Local authorities in London have announced a partnership which will see them help raise money for regeneration schemes through a crowdsourcing website.
London Councils, the representative body for all 32 boroughs in the capital, will promote the Spacehive website which helps unlock funds for civic projects.
The site gathers funds from members of the public, which are then matched by funds from councils, other grant bodies and corporate sponsors.
Spacehive founder Chris Gourlay said: “The site creates a new dynamic for regeneration, allowing them to vote en masse for regeneration schemes. It puts communities in the driving seat.”
He said that proposed schemes must undergo viability checks before appearing on the website, including finances, and the propsects of planning permission.
More than 100 London-based projects are already listed on Spacehive.
Some London councils, including Hackney, have created pages on their own corporate websites to promote projects in their area.
Nationwide, the concept have raised £792,000 for a community centre in south Wales, £38,000 for open access wi-fi in Nottinghamshire, and cash to transform a phone box into a micro art gallery in Edinburgh.