Spacehive

Spacehive is a crowdfunding platform dedicated to improving local places by connecting community projects with potential funders, including councils, companies, and grant makers. Operating primarily in the UK, Spacehive serves a diverse range of clients from local community groups to large organizations looking to invest in civic projects. The platform operates in the civic crowdfunding market, which focuses on funding projects that enhance public spaces and community facilities.

Spacehive's business model revolves around facilitating the fundraising process for local projects. It makes money by charging a fee on the funds raised through its platform. This fee structure ensures that Spacehive is incentivized to help projects succeed. The platform also offers various resources, including guides and expert advice, to help project creators run successful campaigns. Additionally, Spacehive matches projects with available funds from grant makers, further increasing the chances of project success.

Spacehive's unique value proposition lies in its ability to bring together different stakeholders—community members, local authorities, and private companies—to collaboratively fund projects that benefit local areas. This collaborative approach not only helps in raising funds but also fosters a sense of community ownership and involvement in local development.

Keywords: crowdfunding, local improvement, community projects, civic funding, grant makers, councils, companies, UK, fundraising platform, public spaces.