Venice Launches the Third Initiative to Co-Finance Innovative and Sustainable Ideas

The Municipality of Venice launches a new edition of the call for Civic Crowdfunding to select projects that must have as their objective the activation of citizens in the creation of small services or neighborhood activities.

The initiative was presented to the city on Wednesday, December 19th, in the Infoday webinar and the recording of the event is visible on the social channels of Produzioni dal Basso and on the Facebook page @LaCittaSIcuradiSe.

The call includes the selection of a maximum of 15 projects, which may have a maximum duration of 8 months and a maximum cost of €10,000.

The selected third sector organizations will receive specific tutoring on crowdfunding from Produzioni dal Basso to better tackle the fundraising phase and learn the best strategies.

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How civic crowdfunding works

The organizations will then be able to upload presentations of their project ideas to the Produzioni Dal Basso platform to promote them among citizens.

If the goal of at least 50% of the project costs is reached through fundraising, the Municipality will intervene by covering the remaining amount up to a maximum of €5,000 per project.

“ With the program The Safe City – highlights Councilor Simone Venturini in a note – we have so far involved citizens and the Venetian third sector to respond with innovative projects to the needs of areas of the city that experience some difficult situations” . 

The two previous initiatives of the Venetian Civic Crowdfunding had been very successful and 18 projects out of 22 achieved the objective and obtained co-financing from the Municipality of Venice for a total amount of €77,000.

“With this third notice on Civic Crowdfunding, the Municipality of Venice – continues the Councilor – confirms its intention to support the world of volunteering and the third sector of the city in general through the use of more innovative forms of financing to experiment with projects with a social vocation in the territory.”

The initiative is part of the “Self-confident city” program , co-financed by the European Social Fund through the POC Metro operational program, through which the Municipality intends to support and accompany the implementation of innovative and sustainable projects.

“ After having successfully followed the first edition of the Civic Crowdfunding of the Municipality of Venice, it is a real pleasure for us at Produzioni dal Basso to be able to support the Municipality also in this second edition – said Angelo Rindone CEO of FolkFunding and Founder of Produzioni Dal Basso – In fact in addition to making the infrastructure of our platform available, we have defined, with the Municipality, training and support activities for third sector bodies in the area and a series of meetings to give feedback to citizens on the financed projects and the impact generated by this initiative.”

During the notice period and in the following months, training sessions will be organized and people interested have until February 9th, 2024 to submit your project.

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(Featured image by Alois_Wonaschuetz via Pixabay)

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