Thousands of local community groups can gain access to additional funding thanks to a tie up between Co-op and Crowdfunder.
The +Extra Funding page on Crowdfunder offers over £10m in match funding available from Crowdfunder’s national and regional partners.
The initiative is open to local charities and grass-roots community organisations benefitting from Co-op’s Local Community Fund, with the money raised when Co-op member’s buy own-brand products and services now able to count on Crowdfunder’s funding website towards match funding.
Since 2016, Co-op members have raised £117m for local communities, including funding for over 30,000 local community projects supporting an estimated 7 million people across the UK through the Co-op’s Local Community Fund.
The money helps to build stronger and more resilient communities by tackling key issues such as access to food, mental wellbeing support and opportunities for young people, and includes 4,500 community groups who are celebrating receiving the latest round of funding this month.
Rob Love, Founder and CEO at Crowdfunder, said: “We are thrilled to be working with the Co-op on this new initiative. UK charities and community causes are calling for support and this partnership will help give these projects access to a range of funds meaning they can top up their fundraising efforts with match funding from a variety of partners we work with at Crowdfunder.”
David Luckin, Co-op’s head of community funding & impact, said: “We know that costs are rising for local charities and community organisations across the country, while demand for the support they provide is increasing. Now more than ever, causes need access to funding to maintain, build and enhance their projects. I am delighted to see the incredible amounts raised by our Members, simply by choosing Co-op - the Local Community Fund can be a real life-line, promoring the development of stronger, more resilient and fairer communities. That is why we are excited to be launching our partnership with Crowdfunder, a move which gives these local projects the opportunity to unlock further funding and make even more difference to their communities.”