Crowdfund Fife
Application Guidance and Eligibility Criteria
Version dated: 25/10/2024
Introduction
The purpose of the Crowdfund Fife is to support non-for-profit community groups and organisations in Fife.
The funding partner is Fife Council.
Example projects include those which:
- Small capital works to improve your community
- Local events that bring people out of their homes e.g. Men’s Shed, Tea Dance etc.
- Regeneration of your local area e.g. playparks. It’s up to you –anything is possible.
- Pilot projects that trial alternative ways of working.
- Buying new equipment, materials, or expertise you do not already have that will expand your activities and encourage more people to get involved in your group
- A technical study if you are developing a new facility or service
Once the Fund has been allocated no further applications will be accepted. The Fund maybe closed at any time.
Eligible organisations
To be eligible to apply, organisations must be one of the following:
- Local charitable organisation
- UK Registered charity
- Not for profit organisations
Eligible organisations must:
- Be based in, or support those in, Fife.
- Have a bank account in the name of the organisation and provide a bank statement evidencing this.
- Have a constitution or other appropriate governance.
The following organisations are not eligible
- Individuals and sole traders,
- political organisations,
- national charities and
- for profit organisations
We are also not able to support the following
- Organisations seeking to distribute grants on our behalf
- Applications for the benefit of one individual
- Projects that are party political in intention, use or presentation.
How to apply
Applicants should create a project on Crowdfunder and if the information matches with the fund the project will be invited to apply through the Crowdfunder platform.
Applications will be reviewed alongside project pages. Please consult Knowledge Hub to learn how to create a strong project page.
How much can you apply for?
If your application is approved, you’ll be offered match funding of up to 50% towards your initial crowdfunding target, up to a maximum of £2,000
Selection process
All projects that meet the criteria set out above will be assessed to determine which projects will be selected for the fund. Project owners will be notified whether their application has been successful or not. The offer of match funding will be valid for 8 weeks after the date of notification, if you do not launch your crowdfunding campaign within this period, the offer will be rescinded.
We will focus on ensuring funding is distributed equitably. A range of projects will be selected to achieve this.
Match Funding Criteria
Following approval for funding, if you wish to make any changes to your campaign target, or any significant changes to your rewards or other page content you must notify us.
To secure a pledge from the Fund, you will need to do the following:
1. Apply to, and be approved for, the Fund.
2. Receive the Fund pledge by reaching at least 15% of your fundraising target with at least 10 unique supporters* .
*To verify whether Supporters are unique we will take account of information including, but not limited to: name, address, email addresses and payment card used.
If the project fails to reach 100% of the target the provisional pledge will be cancelled.
The Funding Partner reserves the right to vary these match funding criteria; projects will be notified if their match funding criteria will vary from the stated terms above.
Additional Requirements
Project Owners or the campaigning organisation pledging to their own campaign is allowed, however this should not be a significant amount unless discussed before the pledge is added. Small offline donations that have been collected may also be added, however you may be required to evidence the origin of these pledges (receipts, letters of support, copies of cheques or bank statements etc.)
Projects will be required to agree to the Terms and Conditions.