The current economic climate continues to put a strain on third sector non-profit organisations and community groups in need of vital funding to remain viable. Crowdfunding is fast becoming an alternative form of fundraising for charity and community based projects. The CrowdMatch Challenge offers projects access to materials, advice and support on crowdfunding to launch their own campaign. The challenge is made up of various non-profit organisations involved in helping the third sector and local communities with funding, help and resource tools. These include;
- NESTA; a charity designed to help bring innovative ideas to life by way of investments and grants as well as assist in the provision of necessary resources, research, and skills.
- COMMUNITY DEVELOPMENT FOUNDATION (CDF); national organisation with expertise in community development and engagement helping communities to develop and strengthen local voices. They help improve local people's voice and create a better place to live.
- BUZZBNK; a crowdfunding platform that has featured previously on the Gazette, and which helps social ventures, community projects, and local business start-ups find the necessary funds.
- COMMUNITY FIRST; a four year £80million initiative funded by they government to help communities identify their strengths and local priorities to better plan for the future and remain resilient in the face of increasing economic uncertainties.
- CROWDFUNDUK; a resource dedicated to promoting crowdfunding as a viable tool for social enterprises, third sector projects and local communities by providing resources and information to make crowdfunding more accessible.
- CCLA is one of the UK's largest charity fund managers that works alongside the CDF and Community First programme. The organisation has donated a cash prize for the CrowdMatch Prize Challenge.
Crowdfunding is a great way for community projects to increase their profile, and gather support from local people. We are excited to be working with Nesta and Buzzbnk on the Crowdmatch Challenge to introduce crowdfunding as new tool to Community First Projects - Jason Nuttall, Head of Programme, Community Development FoundationThe challenge aims to not only increase accessibility of available funds but also to create an atmosphere of co-existence and solidarity. Local groups can encourage their communities to be involved making everyone feel they are contributing in bringing about positive change in their area. The challenge is now open to all Community First panels and projects from Community First wards and more information can be found on The CrowdMatch Challenge website.
Image Credit; Mastermaq