Patronicity shares how to crowdfund your next placemaking project. This presentation was prepared for Project for Public Spaces “Placemaking: Making It Happen” training in Fall 2022.
At Patronicity, we are passionate about placemaking and are focused on helping you build vibrant communities. We use crowdfunding as a catalyst for placemaking and community development, connecting granting organizations and patrons with hyper-local changemakers (that’s you!) in order to build vibrant communities.
Our vision is to revolutionize placemaking by democratizing the funding and implementation process. To transform communities by harnessing the power of crowdfunding and crowdgranting (our matching grant model). And to empower changemakers to create sustainable, healthy, and equitable communities.
Crowdfunding is the process of gathering a community to provide financial support for a project within a set period of time. Our crowdfunding platform specializes in community-based projects that empower communities to transform and invest in themselves. Communities identify local projects and are supported through community buy-in at the grassroots level.
We believe in crowdfunding because:
It’s accessible. Anyone can easily create a crowdfunding campaign to champion their cause, initiative, or idea. These changemakers can be individuals, entrepreneurs, student groups, organizations, or even a municipality!
It’s decentralized. Through organic and grassroots support, crowdfunding provides the freedom to not be solely dependent on a bank, a grant, or a few investors to make an idea happen, but instead, the risk is shared across a community, lessening the financial pressure.
Crowdfunding is a great storytelling tool. It’s all about building publicity and is an incredible tool to generate positive stories.
Crowdfunding facilitates community engagement. The crowd serves as a strong vetting mechanism. The crowd will typically support the projects they value most, and naturally, the best ideas will rise to the top.
Visit Patronicity Resources to learn how to run a successful crowdfunding campaign from start to finish at resources.patronicity.com.
