Bottom up fundingHow do you take advantage of the marketplace

The urgency

• 2017 not far away

• Place based strategy from Sport England

• Growing pressure on non-statutory budgets

• Cities like Liverpool out of cash

Participation – what’s working

• Team Social sport (private sector)• Up 24% 2013 - 2014

• Crowdfunding and sport• 2014 > £1.5million• Up 400% on previous year

• Charity sport• Up 8% on year before• 40% of people who do an event get another person to do it

• Events• Up 700% since 2007

• App based exercise• 33% increase year on year – Health apps 87%• 62% women• Apple Healthbook• Googlefit

Common Traits

• Bottom up • Social media

• Marketed• Organised

• Social

Democratisation of sport

• Crowdfunding• An efficient marketplace• Driven by motivated individuals• See something used or have an individual reach their goals

You’ve heard of crowdfunding…

A little

money...

A crowd

of people

A big

difference

People use it to get:

Now there’s a new model…

Equity Interest Rewards

How it would work

Spacehive -crowdfunding platform for civic projects, powered by citizens

People. Companies. Councils. All of us.

Our solutionAn accessible platform for the civic world where citizens can post

projects and everyone can grant fund them.

An ecosystem that helps projects to succeed

Amazing “user experience”

So people can apply for a grant with one tap

Apply

…and for institutions

Industry-wide due diligence for grant applicants

Single due dilcheck by Locality verifies viability of projects on

behalf of potential funders Universal due diligence

enables all funders to back projects with

confidence

Apply

Once verified projects can

apply for multiple grants

with one tapMore projects

successfully funded faster and more efficiently

Project stats

• 86 projects funded worth £2.6m.

• 42% success rate

• Projects that raise 10% of their goal have 77% success rate

• Av “grant” sourced online: £11k

• Av match sourced offline: £22k

• 70% of projects in deprived areas

• 63 funders per project

• 80% of funders “consumer spending”

How can crowd funding work for sport?

• Over £2million in 2015• Facilities

• FA• Cage cricket• Clubhouses

• Participation• Social rugby tournaments• Brixton Bolt

• Excellence• Individuals to events

An example - The FA

• Five 4G pitches into housing estates in London

• Demonstrate community involvement

• FA pledge pitch

• 10% – 20% of funding sourced by local community)

• How it works

• Create a hive

• Projects listed under the hive

• Spacehive supports local organisations through workshops, online and telephone support

Our city partners would wholeheartedly support and celebrate your role

Cage Cricket Court, Westminster

£1k, 7 funders

Sculpture walk, London £142k,

198 funders

Christmas lights, Ripon£10K,

28 funders

High street waterslide, Bristol £5k, 428 funders

Park on a flyover, Liverpool

£45k, 267 funders

New community centre, Glyncoch

£792k, 77 funders

City centre rebrand & paint, Sheffield

£17k, 112 funders

Town centre free public WiFi, Mansfield

£37K, 16 funders

Community café, Frome£11k,

80 funders

Global Garden Global Kitchen£11k,

106 funders

, , Incredible Edible

Bristol£4k,

102 funders

Incredible Edible Rochdale

£9k, 16 funders

Brixton Bolt,London

£450 33 funders