Spacehive is a crowdfunding platform that helps you raise money for projects that make your local area better. Here's how it works:
1. Create your project
Getting started is free and simple. Tell us about your idea and we'll help you create a project page that will inspire people to back you. You'll need to:
Explain what you want to do and why it matters
Add images or video to bring your idea to life
List what you'll spend the money on
Set your fundraising target
Choose your fundraising model (more on this below)
Before you can start crowdfunding, we'll verify your project to make sure it's viable and ready to go. This helps give backers confidence that you can deliver what you're promising.
2. Start crowdfunding
Once verified, you can launch your fundraising campaign. This is when you:
Share your project with your community
Ask people to donate to support your idea
Post regular updates to keep momentum going
Run events to spread the word
When someone donates to your project, the payment is taken straight away and held securely.
Our funding models
You can choose between two fundraising models:
'Keep What You Raise': You receive all donations made by your closing date, even if you don't hit your target
'All or Nothing': You must hit your target to receive the funds - if you don't, backers get automatically refunded
Please note if you receive a pledge from a Partner, such as a local authority, then you must hit your funding target in order to receive it. Partner funding is tied to the specific outcomes of the project so if you don’t hit your target, the Partner pledge will be removed and you will receive the remaining amount.
3. Access extra funding
This is what makes Spacehive special - we partner with organisations that want to support community projects. Based on your location and project type, we'll match you to these funding partners. They can then donate alongside your other backers to help you reach your target faster.
Our partners include councils, companies and foundations across the UK and Ireland, with millions of pounds available in extra funding.
What happens next?
Hit your target and the funds will be transferred to you in about three weeks. Then you can get started on delivering your project and making your local area even better.
Nearly 9 out of 10 projects succeed on Spacehive - that's the highest success rate of any crowdfunding platform. We're here to help you become one of them.
Ready to get started? Visit www.spacehive.com/create to begin, or check out our guide on creating the perfect project page for tips on making your idea stand out.