How to crowd-fund community projects | Voluntary Sector Network | Guardian Professional
A radical new solution to funding community regeneration projects is being piloted in the ex-mining town of Glyncoch, South Wales. While most donors will never even visit, the reach of Twitter allows popular projects to tap into new funding sources. Can Twitter build a community centre? Stephen Fry seems to think so. He's backed a campaign to crowd-fund a community centre in a town battered by disappointment for seven years. Fry called on his 4 million Twitter followers to pledge "the price of a cucumber sandwich" to rescue the project that already has 96% of its funding from grants. The community is using Spacehive.com to raise the money. With the Spacehive model, funders only pay if the project actually goes ahead. The ideal result will be a collaboration of the private and public sector, with individuals, businesses and councils all chipping in to get projects funded. Can the model work? While the technology is new, the notion of crowd-funding public spaces is not.
Charity Crowdfunding: what's in it for you? | Vera Peerdeman |
As a fundraiser you’ve probably heard it before: crowdfunding. Did you know that in 2011 almost $ 1.5 billion was raised through crowdfunding platforms worldwide? And the sky seems to be the limit with this fundraising technique. Experts expect the total funding volume to grow with 91% (!) For those who’d like to fresh up their memory first, let’s start with an introduction of this fundraising technique: crowdfunding is a collective effort of a group of individuals who network and pool their resources for a specific project initiated by other people. Before you decide to jump on the crowdfunding train, it’s good to know what’s in it for you as a fundraiser. And don’t forget to think of what’s in it for your donors. 1. Ronald: “With charity crowdfunding, it’s all about earmarked giving. Vera: “For charities, crowdfunding can be a great way to act as a ‘matchmaker’ between donors and the subjects (or: projects) they care about. 2. Vera: “It’s pretty simple, actually. 3. 4. 5. “It’s true.
kickstarter | Search Results
Mike Del Ponte co-founded Soma, which raised more than $100,000 on Kickstarter using virtual assistants and free apps. I first met Mike Del Ponte two years ago when he was running marketing at BranchOut, a startup I advise. Before joining BranchOut, Mike had explored a variety of career paths, including preparing for the priesthood at […] One tiny favor! I’m looking for the perfect Managing Editor. If you want detailed tactics and hilarity, Ramit Sethi is your man. [Preface: The above is a pic of Necker Island, Richard Branson’s private island. This single interview — one of my favorites of all-time — was recorded in three short parts. This story is about the launch of Harry’s, a new men’s grooming brand. Preface from Tim Back in 2012, Gabriel Wyner wrote an article for Lifehacker detailing how he learned French in 5 months and Russian in 10, using mostly spare time on the subway. Allow me to explain using a related problem.
15 ways to crowdfund your startup or project
Have you considered asking the community to support your new enterprise? Target audience: Social enterprises, nonprofits, volunteer groups, sustainable businesses, community organizations. Guest post by Kerry GivenGreen Marketing TV Finding funding can be one of the biggest challenges for social entrepreneurs. Fortunately, there is a growing number of options for social entrepreneurs and founders looking for capital to start or expand their social enterprise, startup or nonprofit organization and do more good in the world. One non-traditional funding opportunity that has seen exponential growth in recent years is the phenomenon of “crowdfunding.” Thanks to social media and other forms of modern technology, entrepreneurs are able to build networks of friends, colleagues and like-minded individuals more easily and effectively than ever before. Typically, entrepreneurs post a request for funding on a crowdfunding site with a detailed project description. Crowdfunding is not for everyone.
What cutting edge fundraising techniques are charities using
Kickstarter | Search Results
Mike Del Ponte co-founded Soma, which raised more than $100,000 on Kickstarter using virtual assistants and free apps. I first met Mike Del Ponte two years ago when he was running marketing at BranchOut, a startup I advise. Before joining BranchOut, Mike had explored a variety of career paths, including preparing for the priesthood at […] One tiny favor! If you’re enjoying the podcast, could you please take 30 seconds now to leave a brief review on iTunes? I’m looking for the perfect Managing Editor. If you want detailed tactics and hilarity, Ramit Sethi is your man. [Preface: The above is a pic of Necker Island, Richard Branson’s private island. This single interview — one of my favorites of all-time — was recorded in three short parts. This story is about the launch of Harry’s, a new men’s grooming brand. Preface from Tim Back in 2012, Gabriel Wyner wrote an article for Lifehacker detailing how he learned French in 5 months and Russian in 10, using mostly spare time on the subway.
Microfinance: Why Open Source Means Bigger Impact
The World at Work is powered by GE. This new series highlights the people, projects and startups that are driving innovation and making the world a better place. Name: Mifos Big Idea: Mifos is an open-source, back-end operating system — built and backed by a community — to track the many loans and payments involved in microfinance. Why It's Working: Mifos is a platform used by more than 30 microfinance institutions, which offer small loans to nearly 825,000 clients. Think of Mifos as Quicken for microfinance — it's a streamlined, organized system, and it can help the sector scale and get people out of poverty. Mifos was born out of a project at the Grameen Technology Center back in 2004 — James Dailey realized that the software being used by most microfinance institutions (MFIs) was outdated, expensive or otherwise fell short. Mifos is a destination for several kinds of users. "We want to be that platform for getting financial services to the poor," says Cable. Series presented by GE
Crowdfunding: When and How to Use It
One of the hot new topics around fundraising in 2012 was the idea of crowdfunding. Over a billion dollars was raised worldwide through crowdfunding in 2011 and those numbers were expected to nearly double in 2012, with nearly half the total going to nonprofits. That’s a huge amount of money, making it hard to deny the fact that crowdfunding has become an important fundraising channel. So, should your nonprofit use crowdfunding? If you build it they will NOT come - I find that there is always the temptation and belief in the online world that if you start a blog, a website, podcast, etc. that subscribers will appear all on their own. So, given the above facts, when should you use crowdfunding? When you have a clear and specific projectWhen you have volunteers that are willing to support it through email, social media, etc.When you have the time and resources to regularly post progress updates, video, etc.When you only need a modest amount of money OK, lets say you meet the above criteria.
