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Northern Devon Networking Event

Northern Devon Networking Event. 4 th May 2018 Umberleigh Village Hall. Crowdfunding?. What is Crowdfunding? What’s in it for: Me ? A local project? Communities? Funders?. Crowdfunding. Being part of the Crowd!. A Funding Revolution.

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Northern Devon Networking Event

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  1. Northern Devon Networking Event 4th May 2018 Umberleigh Village Hall

  2. Crowdfunding? • What is Crowdfunding? • What’s in it for: • Me? • A local project? • Communities? • Funders?

  3. Crowdfunding

  4. Being part of the Crowd!

  5. A Funding Revolution • In 2015 the size of the UK alternative finance market grew to £3.2 billion 2. The UK online alternative finance market grew by 84% y/y 3. The UK crowdfunding market grew in 2015, by 61% to £41.6 million Source: Nesta with Cambridge University, Alternative Finance Report, Pushing Boundaries, 2016

  6. It’s no panacea against austerity!

  7. What is crowdfunding?

  8. ‘what’s hot, what’s not’

  9. Crowdfunding helps…

  10. Corporate pledging has impact! • Typical project; 6 – 8 weeks Pledges Time

  11. Crowdfund Plymouth

  12. Crowdfund Plymouth

  13. Devon Crowdfund - A new pilotpartnership Going Live Summer 2018! ???

  14. About Crowdfunder UK

  15. Crowdfund Devon

  16. Piloting a shared space • People empowered to achieve things that matter • Investment increases and local funds/ budgets amplified • Funders are responsive: recognising public feeling and priorities. • Common ownership, responsibility and civic pride developed • What matters to people is achieved and celebrated • People, communities, elected leaders and funders better connected • More resilient communities: stronger, flourishing, safer, kinder, capable

  17. Possible Funds to Pilot? • DCC Locality Budgets • DCC / District Communities Together Fund • District Community and Member Grants • Police Community Resilience Fund • DCC Travel Devon Grants • DCC Invest in Devon • Connecting Devon & Somerset Challenge Fund • ….possibly many more potential pilot funds • ….early adopters being sought.

  18. Turning Theory into Reality

  19. Turning Theory into Reality

  20. Find out more… • Respond to questions now • Opportunity for lunch time discussion • Meet up outside this event Steven Edwards Strategic Engagement Manager DCC Communities Team Steven.Edwards@devon.gov.uk Tel. 01392 383000 Acknowledgement: Use of Crowdfunder graphics

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