Download - Civic Crowdfunding and Matching funds

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Civic Crowdfunding and Matching Funds European Crowdfunding Network (14.12.18)

Frederik Lamote - Founder Growfunding

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…a social innovation research project (2012-2016)

Growfunding is …

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…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?

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…a methodology for urban change

Growfunding is …ECONOMY

DEMOGRAPHICS ECOLOGY

IDENTITY GOVERNANCE

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Growfunding is …

… creating social impact on a superdiverse city

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2016: spin-off Growfunding vzw (non-profit)

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Growfunding is …

…a building our city bottom-up

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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

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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

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Intake Coaching

Project live (30-90 days)

Outtake + Suivi

Intake Coaching

Project live (30-90 days) Realisation of projects & rewards

Online & offline communication

…building the self-organising capacity of a society

Growfunding is …

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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

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735

2639

4143

6642

0

1000

2000

3000

4000

5000

6000

7000

2013-2014 2014-2015 2015-2016 2016-2017

cumulatief netto unieke growfunders# unique growfunders

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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

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1.0

1.5

2.0

2.8

00

01

01

02

02

03

03

2013-2014 2014-2015 2015-2016 2016-2017

Financiele multiplicatorFinancial multiplicator

Netto collected amount / local government funding

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735

30371059

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

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Spread of rewards Financial weight

Inverse Mattheus effect

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Experimenting with Matching Funds

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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

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• 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

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• 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)

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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)

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‣ 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)

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Growfunding/Bazaar > discover and party

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• Frederik Lamote

> [email protected]

> +32.472/44.72.48

• Hanne Lahousse

> [email protected]

> +32.474/88.32.09

Contact

Thanks / Merci / Bedankt / Gracias / …