New Product / TechnologyCouncils use crowdfunding platform to raise money for civic projects

Councils use crowdfunding platform to raise money for civic projects

Spacehive, a British crowdfunding platform that claims to be the first designed specifically for civic projects, is being used by councils across the country.

spacehive logo
Spacehive has 300 crowdfunding projects in the pipeline

Spacehive, a British crowdfunding platform that claims to be the first designed specifically for civic projects, is being used by councils across the country. It allows users to upload a project and then ask residents and businesses to pledge cash. According to Spacehive, it has funded GBP 1 million of projects since it launched a year ago, including a Mansfield District Council project which raised GBP 35,000 to install free public Wi-Fi.

The platform has 300 projects in the pipeline. 12 councils have already pledged money to Spacehive projects, while five more have launched their own crowdfunding campaigns.

 

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