Portsmouth City Council to roll out crowdfunding platform

Written by Sam Trendall on 25 September 2019 in News

Local authority seeks supplier for online system

Credit: Robin Drayton/CC BY-SA 2.0

Portsmouth City Council is to set up an online crowdfunding platform to help community programmes attract financial backing.

The authority wishes to implement a digital system allowing the council and its partners – including community organisations, banks, the Solent Local Enterprise Partnership, and the Prince’s Trust – to seek funding for public-good programmes. Initiatives likely to seek support via the online tool include “local regeneration, parks, sports and leisure, [and] SME start-up and growth”, according to the council.

The authority listed a number of benefits it believes the crowdfunding model will provide, including that funds will “go further as the city council will not be the only contributors to a single eligible, project and will therefore be able to award grant funding to more projects”. 

Related content

Among the other benefits are “greater visibility for groups on the platform, increasing opportunities to secure funds from a range of sources” and that “local businesses may put funds on the platform as a way to fulfil their corporate social responsibility aspirations”.

Using a digital system will allow for better monitoring of projects and funding, as well as enabling “a collaborative approach to problem-solving alongside residents, partners agencies and businesses”, the council said.

“The online platform will provide a single point of entry, and each with different criteria, application forms, maximum award values and decision-making processes,” it added. “Challenges of complexity, risks of duplication, lack of consistency and reducing budgets have resulted in a new approach needing to be adopted.”

Portsmouth City Council is seeking a supplier that can provide it with a crowdfunding platform for the duration of a three-year contract to begin later this year. Bids are open until 3 October.


About the author

Sam Trendall is editor of PublicTechnology

Share this page




Please login to post a comment or register for a free account.

Related Articles

Related Sponsored Articles

The future of voice: how to successfully transform your legacy voice estate
19 November 2019

Organisations are increasingly having to replace their legacy voice infrastructure as traditional analogue and ISDN lines are being phased out. BT talk about how they can help the transition...

Case Study: Cryptocurrency, connectivity and the cloud
12 November 2019

BT presents findings from cryptocurrency firm Gemini on how they're providing customers with direct connectivity thanks to the Radianz network

How do changing user expectations shape our approach to security?
29 October 2019

BT interviews Chris Roberts from Cisco to discuss the impact of our fast-paced culture on an enterprise’s network security measure