Roman Road Trust is delighted to announce our Crowdfund London campaign to Transform The Common Room successfully reached target thanks to the incredible support of our local community.
In January 2020, Roman Road Trust & Public Works launched the campaign to raise £74,000 to turn The Common Room from a deteriorating space into a fully-functional cultural learning facility for local people.
Thanks to the amazing support from local residents, businesses, and larger funders, the campaign finished on 26th May 2020 with a total of £81,721 and 253 backers.
After receiving over 150 pledges from local people in the first two months, Transform The Common Room was awarded the maximum pledge of £50,000 from Mayor of London in March 2020.
Following this, Transform The Common Room continued to gain momentum leading to a further 100 pledges. 15 of which were from local businesses who collectively raised £4,095 towards the campaign despite the current challenges facing businesses due to Covid-19.
During the final days of the campaign, Transform The Common Room was awarded the maximum pledge of £9,860 from the Tower Hamlets Innovation Fund to make the campaign reach target. Amazingly, this was then followed by a £5,000 pledge from the Centre for Public Engagement at Queen Mary University of London on the very last day.
Transform The Common Room successfully reached target with an outstanding total of £81,721 giving the project £7,615 in overfunding.
Thank you
Roman Road Trust and Public Works would like to say a huge thank you to each and every person, business, and organisation who has pledged to Transform The Common Room. We have been overwhelmed by the support, generosity, and interest show by our local community.
Rosie Vincent, Managing Director of Roman Road Trust said: “We have been truly overwhelmed by the support shown by local people and the support shown by people even beyond Roman Road.
The crowdfund has been a real rollercoaster! Some days we would have lots of pledges coming through but then weeks could go by without receiving any pledges at all.
This is a project which we have been trying to make happen for over six years. We not only reached target, but we smashed through it. This proves just how much local people and local organisations want this project to happen too. The Common Room can now be transformed to become an amazing space which the community of Roman Road deserve to have.”
What’s next?
For the next few months Roman Road Trust will be busy with preparations before the build can begin. Roman Road Trust will also start developing the first wave of programming to be delivered in The Common Room.
The Common Room is scheduled to be ready in Summer 2021. All supporters will be invited to celebrate the opening of the space (social distancing permitting.)
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