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Got a big idea? Why not ask a stranger to invest online?

If you have a big idea, but you don't have the cash to make it happen, then why not ask a stranger for the money?

More and more people are now bidding for funding on the internet, raising hundreds, thousands, and sometimes millions of pounds for projects like starting up a business or making a film.

It's called "crowd funding" and it's taking the South by storm. Sarah Cooper's been finding out how it works.

Old Pfizer site shortlisted for funding

The old Pfizer site in Sandwich in Kent has been shortlisted for up to £6m in government funding. It's one of twelve enterprise zones which will benefit from the £100m scheme.

The money will be used to refurbish and fit out three empty buildings so they can be used by businesses and create jobs for the local economy. ITV Meridian spoke to Communities Minister, Kris Hopkins MP...

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Funding opportunities for IOW local businesses

The Isle of Wight Council's Director of Economy and Environment will attend a meeting with the Isle of Wight Technology Group to discuss opportunities for local businesses on the Island.

The Technology Group is made up from Island based Electronics and Engineering companies.

The Group was set up by the Island's MP, Andrew Turner, to raise the profile of the Island businesses and the challenges they face, such as recruitment and expansion.

We have innovative companies here on the Island, many of whom experience very similar issues. Funding is often a barrier to growth which is why I felt it would be helpful to get Stuart Love along to talk about the funding that is available through the Local Enterprise Partnership, and how businesses can access this."

– Andrew Turner, Isle of Wight MP

Cuts near 'worst case scenario'

The leader of Hastings Borough Council has said the planned reduction in the council's central government funding is 'close to our worst case scenario'. Hastings is due to have it's budget slashed by 14%. The average cut to other authorities in the south is 1.7%

“This is certainly close to our worst case scenario in terms of budget planning. Overall we have experienced a 50% reduction in government finance to run the council since 2010.

“I obviously hope our record will make us eligible for the new efficiency grant. After all we have restructured the council, including dispensing with the post of chief executive, we have signed a joint waste contract with other East Sussex councils and a joint parks and gardens contract and the two will save us £1 million a year."

– Cllr Jeremy Birch, Council leader

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Adults with learning difficulties to benefit from grants

West Sussex County Council has awarded nearly £75,000 to different projects Credit: West Sussex County Council

People with learning difficulties in West Sussex are to benefit from thousands of pounds worth of grants handed out by their local council.

Over £73,000 is being split between 16 projects including new football training sessions and animation workshops for people with autism.