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crowd source funding

Crowd Source Funding – Platforms and their requirements

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Crowd source funding platforms like Kickstarter, Gofundme, Indiegogo and the like, have long been associated with fundraisers and fundraising events. These crowd source funding platforms are liked by fundraisers looking to garner funds for supporting their cause. Fundraiser events looking for wide exposure are readily attracted over to these crowd source funding platforms for meeting their funding requirements easily and in a profound manner, aptly befitting the requirements of the fundraisers. We describe in some details the requirements required on behalf of fundraisers to get started on their fundraising activities over crowd source funding platforms.

Some requirements before starting a fundraiser over crowd source funding platforms.

As described above, crowd source funding platforms are top shots for fundraisers to gather funds from the crowd, willing to invest in some really good ones. But before starting a fundraiser campaign over crowd source funding platforms, the following requirements must be fulfilled to stay a cut over the rest and draw the attention of investors in a better way.

  1. The clear idea: Before launching a fundraiser event over crowd source funding platforms, fundraisers should be clear about the goal or the aims and objectives behind starting an event. A fundraiser cannot be initiated without the clear knowledge about the event and its objectives. Investors can be drawn near towards funding an event if they are presented with the clear objective behind the fundraiser.
  2. The implementation: Coming to another very grave aspect of immense importance before starting a fundraiser over crowd source platforms, is having clarity of its implementation. A lot of effort goes into the successful implementation of any idea for achieving greater level of success. For any fundraiser to achieve greater amount of success over crowd source funding platforms, proper care should be taken to imbibe a perfect implementation plan for achieving greater degree of success in raising greater funds.
  3. Research your way: A certain degree of research should always be put into an event before its launch over crowd source funding platforms to gather funds from interested investors. The modern day investors are always on the lookout for events which have a good amount of research put into. Events with a good and solid researched background are more likely to gather the attention of investors for attracting their investment in garnering funds for a cause.
  4. Reward to give: Attaching a certain degree of reward with an event before launching it over crowdsource funding platforms for investors to get attracted. Rewards are always luring the investors and drawing investments from them. Rewards can be shares from the funds raised or in terms of certain goodies in return to their investment made into a fundraiser event.

These are some requirements to be taken into consideration before launching a fundraiser event over crowd source funding platforms.

crowd source funding

Mistakes during charity fundraising through crowd source funding

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Charity can done by anyone at any time and by any means. Crowd source funding can be just another way to raise funds for charity. A crowd source funding can raise funds for the cause in a manner comparable to no other means.

Requisites of charity fundraising

Motivation is the basis of all fundraising whether personal cause or other. Until and unless the fundraiser is excited about the cause, he could not gather funds by any means including crowd source funding.Another requisite for crowd source funding for charity is an event idea; some of the ideas might be Angel hug, Treasure hunt, Talking puppets, Block Party, Darts Tournament, Collection Boxes, Hiking, Musical Recital, Xmas Ball etc. Entry fees on these crowd source funding events are the main source of funds collected.

Common mistakes while crowd source funding

Mistakes are always unwanted, be it any field. An error in the field of crowd source funding takes you away from your targeted monetary goal of fundraising charity. Hence it is very important to know about the most common blunders which might be preventing you from reaching your target.

  1. Uneven use of potential: An underutilised potential of the people involved in organising the crowd source funding event is the biggest threat to a successful charity fundraising. On a general note a charity event organising group is a small one; hence the members should stretch their efforts up to end limits in terms of both time and skills. This also leads to easy functioning of the group without overburdening a particular member or staff, thereby creating a relaxed atmosphere resulting in ample productivity.
  2. The portfolio missing organisation: Like any other organisation it is of utmost importance to create your portfolio. A genuine, to the point portfolio is a necessary element for crowd source funding It gives the supporters of the cause a lasting impression of your charity fundraising, thereby increasing inputs.
  3. Catching only the big fish:Definitely there should be a dedicated person for the funds collection from the high profile donors, but the whole organisation running after them is a fool’s behaviour. The target audience for a modest charity organisation would be of course a modest one. Smaller donations on huge scale lead to a vast range of supporters. However, if the charity organisation is itself a high profile one , then high profile donation are sure to flow in,
  4. Impersonal behaviour: Giving a personal touch to the crowd source funding activity can do wonders for your fundraiser. The personal touch should also reflect in your way of asking for funds from the crowd. Note that they are more likely to donate if they take you as a friend in need.
  5. Improper planning: ‘There is nothing like on the spot performance’, this is a fact. Whether partial or whole, some planning is must for any occasion. For crowd source funding events, beforehand planning and preparation are a must; otherwise you would end up making a mockery of yourself and of the cause at the venue. To stick to the plan it is important to jolt down the plan points and distribute copies of it to the members of the organisation.

Raising Money for Charity from Crowdfunding

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How to raise money for charity through online sites


Long gone are the times when blogging, articles and banners were simply used as marketing tools to earn money. They now form a sturdy platform for crowd source funding. They can be put to the use of noble causes like raising money for charities. Since the internet is something millions of people has access to, you can raise a large amount of money in a short period for a particular cause. So, if you are planning to set up one of these online fundraising sites, here are some pointers on how to run a successful charity site.

Effective tips for charity blogging sites

The basic rule for websites which are dedicated to raising money for charity is maintaining a good relationship with bloggers and other main streamers on the internet. Their opinion about you is most important. They need to trust you and have faith in your motto, because any kind of news spreads like a virus online. These main bloggers and writers will act the part of carriers. So, try to make them understand your goals and the charitable causes you are affiliated with. If they believe and respect your work, you might wake up the next morning to your website trending on the search engine with all the traffic generated by those popular blogs that you never knew existed until now.

Many creative ideas can be used to draw the focus of people to crowd funding sites. For instance, making videos of the charitable cause which you are promoting is a good idea. You can post these videos on the website and share the link of the video with popular bloggers and writers. Before making videos, cause should be always motivating. People who have donated before will continue to do and the newcomers will be impressed with the changes their money is making. You can soon expect the news to travel through various social media portals like wild fire.

Another interesting concept would be to hold auctions on your website. Raising money for charity just by convincing people can be tricky. When times are hard, you can opt for auctioning various items which were also donated by generous people. Jewelry, clothes, hard to find novels, classic furniture’s, sports gears, every item that was given away in an act of donation. You can create accounts in the website’s name and as the administrator, personally engage in interactions with the donors, even can find the website like http://myefunder.com to get bunch of investors.

5 Major Advantages of Online Fundraising

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5 Major Advantages of Online Fundraising

Crowd funding is a new way of online fundraising which can help entrepreneurs find investors easily, and find a proper platform where they can publicize their creative ideas in order to get lots of investors interested to put money into their projects. Efficient and cost-effective, crowdfunding platforms can go a long way to help you in getting your funds. It offers the 5 major advantages to any entrepreneur.

You can raise funds easily

It is quite difficult to raise the initial capital for any venture. But whether you have a business, a film, a social cause or even a personal cause to raise money for, you will find crowdfunding sites to be extremely useful. These save the time and effort needed to talk with bank authorities, apply for loans and inform about your business idea. If you are turned down by traditional lending organizations, these platforms can be a great alternative way to raise funds.

You can avoid risks

As a startup without enough business knowledge, putting your own money in the line can be an extremely risky proposition. However, crowd funding helps you avoid the risk of investing your personal funds. Even if the project fails, you will not land up with a financial emergency. You can even test risky business ideas with crowdfunding.

You can use the platforms for marketing

Crowdfunding platforms prove to be one of the best ways to raise money. Other than helping you with fundraising, it can also assist you with marketing. You can get vital marketing tips and ideas from experienced investors on crowdfunding sites, get them connect you with valuable business contacts and also get feedbacks from them about whether or not you need to fine-tune your business model in order to make it more successful.

You can promote your offerings before launch

There is also the advantage of being able to promote your products and services before actually launching them, and finding out whether they are actually able to generate some interest in potential consumers. You can also get valuable suggestions on improvement from online users on crowdfunding platforms and tweak your offerings to make them more suitable for consumers.

You do not have to offer stocks or ownership

With online fundraising platforms, there is no need for you to offer remunerations to your contributors in terms of money, equity or any special privilege. In exchange for funding, you may offer free tickets for concerts, t-shirts or mugs, discounted services etc.

Keywords: Crowd funding, crowdfunding platforms, crowdfunding sites, online fundraising, crowd source funding, ways to raise money

How to Market Your Crowdfunding Campaign

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4 Things to Consider Before Creating any Crowdfunding Marketing Pitch

The ongoing recession has made it more difficult for people to get the funds needed for setting up their startup businesses. This has also made crowdfunding more popular, and startup owners and even people with financing requirements for projects of all shapes and sizes are turning more and more towards this type of funding. However, not every crowd funding marketing pitch is successful and this is exactly the reason why you need to consider these 4 things before making a pitch.

Think about the business idea

First of all, you need to have a proper idea about the business plan that you intend to make a pitch for. Your business idea and model should be attractive enough for investors, and interest them enough to put their money into your venture. Analyze whether or not you have such a business model. You should also be clear about the kind of profits or rewards that you will be able to offer to your backers on crowdfunding platform in exchange for the investment.

Be clear about the capital

You should also have a clear conception about the kind of capital that you need. On crowdfunding sites, do not ask for less than the total amount of funds that you require for starting your project or venture. Make a list of the expenses that you will need to make, and work out an investment amount that will help your business to start comfortably. Make a pitch for that kind of funds on the crowd funding websites.

Consider the platforms

There are lots of crowdfunding sites on the internet, but not all of them accept all types of project. You need a crowdfunding platform that will accept the type of project you need to gather funds for. It is a good idea to research on the internet and know about various crowd source funding sites and find out which ones accept your type of business project.

Have proper marketing tools in place

Finally, you should also have the right marketing tools in place for your crowd source funding pitch. Once you create the images, videos and posts for your marketing pitch, show them to your friends and family members, even to outsiders, and ask whether they look up to the mark. If the feedbacks are negative, you should try and make them look as professional as possible. With amateurish creations, you cannot go too far with your crowdfunding campaigns.

Keywords: crowdfunding, crowd funding, crowdfunding platform, crowdfunding sites, crowd source funding

Crowdfunding for Medical Research

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3 Ways Crowdfunding Helps in Medical Research

The new century has seen a lot of advances in the field of science and medicine. Technological advancement has made medical practice better, more economical and quicker. The best thing about this advancement has been the type of benefits that patients are now able to get. The innovations and scientific advancements in the domain of medicine has helped also doctors and medical researchers to devise newer and easier methods of treatment, and experiment more as far as treating patients is concerned. But the lack of funds can kill the progress, and it is a fact that only grants are insufficient where medical innovation is concerned. Added to these, there are continuous budget cuts in these programs which make it quite tough to initiate and carry on meticulous research. Crowd source funding, one of the best ideas for fundraising, proves to be assistive in at least 3 ways.

It can help raise money more easily

With medical research, it can be quite tough to get government grants and even private organizations seem disinterested at times to loosen their purse strings without enough scope of profitability. However, there can be a major benefit in the field of medical research with the help of crowdfunding. It can help research organizations to publicly advertise their requirements and make use of online ways to raise money. It is able to create awareness even among investors who have been hitherto unaware of the scope of this type of investment. Investors can be wooed into backing these types of research projects for various reasons – any personal interest in the research, an interest to earn decent returns on investments or an inherent interest in the domain of medicine and medical science.

There are many platforms available

There is a wide range of crowdfunding platforms available, which are reward based in nature. These have assisted researchers to gather enough money from many investors, even total strangers, to finance their medical experiments which would not have been finished otherwise. With the availability of many crowd source funding platforms, there is the scope to get more and more backers interested. However, it is tougher to set up a biotech firm or a life science organization only from donations. With reward based crowdfunding, funds can be raised for the starting research. Once enough information is obtained and experiments are carried out for the medical trials, researchers can catch the interest of many VCs, economical strategic partners and dynamic partners more easily.

It helps broaden the investor population

Online fundraising is also one of the best ways to raise money for clinical research, considering the fact that it helps democratize investments as it lets any individual earn through investments in private organizations that solely aim to improve life science There is enough chance for patient communities to lend their own support to researches and innovations in medical and life science. Crowdfunding platforms are helping even people interested in bringing about a change in the healthcare system to make their monetary contributions, in however small way possible. This is undoubtedly one of the best ideas for fundraising.

Keyword: crowdfunding, crowdsourcing, online fundraising, ideas for fundraising, ways to raise money, crowd source funding, grants

How to Open Up a Fundraising Website Easily

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How to Open Up a Fundraising Website Easily?

Crowdfunding is a method of crowdsourcing, and is used to gather funds in the form of donations for particular projects. If you are thinking of thinking of establishing a new project or business, but lack the capital to invest in the same, you can use a fundraising website and get likeminded people to donate funds for your venture. You may also consider setting up your own site, and the following tips will assist you in establishing one for your requirements.

Think about your objectives

First of all, you have to consider your crowdfunding goals. You will have to write, design and program your fundraising website around the objectives that you have set. You will need to keep various factors in mind, such as the target audience, the objective of online fundraising, how to raise the money, the amount of money that you need and also how you will reward the supporters.

Consider how you wish to do fundraising

Determine the way you plan to do online fundraising. Funds can be raised by accepting donations from online backers or through the sale of merchandise. You should set up a payment system in any case in order to ensure easy and quick transactions. Many online payment firms design widgets, and you can integrate any of them into your own fundraising website.

New or Prepackaged Site

You will also have to consider whether or not you should build a crowdsourcing site from scratch or use a prepackaged site. If you are adept at HTML coding, you can build a new website for crowd funding. However, if web development is not something you are conversant with, it will be better to opt for a prepackaged solution.

Select a proper website layout

You need to choose a decent layout for your website which can help you meet your crowd source funding goals effectively. It is important to choose a layout which is simple as well as functional. The donation widget needs to be able to facilitate smooth and fast contributions and welcome the visitors through proper video or audio communication features.

Choose proper elements

You need to choose proper elements, such as a proper title for the home page, welcome message, descriptions, instructions for backers and more. It should look professional enough for your crowd source funding purposes.

Promote your site

Once you build the site, promote it all the way with the help of social media sites, email, events, personal meetings, phone calls etc and try to convince investors as much as possible.

Keywords: crowdfunding, crowdsourcing, fundraising website, crowd funding, crowd source funding

Get the Funding You Need For Your Project

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Get the Funding You Need For Your Project through the Best Fundraising Ideas

The truth is that there are many fundraising ideals but only few are effective and efficient to produce required result. So, you need not to contact a company that is not knowledgeable in fund raising when you want to fund raise for any reason. More so, you need to ensure that you hire a fund raiser that is current about the latest ideals in fund raising. These and more are what made it important for you to know https://www.pinterest.com/myefunder/ .

The Fundsourcing Ideas That Work

Whether you are sourcing for fund or you are planning to fund raise, there are needs for you to contact an expert for the service. There are many fund raisers that normally give their clients deadline for them to get certain amount of fund. Working with such fundraiser can make you lose everything and even be in debt. That is why you need to link up to the aforesaid link for easy fundsourcing experience.

Be In Control of Your Donated Fund through the Reliable Fundraiser on This Site

Apart from the fact that you will enjoy freedom without any set deadline for your fundraising when you leverage the service rendered on https://www.linkedIn.com/company/myefunder/ you are also going to stand chance of being in charge of your fund. There are no penalties for missing fundraising goal as there is nothing like goal in the first place. So, you will enjoy total freedom when you make this link selected for fundcrowding.

The Right Site You Need To Enjoy Equity in Your Fundraising on the Internet

Before going ahead to hire any fundraising expert on the internet, you need to know more about equity as regard the service of the company. Then what is equity as you may like to ask, it is simply fairness and treatment of others with justice and fairness. For that reason, you have to ensure that you contact a company that has equity as their watchword when you want to hire any company for your crowd funding.

A Must Know About Crowd Funding Sites on the Internet

Indeed, http://myefunder.com is the right site you need to know when you want to fund raise for any project. The truth is that there are multiple and other renowned fund raising sites which you can find inside this site mentioned above. That is why you have to confirm the content of this site when you want to fund raise.