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Unlock the power of crowdfunding at the Northern Devon Networking Event on May 4th, 2018 at Umberleigh Village Hall. Explore what crowdfunding is and discover its benefits for local projects, communities, and funders. Experience the funding revolution firsthand and learn how crowdfunding empowers people to achieve meaningful goals, increases investments, and strengthens community bonds. Join Steven Edwards, Strategic Engagement Manager at DCC Communities Team, in turning theory into reality. Be part of this innovative initiative and connect with potential pilot funds to make a positive impact in your community.
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Northern Devon Networking Event 4th May 2018 Umberleigh Village Hall
Crowdfunding? • What is Crowdfunding? • What’s in it for: • Me? • A local project? • Communities? • Funders?
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
Corporate pledging has impact! • Typical project; 6 – 8 weeks Pledges Time
Devon Crowdfund - A new pilotpartnership Going Live Summer 2018! ???
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
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.
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