To get started, create your project on Spacehive and get your project verified. You will then submit your pitch to your local Council fund via the Spacehive platform and launch your campaign.
To be considered by the council for a pledge, you should:
1. Launch your crowdfunding campaign on Spacehive by the fund deadline: 29th March
2. Showcase local support for your project in the form of backers.
Pitches to the fund will be considered in mid-March, early May and early June. If successful, you will receive a pledge towards your live crowdfunding campaign. The Spacehive team is on hand to share lots of advice on how to run a brilliant crowdfunding campaign.
Complete our Project Idea Form as soon as possible to tell us about your idea and register for a workshop (see News & Events tab for more information).
2. CREATE YOUR PROJECT ON SPACEHIVE
Create your project page on Spacehive which will match you to the fund name. You are encouraged to create your project early, to unlock support from the Spacehive team.
3. GET YOUR PROJECT VERIFIED
The project costs and necessary permissions will be checked by Spacehive's verifiers before you begin crowdfunding. Submit early to ensure you’re verified before the deadline. Verification takes an average of four days where project creators have the relevant documents to hand.
Before you submit for verification, make sure that you have:
Proof of permission (e.g. event license, council agreement, landowner consent). Read more about permissions.
Evidence of costs (e.g. building work quotations, links to online shop listings)
Evidence of any funds that you have received for this project that you would like to have shown on your campaign (e.g. grant agreement, scan of a cheque, bank statement).
4. LAUNCH YOUR CROWDFUNDING CAMPAIGN AND PITCH TO THE FUND BY 29TH MARCH
Once verified, launch your crowdfunding campaign, no later than 29th March. Ensure you have submitted your fund pitch by the deadline too, to be considered for a pledge from the council.
Please note: the council will not be the first organisation to pledge to your project and will first want to see community support and backing, in the form of pledges from local people towards your campaign.
Start by getting lots of small pledges from the community to show local support for your project. This will help unlock bigger pledges.
Please note: a typical crowdfunding campaign should not exceed three months.
5. ASSESSMENT AND PLEDGE
The Partnership will review all projects in mid-March, early May and early June and successful projects can expect to receive a pledge of up to £5,000 (max 50% of target) during their live campaign. For example, a £10,000 campaign could get up to £5,000.
6. HIT YOUR TARGET AND DELIVER YOUR PROJECT
You need to hit your target in order to receive the funds you raise. Please allow up to three weeks to receive funds once your campaign ends. Once you deliver your project, you can update your backers by completing a colourful impact report on Spacehive.
To learn more about crowdfunding on Spacehive, visit the Help Centre.
For any additional questions, please contact Spacehive on support@spacehive.com.
