A new innovative crowdfunding platform to help community organisations raise funds for their important projects officially launched in Derby today.
‘Crowdfund Derby’ is a scheme initiated by Derby City Council and Crowdfunder UK in partnership with local charity Community Action.
Crowdfunding is an alternative method of fundraising which works by securing small contributions of money from a large number of sources, rather than large contributions from a few.
The initiative is in line with one of Derby City Council’s 50 pledges which support a vision to create a ‘Strong Derby’. The pledge confirms the commitment to launch crowdfunding to provide a new way for voluntary and community groups to secure funding for their important work.
The scheme was officially unveiled by Cabinet Member for Leisure, Culture and Tourism, Cllr Amo Raju. Also in attendance at the launch event was CEO of Community Action, Kim Harper and representatives from community groups who are already using the crowdfunding platform including Twenty Twenty, Wellbeing Works, Friends of Littleover Parks and Spectrum Derbyshire.
Support organisation Community Action is an instrumental part of the Derby Crowdfund campaign and will assist organisations with the application process to help them achieve their funding goals successfully and put their projects into practice.
To be eligible for a pledge, projects must have raised 25% of their fundraising target from multiple pledges, be run by ‘not for profit’ organisations and be of clear benefit to people who live or work in Derby.
Cllr Amo Raju comments: “We are delighted to have launched the Crowdfund Derby platform to local community groups and look forward to supporting a range of worthy causes.
“There are so many organisations in Derby who complete fantastic work, it is important we recognise this and empower these groups. The crowdfunding initiative will help many community groups put their projects into practice.”
CEO of Community Action, Kim Harper, adds: “It’s great to have so much interest at the launch of this initiative. We’ve already spoken to 12 organisations interested in raising funds through Crowdfund Derby and that was before today’s launch took place!”
To find out more about Crowdfund Derby, please visit: http://www.crowdfunder.co.uk/funds/crowdfund-derby