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{{Short description|UK-based crowdfunding platform}}
{{Infobox dot-com company
{{Infobox website
| name = Spacehive
| name = Spacehive
| company_type =
| company_type =
| logo = Spacehive_logo.png
| logo = Spacehive-logo.png
| location_city = [[London]], [[United Kingdom]]
| location_city = [[London]], [[United Kingdom]]
| founder = Chris Gourlay
| founder = Chris Gourlay
| url = {{URL|https://www.spacehive.com}}
| url = {{URL|https://www.spacehive.com}}
| website_type = [[Crowdfunding]] ([[Social business]])
| website_type = [[Crowdfunding]] ([[Social business]])
| launch date = {{start date and age|2012|2|1}}
| launch_date = {{start date and age|2012|2|1}}
}}
}}


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==Overview==
==Overview==


Spacehive has to date funded over £10 million of projects including the [[Camden Highline]],<ref>[https://www.timeout.com/london/blog/theres-a-crowdfunding-campaign-to-make-the-camden-highline-a-reality-062717, Time Out]</ref> a giant water slide down a high street in [[Bristol]],<ref>[https://www.dezeen.com/2014/05/06/luke-jerram-park-and-slide-installation-bristol/ Bristol Waterslide, Dezeen]</ref> the revival of Peckham Lido in [[London]],<ref>[http://www.southwarknews.co.uk/news/splash-peckham-lido-campaign-reaches-crowdfunding-target-two-massive-donations-two-days/ Peckham Lido campaign reaches target], ''[[Southwark News]]''.</ref> and a community centre in the deprived ex-mining town of [[Glyncoch]], [[Wales]].<ref>[https://www.theguardian.com/society/2013/may/28/crowdfunding-community-projects Crowdfunding Community Projects], ''[[The Guardian]].</ref> According to the company's website, its mission is to "empower people to create & fund projects that make local places better". As of November 2016, 245 projects have been successfully funded on the platform, raising £6.1 million.
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]],<ref>{{cite magazine|url=https://www.timeout.com/london/blog/theres-a-crowdfunding-campaign-to-make-the-camden-highline-a-reality-062717|title=There's a crowdfunding campaign to make the Camden Highline a reality|author=Alice French|date=27 June 2017|magazine=Time Out}}</ref> a giant water slide down a high street in [[Bristol]],<ref>{{cite web|url=https://www.dezeen.com/2014/05/06/luke-jerram-park-and-slide-installation-bristol/|title=Luke Jerram transforms Bristol's Park Street into 90-metre water slide|author=Amy Frearson|date=6 May 2014|website=Dezeen}}</ref> the revival of Peckham Lido in [[London]],<ref>[http://www.southwarknews.co.uk/news/splash-peckham-lido-campaign-reaches-crowdfunding-target-two-massive-donations-two-days/ Peckham Lido campaign reaches target], ''[[Southwark News]]''.</ref> and a community centre in the deprived ex-mining town of [[Glyncoch]], [[Wales]].<ref>[https://www.theguardian.com/society/2013/may/28/crowdfunding-community-projects Crowdfunding Community Projects], ''[[The Guardian]]''.</ref>


Spacehive was launched in 2012 by Chris Gourlay, a former Sunday Times journalist who specialised in architecture and planning stories.<ref>[http://journalisted.com/chris-gourlay?allarticles=yes Chris Gourlay: Journalisted.com]</ref>
Spacehive was launched in 2012 by Chris Gourlay, a former Sunday Times journalist who specialised in architecture and planning stories.<ref>[http://journalisted.com/chris-gourlay?allarticles=yes Chris Gourlay: Journalisted.com]</ref>


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 through crowdfunding to be combined with grant funding streams available for civic projects. Backers of projects are only charged if the funding target is reached.
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|date=July 2020}}


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.
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|date=July 2020}}


Each project is verified by partner organisation Locality<ref>[https://www.gov.uk/government/news/prime-minister-hails-the-rise-of-civic-crowdfunding Press Release | 10 Downing Street]</ref> 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.<ref>[https://www.spacehive.com/create Create A Project | Spacehive]</ref>
Each project is verified by partner organisation Locality<ref name=cc>{{cite press release|url=https://www.gov.uk/government/news/prime-minister-hails-the-rise-of-civic-crowdfunding|title=Prime Minister hails the rise of 'civic crowdfunding'|publisher=Prime Minister's Office, 10 Downing Street|date=27 November 2014|website=GOV.UK}}</ref> 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.<ref>{{cite web|url=https://www.spacehive.com/create|title=Create a new project|website=Spacehive}}</ref>


In addition to its core service for project creators, Spacehive provides specialised software and support services<ref>[https://about.spacehive.com/partner/ Partner Services | Spacehive]</ref> to help councils, companies, and foundations that it partners with to attract and fund multiple projects and to measure their social impact. Spacehive's partners include the [[Mayor of London]], [[Manchester City Council]], 15 London Boroughs, [[Esmee Fairbairn Foundation]], [[Greenwich Leisure Limited|GLL]], and [[Veolia]]. Spacehive projects have attracted significant press coverage in the UK and internationally. Notable supporters of Spacehive projects include the broadcaster [[Kevin McCloud]],<ref>[https://www.spacehive.com/Profile/KevinMcCloud Kevin McCloud user profile, Spacehive.com]</ref> the comedian [[Stephen Fry]],<ref>[https://www.bbc.co.uk/news/uk-wales-17147091 Stephen Fry in Twitter appeal for Glyncoch Community Centre, BBC News]</ref> the actor [[James Norton (actor)|James Norton]],<ref>[http://www.southwarknews.co.uk/news/spy-loved-swimming-bond-fave-backs-lido/ James Norton Backs Lido, Southwark News]</ref> and the [[Mayor of London]], [[Sadiq Khan]]<ref>[https://www.london.gov.uk/press-releases/mayoral/mayor-pledges-support-for-community-projects Press release | Mayor of London]</ref>
In addition to its service for project creators, Spacehive provides specialised software and support services<ref>{{cite web|url=https://www.spacehive.com/Partner|title=Partner Services - Software and support to help local crowdfunding|website=Spacehive}}</ref> 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]], [[Greenwich Leisure Limited|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]],<ref>{{cite web|url=https://www.spacehive.com/profile/kevinmccloud|title=Kevin McCloud - Spacehive profile|website=Spacehive}}</ref> the comedian [[Stephen Fry]],<ref>{{cite news|url=https://www.bbc.co.uk/news/uk-wales-17147091|title=Fry tweets to save community centre|date=23 February 2012|work=BBC News}}</ref> the actor [[James Norton (actor)|James Norton]],<ref>[http://www.southwarknews.co.uk/news/spy-loved-swimming-bond-fave-backs-lido/ James Norton Backs Lido, Southwark News]</ref> and the [[Mayor of London]], [[Sadiq Khan]]<ref>{{cite press release|url=https://www.london.gov.uk//press-releases/mayoral/mayor-pledges-support-for-community-projects|title=Mayor pledges support for stronger and healthier community projects|date=1 July 2016|website=London City Hall}}</ref>

==Rewards==

Unlike other crowdfunding sites that offer material rewards to incentivise backers, most Spacehive projects simply offer delivery of the project itself.


==Awards==
==Awards==
*Global Urban Innovator, 2016 - New Cities Foundation<ref>[http://www.newcitiesfoundation.org/global-urban-innovators/spacehive-2016/ Spacehive: Global Urban Innovators]</ref>
*Global Urban Innovator, 2016 - New Cities Foundation<ref>{{cite web|url=https://newcities.org/global-urban-innovators-spacehive-2016/|title=Spacehive|date=19 April 2017|website=NewCities}}</ref>
*Big Society Award - [[10 Downing Street]] <ref>[https://www.gov.uk/government/news/prime-minister-hails-the-rise-of-civic-crowdfunding Press release | Gov.uk]</ref>
*[[Big Society Award]] - [[10 Downing Street]]<ref name=cc/>
*Winner, Big Venture Challenge - [[UnLtd]]<ref>[http://socialenterprise.guardian.co.uk/social-enterprise-network/2011/oct/04/big-challenge-winner-chris-gourlay Spacehive | The Guardian]</ref>
*Winner, Big Venture Challenge - [[UnLtd]]<ref>{{cite web |url=http://socialenterprise.guardian.co.uk/social-enterprise-network/2011/oct/04/big-challenge-winner-chris-gourlay |title=Spacehive |work= The Guardian |access-date=2012-11-30 |archive-url=https://archive.today/20130420054939/http://socialenterprise.guardian.co.uk/social-enterprise-network/2011/oct/04/big-challenge-winner-chris-gourlay |archive-date=2013-04-20 |url-status=dead }}</ref>
*Top 50, New Radicals 2014 - [[Nesta (charity)|Nesta]]<ref>[http://www.nesta.org.uk/news/new-radicals-2014/spacehive Spacehive | Nesta]</ref>
*Top 50, New Radicals 2014 - [[Nesta (charity)|Nesta]]<ref>{{cite web|url=https://www.nesta.org.uk/feature/new-radicals-2014/spacehive/|title=Spacehive|website=Nesta}}</ref>


==References==
==References==
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== External links ==
== External links ==
* {{official website|https://www.spacehive.com/}}
* {{official website|https://www.spacehive.com/}}



{{Crowdfunding platforms}}
{{Crowdfunding platforms}}


[[Category:Crowdfunding platforms]]
[[Category:Crowdfunding platforms of the United Kingdom]]
[[Category:Fundraising websites]]
[[Category:Social enterprises]]
[[Category:Social enterprises]]
[[Category:Internet properties established in 2012]]
[[Category:Internet properties established in 2012]]
[[Category:Online companies]]
[[Category:Companies based in London]]
[[Category:Companies based in London]]

Latest revision as of 14:47, 28 November 2024

Spacehive
Type of site
Crowdfunding (Social business)
Headquarters
London, United Kingdom
Founder(s)Chris Gourlay
URLwww.spacehive.com
LaunchedFebruary 1, 2012; 12 years ago (2012-02-01)

Spacehive is a United Kingdom-based crowdfunding platform for projects aimed at improving local civic and community spaces.

Overview

[edit]

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]

Awards

[edit]

References

[edit]
  1. ^ Alice French (27 June 2017). "There's a crowdfunding campaign to make the Camden Highline a reality". Time Out.
  2. ^ Amy Frearson (6 May 2014). "Luke Jerram transforms Bristol's Park Street into 90-metre water slide". Dezeen.
  3. ^ Peckham Lido campaign reaches target, Southwark News.
  4. ^ Crowdfunding Community Projects, The Guardian.
  5. ^ Chris Gourlay: Journalisted.com
  6. ^ a b "Prime Minister hails the rise of 'civic crowdfunding'". GOV.UK (Press release). Prime Minister's Office, 10 Downing Street. 27 November 2014.
  7. ^ "Create a new project". Spacehive.
  8. ^ "Partner Services - Software and support to help local crowdfunding". Spacehive.
  9. ^ "Kevin McCloud - Spacehive profile". Spacehive.
  10. ^ "Fry tweets to save community centre". BBC News. 23 February 2012.
  11. ^ James Norton Backs Lido, Southwark News
  12. ^ "Mayor pledges support for stronger and healthier community projects". London City Hall (Press release). 1 July 2016.
  13. ^ "Spacehive". NewCities. 19 April 2017.
  14. ^ "Spacehive". The Guardian. Archived from the original on 2013-04-20. Retrieved 2012-11-30.
  15. ^ "Spacehive". Nesta.
[edit]
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