Civic Crowdfunding and Matching Funds discusses using crowdfunding to realize the social, economic, and cultural potential of cities. Growfunding, a Belgian nonprofit, has run a civic crowdfunding platform since 2012 that allows residents to fund local projects. It has helped fund over 100 projects, raised over €600,000, and engaged over 6,000 participants. The document proposes exploring matching funds from the European Union or local governments to maximize social and financial impacts. It also discusses growing a learning network around civic crowdfunding through conferences, research sharing, and defining best practices.

1. Civic Crowdfunding and Matching Funds
European Crowdfunding Network (14.12.18)
Frederik Lamote - Founder Growfunding

2. |
…a social innovation research project (2012-2016)
Growfunding is …

3. |
…a social innovation research project (2012-2016)
Growfunding is …
A city is a (living) social laboratory
1) How can crowdfunding be used to realise the social, cultural and
economic potential of our cities?
2) How can new forms of collaboration and new social networks be
created through civic crowdfunding?

4. |
…a methodology for urban change
Growfunding is …
ECONOMY
DEMOGRAPHICS ECOLOGY
IDENTITY GOVERNANCE

5. |
Growfunding is …
… creating social impact on a superdiverse city

6. |
2016: spin-off Growfunding vzw (non-profit)

7. |
Growfunding is …
…a building our city bottom-up

8. |
13
26
16
27
36
0
5
10
15
20
25
30
35
40
2013-2014 2014-2015 2015-2016 2016-2017 2017-2018
# gelanceerde projecten
2013-2014
2014-2015
2015-2016
2016-2017
2017-2018
# projects

9. |
Commercial reward-based platformen
Target growfunding
62%
69%
88%
81%
0%
20%
40%
60%
80%
100%
2013-2014 2014-2015 2015-2016 2016-2017
SlaagratioSucces rate

10. |
Intake Coaching
Project live (30-90 days)
Outtake +
Suivi
Intake Coaching
Project live (30-90 days) Realisation of projects & rewards
Online & offline communication
…building the self-organising capacity of a society
Growfunding is …

11. |
0
2000
4000
6000
8000
10000
12000
14000
16000
2013-2014 2014-2015 2015-2016 2016-2017
Gemiddeld doelbedrag Gemiddeld opgehaald bedrag
Commercial
reward-based
platformen
Average objective Average collected amount

12. |
735
2639
4143
6642
0
1000
2000
3000
4000
5000
6000
7000
2013-2014 2014-2015 2015-2016 2016-2017
cumulatief netto uniekegrowfunders# unique growfunders

13. |
64425
213485
367310
690510
€ 0
€ 100,000
€ 200,000
€ 300,000
€ 400,000
€ 500,000
€ 600,000
€ 700,000
€ 800,000
2013-2014 2014-2015 2015-2016 2016-2017
Cumulatief netto opgehaald

14. |
1.0
1.5
2.0
2.8
00
01
01
02
02
03
03
2013-2014 2014-2015 2015-2016 2016-2017
Financiele multiplicator
Financial multiplicator
Netto collected amount / local government funding

15. |
735
3037
1059
5770
1062
4994
0
1000
2000
3000
4000
5000
6000
7000
2013-2014 2014-2015 2015-2016 2016-2017
netto unieke growfunders netto participanten netto bijdragen
sociale
multiplicator =
1,8
Social multiplicator
#participants / #number of unique growfunder

16. |

17. |
Spread of rewards Financial weight
Inverse Mattheus effect

18. |
Experimenting with Matching Funds

19. |
La foule
100 %
Matching Fund
25% / . . . %
European
Social fund?
The crowd
75% / . . . %
Dreaming of a European Matching Fund
A library for baby stuff
Co-financed by the EU social fund

20. |
• Invest in coaching of project holders
• Exchange good practices
• Build up a body of knowledge around civic crowdfunding
Dreaming of a European learning network
Intake Coaching
Project live (30-90 days)
Outtake +
Suivi

22. |

23. |
• Participants: An international group of 30 civic crowdfunding experts,
academics, civil society actors and policy makers (invitation only).
• Goals:
‣ Learn the similarities and differences between the civic crowdfunding
platform
‣ Create a common definition of the concept ‘The civic crowdfunding city’
‣ Present ongoing research
‣ Launch of the ECN ‘Civic Crowdfunding Group’
• Location: Allee du kaai – www.toestand.be
Growfunding/Bazaar > seminar (18/01)

24. |
What role can civic crowdfunding play in building
our (urban) society?
How democratic is civic crowdfunding?
Which role can the European Union play?
Growfunding/Bazaar > Conference (19/01)

25. |
‣ The inclusive city: how can civic crowdfunding be used to include people that are
otherwise excluded from urban life?
‣ The pop-up city: which kind of urban spaces are created through civic crowdfunding and
what are the characteristics?
‣ The Arrival city: which social and cultural infrastructure is created for refugees, migrants
and newcomers through civic crowdfunding?
‣ The circular city: How can civic crowdfunding contribute to the creation of a circular
economy?
Growfunding/Bazaar > Conference (19/01)

26. |
Growfunding/Bazaar > discover and party

27. |
• Frederik Lamote
> frederik@growfunding.be
> +32.472/44.72.48
• Hanne Lahousse
> hanne@growfunding.be
> +32.474/88.32.09
Contact
Thanks / Merci / Bedankt / Gracias / …