Issue - meetings

Civic Crowdfunding

Meeting: 24/03/2021 - Regeneration Scrutiny Committee (Item 8)

8 Civic Crowdfunding pdf icon PDF 440 KB

To consider the report of the Team Manager Connected Communities.

Additional documents:

Minutes:

Consideration was given to report of the Team Manager Connected Communities.

 

The Team Manager Connected Communities presented the report which sought endorsement to submit a CCRCD Challenge Fund application for a regional civic crowdfunding programme to support solutions to local identified projects and challenges. 

 

A regional approach across the CCRCD was proposed, and the CCRCD team has encouraged a submission from BGCBC as the proposed lead authority by the 12th March, 2021, which had been done, with a subsequent decision anticipated after board determination on the 20th April, 2021.  As lead Authority, the Council would manage the relationship and enter into contract with an appropriate provider to deliver the crowd funding platform for an initial period 2021/22 through to 2023/24.

 

The Officer then spoke to the report and highlighted points contained therein.

 

The Officer reported that there were some slight changes from the report and what went into the application as result of conversations that took place.  She confirmed that the total amount being sought for the project was £1.3m in value, and up to £1.1m was being sought from City Deal, however, this may fluctuate depending on the level of investment from other LA’s.  The Officer said whilst LA investment was not a requirement, it would be seen as favourable, and she confirmed that Blaenau Gwent had identified £50k over 3 years within Regeneration related resources.

 

In response to a question raised by a Member regarding engagement, the Officer explained that the Lead Officer would have responsibility for a clear engagement strategy with local community groups the third sector would be critical in terms of the organisations that they were already supporting.  The provider of the platform would also support that engagement, and there would also be a public launch and workshop events, along with a dedicated website to promote and signpost people to those projects seeking crowdfunding.  Members would also play a big part in that engagement.

 

Another Member referred to the same initiative undertaken in Swansea and asked whether there were any case studies available to give some idea of what was achievable, and also whether any indication had been received regarding the level of investment from other LA’s.

 

The Officer confirmed that Appendix 1 to the report provided a link to the website for Swansea crowdfunding which included the types of projects that have been funded.

 

In terms of the level of investment from other LA’s, the Officer confirmed that discussions had taken place with the Regional Director and there was firm support for the proposals, however, the financial contributions element was currently being worked through.  The Officer confirmed that the application had been submitted identifying that that element was still to be concluded.

 

A Member asked whether applications for projects would be submitted to us as Lead Authority for consideration, or CCRCD.

 

In response the Officer explained that if successful, and CCRCD had agreed investment, then governance arrangements would be put in place, and a proposed Steering Group would be established with representation  ...  view the full minutes text for item 8