Comparison of Top Crowdfunding Sites

Similar documents
Crowdfunding - a report by Adeoluwa Adeniyi September 2012

Don Minges. Executive Education, Inc. Don Minges, of Business at Duke University. Written by MBA. Executive Education, Inc.

DIFFICULT TIMES FOR SMALL BUSINESS

CROWDFUNDING RESOURCES

ACCESS TO CAPITAL FOR ENTREPRENEURS. Gary Lindner, President & CEO

CROWD. Funding. An Introduction. A Blue Beetle Books Publication

Fiscal Sponsorship Program Manual

Successful Crowdfunding: Tips, Tricks and Lessons Learned

ESADE Lecturer, Department of Financial Management and Control

The Young Entrepreneur's guide to starting a business (Part 5)

GUIDE TO STUDY ABROAD CROWDFUNDING Running a Successful Campaign

Ten Myths of Crowdfunding

START UP FUNDING. new product idea? How to raise finance. * crowdfunding vs traditional funding methods

Social Media for Business and Pleasure

ACCESS TO CAPITAL FOR VETERAN ENTREPRENEURS. Gary Lindner, President & CEO

Lasik Surgery Campaign

Dr. Richard Swart, UC Berkeley Alternative Finance: How to Take Advantage of New Financing for Your Business

Roosterly Referral Program

Crowdfunding: Why People Are Motivated to Post and Fund Projects on Crowdfunding Platforms

THE ROLE OF CROWDFUNDING IN ENTREPRENEURIAL FINANCE

WELCOME TO POSSIBILITY

Alternative Finance in the UK in loans.co.uk

Markets, Forums and funding

Payments Overview PayPal

Crowdfunding & Alternative Finance

Campaign Handbook

Understanding Crowdfunding Work: Implications for Support Tools

A Beginner's Guide to Understanding the Basics of Crowd Funding

What is CREATIVE CAMP?

Top tips for online campaign optimisation

Social media is a powerful tool. Many people are well aware of this and with the 1.6 billion people on Facebook, surely that is enough to at least

USEFUL TERMS Crowdfunding getfunding.com.au Rewards Keep It All Campaigns All or Nothing Campaigns

Simplify your business. Sell more tickets.

New Film Funding Initiative Thunder Funder to Offer $12 Million in Services to 12 Indies

Mapping - The State of The Crowdfunding Nation Documenting The Global Rise of efinance & the efunding Escalator

Today, I am an entrepreneur who shares and does the things that I love.

Lloyds Bank Insurance Big Issues for Small Businesses III

ACCESS TO CAPITAL FOR ENTREPRENEURS. Anointed Women Ministry - Small Business Workshop Gary Lindner, President & CEO

Alternative Sources of Funding Your Business. Presented by: Eva Brown, Director of the Access to Capital Program

UNDERSTANDING DEBT AND EQUITY CROWDFUNDING FROM A LEGAL PERSPECTIVE

monthly search engine optimization

How to Fundraise For a Charity - UK

Crowdfunding Art, Science and Technology : A Quick Survey of the Burgeoning New Landscape

START UP FUNDING. new product idea? How to raise finance. * crowdfunding vs traditional funding methods

THANK YOU FOR YOUR COMMITMENT TO FUNDRAISE FOR WORLD BICYCLE RELIEF.

How To Fund A Business

ClickClickMedia.com.au - jeremy@clickclickmedia.com.au

Getting started with your tool

Crowdfunding: beyond the hype, why banks should be serious about it

Young Entrepreneurs: An Essential Guide to Starting Your Own Business. 1. Young Entrepreneurs - An Essential Guide to Starting Your Own Business

BUSINESS EDUCATION. Business & Professional - Small Business Management. Business Education. Business Owner Management Certificate

Exhibit 1 SPONSORSHIP MANUAL. Updated 2/19/14

FINANCIAL PLANNING AND FUNDRAISING ROUNDTABLE

What is crowdfunding and why banks should appropriate it? Towards Crowdbanking. September 2013

The Future of Finance

CDFIs and JOBS Act Crowdfunding

Raising Money on the Internet - Crowdfund Vs Traditional & Modern Methods

Raising money at Girlguiding

Implementation and Marketing for a Successful Crowdfunding Campaign Case: X-routes

Crowdfunding: What It Is and What It Isn t

IBSwebpro Web Design Services. ecommerce Website Design Projects

SBIR Changes + Crowdfunding

Spring 2015 SMALL BUSINESS COURSES & SEMINARS

Crowdfunding: Motivations and Deterrents for Participation

Ambassador Compensation Plan YOUR STEP-BY-STEP GUIDE TO SUCCESS

COURSE DESCRIPTION. Students participating in the course should have proficiency in one or more of the following areas:

Landing page copy. Web design & Development. Tagline: Heading 2: Sub-text: Page copy: hello@friday.ie

HOW DOES CROWDFUNDING IMPACT JOB CREATION, COMPANY REVENUE AND PROFESSIONAL INVESTOR INTEREST?

Press Kit. The Bad Mother is an independent feature-length dramatic comedy produced by Pollinator Films Inc.

EQUITY CROWDFUNDING FOR THE ARTS & CREATIVE INDUSTRIES

DECC Campaign Toolkit

Financing Your Specialty Food Business. Shermain Hardesty, Ph.D. Agricultural & Resource Economics, UC Davis & UC Small Farm Program

THE JOBS ACT AND ITS IMPLICATIONS ON CAPITAL RAISING FOR STARTUP COMPANIES

Non thesis phd programs >>>CLICK HERE<<<

Welcome to Thinking About a Website? An Introduction to Websites for Business Course

Early Stage Funding. Dragon Law. This book is for sale at This version was published on

Crowdfunding for Technology Companies 27 March 2014

Communication Audit Chapel Hill Downtown Partnership

FINANCIALLY SUSTAINABLE INCUBATION MODELS KEY SUCCESS FACTORS WG3 TIERS OF SUPPORT

How to Finance a Start-Up Business

CHECKLIST FOR A KILLER FACEBOOK AD CAMPAIGN. f rewards

Taking Your Business to the Next Level with Crowdfunding: Navigating the Legal Minefields

How-To Case Study Marketing Automation for Misers: Strategies for implementing an effective automation program on a tight budget

Design Can Change: Answers for buyers of graphic design

Can't Get a Business Loan? A Guide to Alternative Business Financing

How non-profits and social enterprises win in crowdfunding

PEER-TO-PEER SOCIAL MARKETING

Briefing: Digital Income Generation

BECOME A SOCIAL MEDIA MANAGER KICKSTART YOUR NEW CAREER

Spread the Word Referral Program Getting Started Guide

The Top Ten Mistakes. That CEOs And Business Owners Make With Their Websites (And What To Do About It). By Dan Kaplan, CoFounder of periscopeup

The Crowdfunding Handbook. A guide to running your campaign

How Big Will the Debt and Equity Crowdfunding Investment Market Be? Comparisons, Assumptions, and Estimates

Getting What You Need: Grant-Writing for the New Teacher. ISU New Teacher Conference [6/26/15] 11:00-11:50 McCormick Hall 255 Kira Hamann, M.S.Ed.

Sep 10. Jan 10. Sep 09. Jul 10. Jul 09. Mar 10. Nov 10. May 10. Nov 09

Web Banner Design Tips

Website Marketing for Customer Gain and Retention. Rural Cellular Association

Crowdfunding Models: Keep-It-All vs. All-Or-Nothing *

HSC: All My Own Work. Copyright. Introduction. Module Outline

Think About the Big Picture

Transcription:

Comparison of Top Crowdfunding Sites Nevada Small Business Development Center

Kickstarter Filmmakers, artists, musicians, designers (creative projects) All- or- nothing funding only Rewards (usually a part of the project, i.e. copy of an artist s 5% + 3-5% Amazon Payment fee 44% Avg. Amt. Raised $5,000 28,000 projects funded successfully since 2009. Projects are reviewed before being accepted by Kickstarter, only about 60% are accepted. Indiegogo Avg. Amt. Raised $15,000 Anything and everything All- or- nothing or keep what you earn formats available Perks (usually a part of the project, i.e. copy of an artist s 4% if you make your goal, 9% if you don t make your goal and still want to keep what you ve earned, + 3% credit card transaction fee Indiegogo is known for its success at raising money for campaigns and causes instead of specific projects or products. Many campaigns raise well over $100k. Almost any type of campaign is accepted.

RocketHub Avg. Amt. Raised $15,750 Anything and everything All- or- nothing or keep what you earn formats available Perks (usually a part of the project, i.e. copy of an artist s 4% if you make your goal, 8% if you don t make your goal and still want to keep what you ve earned, + 4% credit card transaction fee 17% Money that is pledged is taken out of funders accounts immediately, rather than after the funding period is over like most other sites. Fundable Avg. Amt. Raised $10,000 Start- ups All- or- nothing only Rewards (since this platform is for start- ups, rewards can range from a product to a seat on the company s board) $99 per month as long as the project is active, + 3.5% credit card processing fee 30% Applications are reviewed thoroughly before being accepted. The minimum amount that can be raised is $1,000. Funders can also voluntarily offer business advice or assistance to the start- up they fund.

Peerbackers Entrepreneurs Keep what you earn Rewards 5% + 2.9% PayPal fee 25% Avg. Amt. Raised $6,250 Projects can choose to keep what they earn even if they don t make their goal. StartSomeGood Social entrepreneurs and non- profits Projects must reach a tipping point to be funded Rewards 5% + 2.9% PayPal fee 42% of projects reach their tipping point Avg. Amt. Raised $4,300 This platform is only for good projects. It is geared toward the social entrepreneur, but can be used for for- profit and non- profit projects. Projects choose a funding goal and a tipping point (25-100% of actual goal). Projects must be funded at least to the tipping point to get any of the money raised.

CrowdFundingLIVE Avg. Amt. Raised Projects started by women All- or- nothing, 60% model, and four- step model Rewards 5% for all- or- nothing, 9% for 60% model, 7% for four- step model + 2.9% PayPal fee This is a brand new site with only two projects closed so far. One was successful (ind. film, raised over $20k) the other did not reach its goal. They have four more projects raising money currently. This site has a large local presence so it is very relevant to projects in the Reno/Tahoe area. They also hold live events in the area for those interested in crowdfunding. The 60% model requires projects to raise at least 60% of their goal to get funds. The four- step model divides the total funding goal into four equal parts, or tiers, and funds are given according to how many tiers are funded.