Complete our expression of interest form at your earliest convenience to inform us of your project idea and knowledge of crowdfunding. A member of the team will be in touch to provide you with the necessary information and support you may need to help get your project started.
2. PROJECT PAGE AND PITCH
Create your online project page which will match you to the Our Tower Hamlets Innovation fund. Here Tower Hamlets Council will ask you some additional questions about your project. You must pitch to the Tower Hamlets Innovation fund must be finished by the 15th of July!
The project costs and necessary permissions will be checked by independent verifiers, Locality. This involves checking quotes for all the major items and if you have land owner permission for your project.
Run your crowdfunding campaign between August and Nov 2019. Start by getting lots of small pledges from the community to show local support for your project. This will help unlock bigger pledges.
Tower Hamlets Council will review all project campaigns and successful projects can expect to receive a pledge in early October.
5.HIT YOUR TARGET AND DELIVER YOUR PROJECT
Please note that the council will not be the first organisation to pledge to your project and will want to see community support and backing, in the form of smaller pledges from local people, before they pledge to your campaign.
The London Borough of Tower Hamlets are looking for innovative and exciting ideas that support our strategic objectives of making Tower Hamlets a better place to live, work and play. This initiative is aimed at supporting local Voluntary and Community organisations, through crowdfunding, to make those ideas a reality.
We will pledge up to £10,000 towards the crowdfunding of the best innovative projects – subject to eligibility.