To fund their participation in Made in Designland, JULJA has turned to crowdfunding, in an effort to raise funds necessary to design and produce collections for the tour, and arrange and attend their own fashion show. As incentive, JULJA is offering special campaign products, as well as clothes from their new collection, to promote support. In exchange for their investment, contributors towards JULJA’s internationalization are rewarded with handwritten postcards, posters or an exclusive photoshoot day with team JULJA. The crowdfunding campaign also offers funders a unique chance to pre-order pieces from JULJA’s ‘Running from the dream’ collection.
SOURCE: http://www.prnewswire.com/news-releases/finnish-fashion-label-julja-heads-for-the-us-with-crowdfunding-253882341.htmlRead More →
My Funding Place, an upstart platform based in Quincy MA. The MyFundingPlace.com crowdfund portal is different: it is reserved exclusively for nonprofit use, and solves the problems charities have with lack of support for their campaigns. Unlike virtually every other platform on the web, MyFundingPlace support staff are in contact with campaign owners from sign-up to completion, offering guidance and tutorials while promoting raises with everything from custom press releases to large scale social media engagement.
SOURCE:http://www.prweb.com/releases/2014/03/prweb11706017.htmRead More →
On crowdfunding platform fundafeast, entrepreneurs can post profiles of their business–ideas and elicit–contributions. The page provides details of the food + drink-related business, explains how the funds will be spent-and-keeps a running total of donations. Fundafeast collects a fee from entrepreneurs that represents only 4% of the money raised versus the 5% charged by most other crowdfunding platforms.Fundafeast doesn’t charge a penalty for clients who fall short of their goal, as some other sites do, such as a higher % rate or not allowing them to keep funding raised short of goal.Entrepreneurs are allowed to keep all funds raised.
SOURCE:http://www.prweb.com/releases/fundafeast/11/prweb11613393.htmRead More →
Crowdfunding platform – Kiva.org and Vittana.org announced an unprecedented partnership to expand access to higher education for tens-of-thousands of poor and low-income students in developing nations.
“Kiva and Vittana believe that education doesn’t just lead to employment. Through education we can empower the youth of the world to alleviate poverty, gender inequality, violence, malnutrition, pollution and many of the other battles constantly faced around the world – nourishing a virtuous cycle of change,” said Robin Wolaner, CEO of Vittana.
SOURCE:http://www.prweb.com/releases/2014/02/prweb11613653.htmRead More →
Here are some lessons and ideas to avoid a Crowdfunding Backlash:
-Offer something compelling for the money.
-Creative rewards can be cost-effective.
-Time your campaign carefully and publicize it heavily.
-Play up your community connections.
SOURCE LINK to full article: http://boss.blogs.nytimes.com/2014/02/24/how-to-avoid-a-crowdfunding-backlash/?_php=true&_type=blogs&_php=true&_type=blogs&smid=tw-share&_r=1Read More →
Interest in crowdfunding from traditional finance players like private equity’s Bain Capital is growing, even though skeptics have downplayed crowdfunding in serious corporate finance. RockThePost, a crowdfunding platform that seeks money for startups, also holds monthly “Demo Days,” where startups pitch ideas to wealthy investors, angel investors, family office investors and institutional investors.
SOURCE LINK to full article: http://www.ibtimes.com/crowdfunding-interest-among-serious-finance-players-grows-1546743Read More →