The great people of Portsmouth have been supporting local small businesses, social enterprises, creatives and self-employed by 'paying it forward' through a crowdfunding scheme to help businesses survive the Coronavirus (Covid-19) outbreak.
As businesses faced worrying times, Portsmouth City Council and Shaping Portsmouth made changes to their existing crowdfunding scheme so that small businesses adversely affected by the outbreak can get extra support from the crowd, the council and potentially grant funding. The scheme particularly aims to help those who do not qualify for any of the government schemes.
Through Crowdfunder UK businesses can ask for money from the crowd for services they will receive in the future when they re-open - often there is a selection of rewards for different levels of donations. In addition, Portsmouth City Council offer match funding of up to £5,000 per project to those which meet set criteria.
The crowd in Portsmouth have already shown their support for Portsmouth party DJ, who raised over £2,000 from the crowd and unlocked £2,000 match funding from the council. Other live projects include:
- Monday night Delight - support a small family run business of self-employed DJs and donate as little as £6 for an entry to their first Delight back & Ltd poster; to £150 for a one year entry to all Delight events & merchandise
- Princess to bring sparkle to Portsmouth Community - support a self-employed children's entertainer and donate as little as £10 for a personalised pre-recorded message from a Princess; to £120 for a future Party Package with added perks
- The Meat Thief - Outdoor Event Catering Company - support a small family catering business and donate as little as £12 for a special designed T Shirt; to £1500 for a Covid-19 Lockdown Party for 100 guests
Councillor Steve Pitt, Portsmouth City Council's Cabinet Member for Culture and City Development, said: "I am really pleased that this scheme has already helped one Portsmouth business to survive with many more set to benefit from the crowd and from our match funding scheme.
"I appreciate that lots of people have financial difficulties at the moment, but if you are in a position to support our local businesses then please take a look at the projects on the website.
"If you are a business and would like to take part in the scheme then visit the website to find out more. Crowdfunder coaches will support you to get your project live as soon as possible."
For more information on the crowdfunding scheme visit https://www.crowdfunder.co.uk/funds/crowdfund-portsmouth