I had previously heard about Crowd Funding, but I only really got the gist of it recently when a colleague mentioned it and reminded me of its existence. The Crowdfunder is a website that is run by the University of Exeter and its aim is to fund small projects (generally up to £500 but it can be larger amounts) in the UK. The projects can range from individual artists wanting to have enough money for successful art projects to supporting the harvesting of olives in Palestine.
The Crowdfunder works in a way that UK residents can post their projects online and then potential funders (e.g. business or well-off individuals) looking into investing in worthy projects can search the database and pick their fundees. Once the set fundraising target has been achieved, the website takes 5% commission in order to be able to keep functioning.
A website definitely worth keeping in mind and looking into when thinking of funding a small-scale project:
www.crowdfunder.co.uk
The Crowdfunder works in a way that UK residents can post their projects online and then potential funders (e.g. business or well-off individuals) looking into investing in worthy projects can search the database and pick their fundees. Once the set fundraising target has been achieved, the website takes 5% commission in order to be able to keep functioning.
A website definitely worth keeping in mind and looking into when thinking of funding a small-scale project:
www.crowdfunder.co.uk
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