Type of site | Crowdfunding (Social business) |
---|---|
Headquarters | |
Founder(s) | Chris Gourlay |
URL | www |
Launched | February 1, 2012 |
Spacehive is a United Kingdom-based crowdfunding platform for projects aimed at improving local civic and community spaces.
According to the company's website, Spacehive's mission is to "empower people to make their local area better". As of October 2018, Spacehive has been used to crowdfund 500 projects worth over £10 million including the Camden Highline, [1] a giant water slide down a high street in Bristol, [2] the revival of Peckham Lido in London, [3] and a community centre in the deprived ex-mining town of Glyncoch, Wales. [4]
Spacehive was launched in 2012 by Chris Gourlay, a former Sunday Times journalist who specialised in architecture and planning stories. [5]
Supported by the Big Lottery Fund and a mix of private and social investors, the social business maximises sources of funding for projects by allowing cash raised locally to be combined with grant funding streams available for civic projects from government, foundations and businesses. Backers of projects are only charged if the funding target is reached.[ citation needed ]
Project creators can apply for grants via the platform at the same time as crowdfunding. They can also request in-kind contributions towards the cost of the project.[ citation needed ]
Each project is verified by partner organisation Locality [6] to ensure its viability before it starts funding. According to the company, the average success rate for fundraising campaigns on Spacehive is 52%, whilst projects that secure just 10% of their funding target have a 79% success rate. [7]
In addition to its service for project creators, Spacehive provides specialised software and support services [8] to help councils, companies, and foundations that it partners with to fund projects alongside the crowd and to measure their social impact. Spacehive's partners include the Mayor of London, Manchester City Council, Esmee Fairbairn Foundation, GLL, and Veolia. Spacehive projects have attracted significant press coverage in the UK and internationally. Notable supporters of Spacehive projects include the actress Joanna Lumley, broadcaster Kevin McCloud, [9] the comedian Stephen Fry, [10] the actor James Norton, [11] and the Mayor of London, Sadiq Khan [12]
Bermondsey is a district in southeast London, part of the London Borough of Southwark, England, 2.5 miles (4.0 km) southeast of Charing Cross. To the west of Bermondsey lies Southwark, to the east Rotherhithe and Deptford, to the south Walworth and Peckham, and to the north is Wapping across the River Thames. It lies within the historic county boundaries of Surrey. During the Industrial Revolution Bermondsey became a centre for manufacturing, particularly in relation to tanning. More recently it has experienced regeneration including warehouse conversions to flats and the provision of new transport links.
The London Borough of Southwark in South London forms part of Inner London and is connected by bridges across the River Thames to the City of London and London Borough of Tower Hamlets. It was created in 1965 when three smaller council areas amalgamated under the London Government Act 1963. All districts of the area are within the London postal district. It is governed by Southwark London Borough Council.
Peckham is a district in south-east London, within the London Borough of Southwark. It is 3.5 miles (5.6 km) south-east of Charing Cross. At the 2001 Census the Peckham ward had a population of 14,720.
The 2004 election to the post of Mayor of London took place on 10 June 2004. It was being held on the same day as other local elections and the UK part of the 2004 European Parliament elections, so Londoners had a total of five votes on three ballot papers. Polling opened at 07:00 local time, and closed at 22:00. See: 2004 UK elections. The Supplementary Vote system was used.
Nunhead is a suburb in the London Borough of Southwark in London, England. It is an inner-city suburb located 4 miles (6.4 km) southeast of Charing Cross. It is the location of the 52-acre (0.21 km2) Nunhead Cemetery. Nunhead has traditionally been a working-class area and, with the adjacent neighbourhoods, is currently going through a lengthy process of gentrification. Nunhead is the location of several underground reservoirs, built by the Southwark and Vauxhall Waterworks Company.
Cross River Tram was a Transport for London (TfL) proposal for a 10-mile (16 km) tram system in London. It was planned to run on a north–south route from Camden Town in the north, via King's Cross, to Peckham and Brixton in the south.
All Saints Church is an Evangelical Anglican church in Blenheim Grove, Peckham, London. It is part of Camberwell Deanery within the Anglican Diocese of Southwark in the Church of England. On the verge of closing down in 1996 due to a dwindling congregation, the church has grown rapidly over the last decade and now has a membership of over 400 adults.
The Bakerloo line extension is a proposed extension of the London Underground Bakerloo line in South London from its current terminus at Elephant & Castle to Lewisham station.
Indiegogo is an American crowdfunding website founded in 2008 by Danae Ringelmann, Slava Rubin, and Eric Schell. Its headquarters are in San Francisco, California. The site is one of the first sites to offer crowd funding. Indiegogo allows people to solicit funds for an idea, charity, or start-up business. Indiegogo charges a 5% fee on contributions. This charge is in addition to Stripe credit card processing charges of 3% + $0.30 per transaction. Fifteen million people visit the site each month.
The golden age of lidos in the United Kingdom was in the 1930s, when outdoor swimming became popular, and 169 were built across the UK as recreational facilities by local councils. Many lidos closed when foreign holidays became less expensive, but those that remain have a dedicated following. The name Lido originated from the Lido di Venezia.
London Mutual Credit Union Limited (LMCU) is a not-for-profit member-owned financial co-operative, based in Peckham and operating in the City of Westminster and the London boroughs of Southwark, Lambeth and Camden. The primary lines of business include retail banking, deposit-taking and lending.
The Camden Highline is a proposed elevated public park and greenway that will run from Camden Town to King's Cross, transforming a disused section of the North London Line and running alongside it. The project plans to be 0.75 miles (1.21 km) long, running from Camden Gardens to York Way to act as an alternative walking route between Camden Town and King's Cross.
Peoplefund.it is an online crowdfunding platform in the UK that operates in an 'All or Nothing' method for individuals or groups to raise funds for creative projects. It was started by KEO digital, a digital media company based in London, UK.
Crowdcube is a British investment crowdfunding platform, established by Darren Westlake and Luke Lang in 2011.
Launch It is the new name for The London Youth Support Trust, which was rebranded in 2019. Building on their 19 years’ experience of supporting young people from disadvantaged backgrounds to start successful and sustainable businesses, they have expanded their services across the UK.
Crowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and alternative finance. In 2015, over US$34 billion was raised worldwide by crowdfunding.
Asiola is an online crowdfunding platform built to support creative and community-driven ideas in Thailand. It was launched in 2015 in Bangkok by a group of founders comprising technology experts, music industry experts and artists in response to Thailand's burgeoning startup scene. Their aim was to provide a way for fledgling ideas to gather attention and get funded.
The Peckham Arch is a 35m-span structure at the north end of Rye Lane in the Peckham, London. It was constructed in 1994 and was designed by the architects Troughton McAslan as monument to and an instigator of regeneration in a borough which had suffered from years of decline. The Arch was the first of three capital projects around Peckham Square and was followed by the construction of Peckham Library, completed in 2000. The Arch is home to a light sculpture conceived by the artist Ron Haselden.
Goteo is a crowdfunding site which focuses on projects which, apart from giving individual rewards, also generate a collective return through promoting the commons, open source code and/or free knowledge. It allows contributions in the form of monetary donations or in the form of tasks collaborating with the projects. The platform started in 2011, and is run by the Barcelona-based non-profit Goteo Foundation. According to its site statistics, as of 2023, it has raised $17 million, with a rate of project success of 83%, and a community of 185.000 users. It claims it was the first free/open source crowdfunding platform, and it tags itself as "the open source crowdfunding platform".
The Bookplace was a radical community bookshop at 13 Peckham High Street, Peckham, south east London which was open 1977–1996.