SKDC has teamed up with national crowdfunding platform Spacehive to launch CrowdfundSK - an initiative that gives groups and individuals with project ideas the ability to attract funding from the community, council, businesses and foundations through one portal.
Along with funding, there will be additional support available to those interested in getting involved in the form of events and workshops, templated resources and one-to-one support.
The aim is to provide a springboard for project ideas to attract the funding they need more easily and enable anyone who cares about the area to get involved and contribute.
SKDC has allocated £70,000 to support project ideas that benefit a community, with a maximum of £10,000 available per campaign. Pledges will be made available during the spring and autumn each year.
The crowdfunding initiative will be launched at a free-to-attend workshop being held at Jubilee Church Life Centre, Grantham, from 6.30pm to 8.30pm on Thursday 3 October. To register go to http://www.crowdfundskworkshop.eventbrite.com
Spacehive's mission is to make it easy for people to improve their local area. The platform brings together people, businesses, councils and foundations to fund projects that communities want.
People can pledge as little as £2 towards a project and contributions are charged only if the campaign hits its targets.
Fundraising campaigns on Spacehive have the highest success rate of any crowdfunding platform in the UK and it has become the default way for a growing number of councils to fund place-based community projects.
The Acting Leader of SKDC, Cllr Kelham Cooke, said: "I can't wait to see the range of ideas that are brought forward. Local people are best placed to understand the challenges and opportunities where they live and this model puts them and their ideas in the driving seat.
"I'm inviting businesses and organisations who, like South Kesteven District Council, are committed to going that extra mile to ensure that our district is as proud and prosperous as possible, to join us in offering support either through funding or in-kind. By working together we can make a real difference in our communities."
People or groups that post project ideas with Spacehive will be automatically matched with SKDC's fund and others where they can request a pledge towards their crowdfunding campaign.
Chris Gourlay, Founder and CEO of Spacehive said: "South Kesteven is bursting with ideas so we see the potential to make an exciting impact together. We encourage anyone with an idea for improving South Kesteven to post it on Spacehive today. We are looking forward to helping people bring their projects to life."
Leicester City Council is among local authorities that have worked with Spacehive.
The City Mayor, Peter Soulsby, said: "Working with Spacehive has given us the platform to make my Crowdfunding initiative a reality. CrowdFund Leicester has enabled people to raise awareness and the necessary finances for a variety of grassroots community projects.
"Spacehive has worked with us to ensure we have the technology needed to make that happen, and therefore is a big part of the success of our crowdfunding work."
Barnet Council in London has recently extended its Spacehive partnership after raising £350,000 for good causes in the first two years.