Social Entrepreneurs

Crowdfunding offers alternative to traditional investments

Illustration: Dom McKenzie

Crowdfunding websites offer anyone the chance to be an armchair ‘Dragon’ – from backing a start-up business to supporting a musical Share. Perhaps you’re looking for something that will give you a better return than a savings account. Maybe you fancy emulating the likes of Peter Jones and Duncan Bannatyne by becoming “an armchair Dragon” and investing in a fledgling business that you think has the potential to grow. Or perhaps you would like to do something good for your community, such as chipping in a few pounds towards solar panels for your children’s primary school, or to support a vital local amenity. Alternatively, you…

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Churches & Ministries Bank on New Funding Trend

May 4th - World Give Day

May 4th is World Give Day to increase volunteer work and charitable giving to the causes of the world and is encouraging Churches and Ministries to prepare to use the newest trend in fundraising—crowdfunding. “The bank’s cash is constipated for both profit and not-for-profit businesses.” said Connie Jay, an author and trainer on crowdfunding. Crowdfunding is the collective effort of people who network and pool their money and other resources together to support efforts initiated by other people or organizations. These supported efforts can be anything from disaster relief and non-profit support or startup companies seeking funds. “Crowdfunding is the people’s funding solution.” she said.…

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Crowdfunding For Boston Marathon Victims Shows Support From Around the World

Sydney and Celeste Corcoran

Among the 170 wounded near the finish line of the Boston Marathon on Monday were Celeste and Sydney Corcoran, mother and daughter there to see her sister Carmen finish the race on Monday. Celeste lost both legs in the bombing and Sydney whose injuries were life threatening is expected to recover fully. Both women had additional surgeries today and anticipate more before their battle for recovery is complete. Cousin to Celeste, Alyssa Carter reports that both women are in good spirits, with Celeste joking about becoming the “next Blade Runner.” Alyssa, anxious to rally support for the family in the face of devastating emotional and…

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New crowdfunding platform Dreamstarter aims for socially-minded start-ups

Entrepreneurs with a social mission are the target of a new crowdfunding platform called Dreamstarter, created by a partnership between ING Direct and StartSomeGood.

Entrepreneurs with a social mission are the target of a new crowdfunding platform called Dreamstarter, created by a partnership between ING Direct and StartSomeGood. StartSomeGood, launched last year by Tom Dawkins, is a crowdfunding platform for social innovation. Dawkins has described it as “Kickstarter but for social change”. And it seems the platform is living up to its name, launching a new initiative called Dreamstarter in partnership with financial services firm ING Direct in a bid to boost Australia’s social enterprise sector. Much like StartSomeGood, Dreamstarter enables Australian entrepreneurs to raise funds for social change projects, chosen by the Dreamstarter panel. The panel, which will…

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Taking the Capitol Hill Crowdfund to the next level: making the neighborhood better

__ "A Capitol Hill Tool Library? We’d invest in that."

For a few weeks now, CHS has featured Capitol Hill-related projects seeking funding via “crowdsourcing” services like Kickstarter. You can check out our Capitol Hill Crowdfund here. The Atlantic points us to Chicago where the city has rolled out an experiment in social funding that goes to an even deeper neighborhood level: Maybe, though, there is a less glamorous role for Kickstarter, and sites like it, to play in cities, not necessarily funding high-tech park architecture or the latest pop-up fad… but simply supporting small businesses and programs that create jobs. The city of Chicago this week is attempting this idea, rolling out a curated…

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Top Trends Entrepreneurs Should Watch This Year

As an Internet entrepreneur, making accurate predictions for the coming year can be tricky: It’s a market space prone to rapid change and relentless innovation. However there are three areas I’m convinced will take center stage: Crowdfunding and Alternative Lending With crowdfunding estimated to hit a mind-blowing $500 billion dollars this year, we’re only going to see more alternative startup financing become accepted staples, from peer-to-peer lending and investor associations to revenue based financing and of course the impact of a growing pool of angel investors. Investment trends started by companies like the Dell Innovators Credit Fund and Google Ventures (where those who invested in…

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Crowdfunding Success Stories Include $35,000 for Sock Monkeys and $2,000 for a Dry Composting Toilet

Crowdfunding Success Stories Include $35,000 for Sock Monkeys and $2,000 for a Dry Composting Toilet

Social entrepreneurs of all varieties are turning to crowdfunding to launch or expand their social efforts; recently I’ve connected with five who have shared their stories of how they raised up to $100,000 each. Do Good Bus Tour, Las Vegas Rescue Mission Rebecca Pontius led the effort for an organization called the Do Good Bus to raise $100,000 on StartSomeGood to show people how to volunteer by taking them on a bus to volunteer all around the country. She said, “A friend and I had been volunteering in LA for the past ten years at a couple different organizations and consistently had friends ask, ‘How…

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HEADLINE NEWS

The IndependentCrowdfunding: Great way of launching a business or minefield for risk?The IndependentIn the last two years equity-based crowdfunding - whereby the many invest a little each in return for a stake in the business and bypassing the closed, esoteric world of venture capital [...]

Filmmaker Magazine28 Tips on Crowdfunding and Promoting Your Film via Social Media from DOC NYC's Marketing BootcampFilmmaker MagazineContinuing my coverage of DOC NYC's Marketing Boot Camp (read part one here), this installment focuses on two information-packed presentation [...]

BBB Tip of the Week: Giving to crowdfunding sitesThe Spokesman-ReviewThere is a good chance if you are on social media or have an email account that you have been sent a link to a crowdfunding site to support an individual or organization. GoFundMe.com, YouCaring.com, Kickstarter.com [...]

Madison.comLaw change could boost little-used state crowdfunding lawsMadison.comDarryl Ingram of Racine founded a consulting business, Videoscore, that helps high school athletes connect with college teams. He hopes relaxed federal rules for state crowdfunding makes it easier for entr [...]

Waterbury Republican AmericanLaw change could boost little-used state crowdfunding laws ...Waterbury Republican AmericanIn this March 30, 2017 photo, former Green Bay Packers player Darryl Ingram poses in Milwaukee, next to the website for his personal consulting business, ...Law chan [...]

Trump's Economic Plans Suggest New Opportunities for Equity Crowdfunding BusinessChipInWhether you like his political agenda or not, President Donald Trump has clearly altered and energized today's business climate. His plan to deregulate the commercial capital sector sugges [...]

NanalyzeSelf Crowdfunding and the Failure of PlastcNanalyzeDeath is a sad thing when if befalls the people around us, and there are 5 stages of grief that people go through when they are mourning the loss of a loved one. There is now a 6th stage of grief that seems to have appeared la [...]

Business WeeklyInvestors boosted by new global crowdfunding indexBusiness WeeklyCambridge is at the heart of an exciting UK-China initiative to create what the partners believe is a world first crowdfunding index on a massive scale. BBD, which has its R & D nervecentre in Cambridg [...]

PR Newswire (press release)Vodi's Crowdfunding Round Reaches More Than $60,000 Raised in ...PR Newswire (press release)The next-generation mobile messaging app eclipses its first fundraising milestone with more than 70 investors on the WeFunder platform.and more » [...]

Android Authority (blog)Crowdfunding project of the week: Spark turns your phone into a DSLR camera remoteAndroid Authority (blog)The 'Crowdfunding project of the week' has become a tradition here at Android Authority. This article series is where we highlight some of the ho [...]

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