Residents and voluntary and community groups in Kensington and Chelsea will now have an opportunity to fund-raise and get support for community project ideas a new online ‘crowdfunding’ platform in Kensington and Chelsea called Spacehive.

Whether you want to transform a playground, bring an old building back to life, spruce up a park, or create something completely new, crowdfunding aims to help people to attract support for projects that make places distinctive, lively and loved.

When people pledge to a project, through Spacehive, it might be the biggest indication that they want it to happen. This is a very powerful message when trying to get other organisations on board with the idea.

Experience from elsewhere shows that people who pledge to projects really do feel like they made it happen. They have a sense of ownership over the project and often become ambassadors for them.

As crowdfunding projects are public, local businesses and larger organisations like to be involved too and will often pledge or offer support. Crowdfunding is also appealing to trusts and charities, and has the potential to generate a wide variety of local match-funding opportunities.

Kensington and Chelsea now has its very own Hive, which people can share their ideas on and get support for these and or build momentum for making local improvements.  The Kensington and Chelsea Hive will provide a platform for a variety of groups to showcase the best ideas for improving the local area and getting lots of people involved.  Organisations have already been successfully crowdfunding their projects in Kensington and Chelsea.

Find out more information if you’re interested in starting your own crowdfunding project.