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Each project is verified by partner organisation
Locality to ensure its viability before it starts funding. According to the company, the average success rate for fundraising campaigns on Spacehive is 52%, whilst projects that secure just 10% of their funding target have a 79% success rate.
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In addition to its service for project creators, Spacehive provides specialised software and support services to help councils, companies, and foundations that it partners with to fund projects alongside the crowd and to measure their social impact. Spacehive's partners include the
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maximises sources of funding for projects by allowing cash raised locally to be combined with grant funding streams available for civic projects from government, foundations and businesses. Backers of projects are only charged if the funding target is reached.
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According to the company's website, Spacehive's mission is to "empower people to make their local area better". As of
October 2018, Spacehive has been used to crowdfund 500 projects worth over £10 million including the
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Project creators can apply for grants via the platform at the same time as crowdfunding. They can also request in-kind contributions towards the cost of the project.
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198:. Spacehive projects have attracted significant press coverage in the UK and internationally. Notable supporters of Spacehive projects include the actress
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Spacehive was launched in 2012 by Chris
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platform for projects aimed at improving local civic and community spaces.
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877:Impact Guru
776:Kickstarter
756:Groundfloor
641:ArtistShare
524:"Spacehive"
495:"Spacehive"
477:"Spacehive"
208:Stephen Fry
1197:Categories
1182:Comparison
1084:Neighborly
968:Planeta.ru
948:FundedByMe
928:Companisto
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651:Change.org
509:2012-11-30
256:References
220:Sadiq Khan
214:, and the
103:2012-02-01
84:.spacehive
68:Founder(s)
1154:YouCaring
1149:TrustLeaf
1119:Sellaband
1114:RocketHub
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711:EquityNet
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610:Headstart
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481:NewCities
416:Spacehive
398:Spacehive
380:Spacehive
113:Spacehive
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1059:@HopeMob
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918:Beesfund
887:PledgeMe
882:MusicBee
851:Wefunder
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746:GoFundMe
731:FundRazr
701:DonorSee
696:DonorBox
686:Crowdpac
656:CircleUp
624:Americas
615:OurCrowd
434:BBC News
275:Time Out
146:Glyncoch
127:Overview
93:Launched
1007:Defunct
978:Seedups
892:Pozible
872:Birchal
846:Wedidit
801:Patreon
605:Eureeca
138:Bristol
119:-based
101: (
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911:Europe
867:Asiola
816:Prizeo
726:Fundly
661:Classy
362:GOV.UK
294:Dezeen
225:Awards
196:Veolia
194:, and
142:London
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250:Nesta
244:UnLtd
150:Wales
115:is a
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86:.com
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