Thursday 18 October 2012

UK Charities Step Up For Crowdfunding Challenge

National Council for Voluntary Organisations (NCVO) has launched a crowdfunding challenge inviting charities from across the UK to compete against one another in fundraising efforts. Launched in September, the Crowdfunding Challenge 2012 NCVO has pitted ten UK charities to better engage their communities and supporters as well as learn about how crowdfunding is revolutionising fundraising for the third sector here in the UK.

The challenge is operating in partnership with Buzzbnk, the London based crowdfunding platform that connects potential financiers with project owners for a variety of charitable and social projects. Other supporters of the challenge include; CAN Impact, an organisation that offers business support in social enterprise; Sho-net Systems provider of cloud based computer operations, and Anne Strachan of CrowdfundUK dedicated to providing information, resources and support on the use of crowdfunding within the third sector.  
So many organisations are looking to change how they raise money, especially those who have been reliant on grants. This challenge is a great way to generate learning and resources for charities while having lots of fun and raising money for some great causes. - Ros Jenkins, NCVO
Participating charities use the Buzzbnk platform to raise money through crowdfunding, and have until November to reach their funding targets. The venture is aimed at engaging communities as well learning and experimenting with the crowdfunding process. Projects featured in the challenge include;

  • Latch (Leeds) -  using unemployed volunteers the project hopes to raise funds to help refurbish an empty house to create a home for a homeless family.
  • Gateshead Citizens Advice Bureau (CAB) - one of many organisations hit by austerity measures, the CAB hope to raise funds for a self-help touch screen console enabling full access to information and resources to help people tackle their problems.
  • Aston Mansfield (Newham, London) - a sleep over project for children from deprived areas, to help build their social and emotional developments whilst giving parents some respite. 

Throughout the challenge,  NCVO will be monitoring the participants' progress bringing them together to share their knowledge at the organisation's Sustainable Funding conference to be held in November. The charity that displays the most learning and sharing during the challenge will be awarded £1,000 by CAN Impact. Click here for more information and a full list of the participating charities.

Image Credit; liewcf 

1 comment:

  1. I think this is a good approach to raise up the concern of fundraising in the world. The reward for the "most knowledge gathered" is certainly very motivating. But my concern is, if challengers are challenging by the way they raise fund then, are not they sharing their monopoly? Being a viewer or probably a general person, this approach seems the best but what about the organizational point of view then? But, concerns apart, I think your post is an eye opener to general people and am sure it with drag people to support charity organizations.