community funding models

Community funding models are methods through which groups of individuals contribute resources, typically money, to support local projects or initiatives. These models include crowdfunding, where many people donate small amounts online, cooperatives that pool funds for shared goals, and community grants offered by organizations or governments. By involving local participants, these models promote engagement and ensure that funding reflects the community's needs and priorities. This collaborative approach empowers individuals to play an active role in shaping their environment, fostering a sense of ownership and responsibility for local development.