That:

1.       Working with Boston Borough Council and South Holland District Council as our partners in the South and East Lincolnshire Councils Partnership (S&ELCP), a Crowdfunding scheme be established with one or both partners;

2.       Approval be given to enter into collaborative contract arrangements with Boston Borough Council (the lead contracting party) and South Holland District Council to appoint ‘Spacehive’, as the external civic crowd funding company, to provide external management of the scheme on behalf of the Councils;

3.       Delegated authority be given to the Deputy Chief Executive – Communities and the Assistant Director for Wellbeing and Community Leadership, in consultation with the relevant Portfolio Holders across the Partnership, to agree final arrangements for the Crowdfund Scheme, including process, criteria, final costs of the scheme and the awarding of grants;

4.       A set up payment of £11,333 funded from the Economic Growth Reserve be approved;

5.       A Crowd Fund ‘pot’ of £30,000 funded from the Economic Growth Reserve be approved

6.       A review of the benefits of the scheme be undertaken after an initial period of two years.