Civic Crowdfunding and Matching funds

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  1. 1. Civic Crowdfunding and Matching Funds European Crowdfunding Network (14.12.18) Frederik Lamote - Founder Growfunding
  2. 2. | a social innovation research project (2012-2016) Growfunding is
  3. 3. | a social innovation research project (2012-2016) Growfunding is A city is a (living) social laboratory 1) How can crowdfunding be used to realise the social, cultural and economic potential of our cities? 2) How can new forms of collaboration and new social networks be created through civic crowdfunding?
  4. 4. | a methodology for urban change Growfunding is ECONOMY DEMOGRAPHICS ECOLOGY IDENTITY GOVERNANCE
  5. 5. | Growfunding is creating social impact on a superdiverse city
  6. 6. | 2016: spin-off Growfunding vzw (non-profit)
  7. 7. | Growfunding is a building our city bottom-up
  8. 8. | 13 26 16 27 36 0 5 10 15 20 25 30 35 40 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 # gelanceerde projecten 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 # projects
  9. 9. | Commercial reward-based platformen Target growfunding 62% 69% 88% 81% 0% 20% 40% 60% 80% 100% 2013-2014 2014-2015 2015-2016 2016-2017 SlaagratioSucces rate
  10. 10. | Intake Coaching Project live (30-90 days) Outtake + Suivi Intake Coaching Project live (30-90 days) Realisation of projects & rewards Online & ofine communication building the self-organising capacity of a society Growfunding is
  11. 11. | 0 2000 4000 6000 8000 10000 12000 14000 16000 2013-2014 2014-2015 2015-2016 2016-2017 Gemiddeld doelbedrag Gemiddeld opgehaald bedrag Commercial reward-based platformen Average objective Average collected amount
  12. 12. | 735 2639 4143 6642 0 1000 2000 3000 4000 5000 6000 7000 2013-2014 2014-2015 2015-2016 2016-2017 cumulatief netto uniekegrowfunders# unique growfunders
  13. 13. | 64425 213485 367310 690510 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 2013-2014 2014-2015 2015-2016 2016-2017 Cumulatief netto opgehaald
  14. 14. | 1.0 1.5 2.0 2.8 00 01 01 02 02 03 03 2013-2014 2014-2015 2015-2016 2016-2017 Financiele multiplicator Financial multiplicator Netto collected amount / local government funding
  15. 15. | 735 3037 1059 5770 1062 4994 0 1000 2000 3000 4000 5000 6000 7000 2013-2014 2014-2015 2015-2016 2016-2017 netto unieke growfunders netto participanten netto bijdragen sociale multiplicator = 1,8 Social multiplicator #participants / #number of unique growfunder
  16. 16. |
  17. 17. | Spread of rewards Financial weight Inverse Mattheus effect
  18. 18. | Experimenting with Matching Funds
  19. 19. | La foule 100 % Matching Fund 25% / . . . % European Social fund? The crowd 75% / . . . % Dreaming of a European Matching Fund A library for baby stuff Co-financed by the EU social fund
  20. 20. | Invest in coaching of project holders Exchange good practices Build up a body of knowledge around civic crowdfunding Dreaming of a European learning network Intake Coaching Project live (30-90 days) Outtake + Suivi
  21. 21. |
  22. 22. | Participants: An international group of 30 civic crowdfunding experts, academics, civil society actors and policy makers (invitation only). Goals: Learn the similarities and differences between the civic crowdfunding platform Create a common definition of the concept The civic crowdfunding city Present ongoing research Launch of the ECN Civic Crowdfunding Group Location: Allee du kaai www.toestand.be Growfunding/Bazaar > seminar (18/01)
  23. 23. | What role can civic crowdfunding play in building our (urban) society? How democratic is civic crowdfunding? Which role can the European Union play? Growfunding/Bazaar > Conference (19/01)
  24. 24. | The inclusive city: how can civic crowdfunding be used to include people that are otherwise excluded from urban life? The pop-up city: which kind of urban spaces are created through civic crowdfunding and what are the characteristics? The Arrival city: which social and cultural infrastructure is created for refugees, migrants and newcomers through civic crowdfunding? The circular city: How can civic crowdfunding contribute to the creation of a circular economy? Growfunding/Bazaar > Conference (19/01)
  25. 25. | Growfunding/Bazaar > discover and party
  26. 26. | Frederik Lamote > frederik@growfunding.be > +32.472/44.72.48 Hanne Lahousse > hanne@growfunding.be > +32.474/88.32.09 Contact Thanks / Merci / Bedankt / Gracias /