larger grant funding bodies and institutions are not only taking notice but are starting to allocate some money to projects albeit with conditions, not least being they will only fund crowdfunding projects in certain chosen areas in the UK.
However, if you happen to live in one of the chosen areas then it could be good news as the funding is targeted at largely environmental, heritage,community and art based projects – areas of funding that is now hard to come by.
So thumbs up to the grant bodies who have allocated money to crowdfunding – next step perhaps is to allocate funds nationwide!
Esmée Fairbairn Foundation with crowdfunding platform Spacehive has launched a new funding pot of £200,000 to support crowdfunding projects in Hull, Manchester and the London Borough of Lewisham.
More details: EFF/Spacehive
Crowdfunder have managed to secure agreements with the Arts Council and the Heritage Lottery Fund for arts projects in England and heritage based projects in Scotland and NW and SW England.
More details: Crowdfunder
And finally Santander through their Changemaker Fund is putting up to £200,000 to support social enterprises, community groups and small charities in the UK that help disadvantaged people in local communities.
More details: Changemaker
Good luck and as always let me know how you get on with your crowdfunding project and your application to match funds from any of the partnerships above.