Crowdfunder, the UK's leading crowdfunding platform has announced the launch of its new £500,000 Cost of Living Resilience Fund to support communities amidst rising economic challenges.
Crowdfunder noted, in the press release announcing the fund, that it “is designed to empower initiatives and community organisations across England to address these pressing issues” especially as living expenses continue to rise and affect people's quality of life.
Crowdfunder also added that “the fund will support projects that help individuals and communities navigate and overcome the challenges posed by the cost-of-living crisis” by providing “match funding for social sector organisations running services to help people struggling with the rising cost of living.”
The programme is funded by Access – The Foundation for Social Investment and this collaboration with Crowdfunder will enable projects to raise increased amounts for their campaigns with projects able to apply for up to £50,000.
Eligible causes for the Cost of Living Resilience Fund may include, but are not limited to, organisations focused on affordable housing, food security, sustainable transportation, debt advice, and reducing household expenses.
Rob Love, CEO of Crowdfunder, commented: “We’re delighted to have partnered with Access - The Foundation for Social Investment to be able to offer this funding to social sector organisations across England. We understand the financial pressures that people are facing, and we believe in the power of crowdfunding to drive positive change.”
To learn more about the application process and how to submit their projects for funding consideration, applicants can visit the dedicated fund page on the Crowdfunder website.