Some of the projects have already succeeded.....
Mayor Sadiq Khan pledged a total of £418,000 to 25 crowdfunded community projects across London. These projects have since been campaigning feverishly to gather the support of their communities, friends and local businesses.
There’s now less than a fortnight left for these projects to meet their targets in this all-or-nothing campaign. Ten have already hit their target.
Just some of these include the first part of Camden’s Highline to turn an old rail line into a new pathway across Camden Town. There’s also the new suburban farm in Tolworth and Southall Light Show, an illuminated art installation. Hoxton Hall’s Youth Shout Out, another success story, will develop new studio space for young performers.
Here’s what a few of the successful projects have had to say:
“It was an empowering and fun experience that helped us see our project from the different angles of our backers and how they might connect together. At moments when we didn't think we would reach our target we drew on the positive experiences/feedback to stay motivated for approaching more potential backers!” - Kollective, Southall Light Show
“Crowdfunding has been great fun and a positive experience for our team. It’s constant work campaigning so intensely but the rewards are fantastic and you discover so many wonderful new supporters. We are truly grateful to everyone!” - Hoxton Hall Youth Arts Team
“Crowdfunding for us gave us an opportunity to ask a question and have it answered in the most positive way possible. 82 backers in total responded to that question by making a personal choice to help us make Chalton Street Market great again and for us that was key, because there is no greater validation than personal choice.' - Somers Town Community Association, Charlton Street Market
More teams are campaigning for your support
The clock is ticking. There are still many good causes out there looking for your support. Even a small donation of £20 could be the difference between success and failure.
Projects like RUSS’s Ladywell self-build community space, A New Neighbourhood hub for Elephant and Castle, Cricklewood Library, and thirteen others, have done amazingly well in their fundraising, yet are tantalisingly close to their target.