On this page you can find out how crowdfunding works and which sites you could visit to get your project up and running.
There are variations in ethos and focus but essentially all of them are for building your own ‘crowd’ of supporters and investors. Many operate globally even when aimed at supporting local projects.Crowdfunding became popular after Barack Obama used these methods to fund his presidential campaign.
This infographic from Crowd Power: What Is Crowdfunding? helps explain the different approaches to crowdfunding and the advantages and disadvantages of each. You can also skip to our resource section for a list of useful crowdfunding websites.
- Buzz Bnk: www.buzzbnk.org Ventures with social objectives. NESTA prizewinner.
- CrowdingIn: A directory of Crowdfunding websites by NESTA to help you find the platform most suited to your financing needs. This directory lists information on those platforms currently open to fundraising from individuals and businesses in the UK.
- Spacehive: www.spacehive.com Neighbourhood improvement projects.
- Funding Circle: www.fundingcircle.com Businesses looking for low cost loans and investors looking for better returns through having no middlemen.
- Transform Your Patch: www.transformyourpatch.com Partnership between Groundwork (the environmental charity) and a soft drinks company to transform outdoor spaces.
- Angel Investment: www.angelinvestmentnetwork.co.uk Connects entrepreneur and investors.
- Sponsume: www.sponsume.com Global site for artistic and entrepreneurial projects.
- Crowdfunder: www.crowdfunder.co.uk Innovative ideas and projects.
If you type ‘crowdfunding’ into your search engine you’ll find many more of these websites, and hopefully one that suits your needs.
Donna Turnbull | Training and Mentoring Officer
Tel: 0207 284 6567 | Email: firstname.lastname@example.org