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Gloucestershire Business News

Cotswold District Council launch new funding round for local projects

Working in partnership with Spacehive, the UK's leading civic crowdfunding platform, Crowdfund Cotswold is an initiative that gives local residents, with an idea to improve their community, the opportunity to gain funding via Spacehive's crowdfunding platform.

Councillor Jenny Forde, cabinet member for Health and Wellbeing said, "We're excited to launch the next Crowdfund Cotswold funding round with Spacehive and I can't wait to see the range of ideas that our residents put forward.

"Local people are best placed to understand the challenges and opportunities in their local area and this model puts them and their ideas in the driving seat.

"I'm also calling on companies and organisations that care about the Cotswolds to join us in offering support for project ideas, whether funding or in-kind, so we can turbocharge the success of locally-led campaigns. The more people that get involved in Crowdfund Cotswold the more inspiring local places we can create together."

Spacehive and Cotswold District Council (CDC) are holding two workshops, on the 13th and 20th July to discuss residents' project ideas, with the workshops being aimed at those interested in the crowdfunding programme. To register for the workshops, anyone who is interested can click here.

CDC has designated £110,000 to the programme, with a maximum of £10,000 per idea available to boost projects towards their funding target. The deadline for ideas to be put forward is 15th September.

The previous round saw over £72,000 pledged by the council towards 13 community-led ideas, including Cotswold Friends Independent Living project to support older people in the North Cotswolds and the Chipping Campden School's Amphitheatre project to create an outdoor entertainment space for student and community use.

Alicia Warden, from Chipping Campden School said, "We started our Crowdfunding Campaign in April to raise money to build an Amphitheatre and it's taken only two months to attract 251 backers, with that number increasing every day. We're overwhelmed with the support from the community and Cotswold District Council. This has all been down to how effective the fundraising process has been. We feel confident we will hit our target in just a few more weeks."

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