CrowdFunding Platform Intends to “Enable Education for All”

San Jose, CA / ACCESSWIRE / March 10, 2014 / FEDU.org (FundEdu), a new crowd-funding platform for education, recently launched with an ambitious goal: to bridge the global education gap.

FEDU is a platform for the everyday person to contribute to small-scale micro-grants for education: needs are identified, posted to FEDU’s platform, and then funded by contributors who feel connected to the stories posted. FEDU’s mission, “Enabling Education for All”, will shine a brighter light on global educational inequalities and build a community of contributors passionate about closing that gap.

As a crowd-funding platform, FEDU not only facilitates the funding of educational projects, but is also “crowdfinding” them. While crowdfunding has become popularized as a way to pool small contributions that add up to significant funding, FEDU hopes that this same collective effort can be applied to identifying the educational needs of individuals globally – introducing the concept of crowdfinding. FEDU’s Founder, Chet Jain, explains “The idea is to take advantage of rapid-fire technology to help speed up the funding process, discover education needs that may have gone unnoticed and connect people on opposite sides of the globe.”

The democratization of funding for education, however, doesn’t come without standards. FEDU is working with community partners such as non-profits and microfinance institutions that sponsor beneficiaries and ensure funds are applied to their intended purpose. FEDU is dedicated to remaining transparent, accountable and diligent about tracking their impact, with plans to post updates and proof of disbursement of funds online.

Having launched in the United States and India, FEDU hopes to rapidly expand to more countries as they continue their mission. To date, FEDU has successfully funded pilot projects and plans to launch more in the coming months. From helping women in India gain training in cooperative dairy farming techniques to secure a more sustainable income, to helping low-income students in California access the enrichment programs that will help them overcome barriers to learning, FEDU recognizes that education means different things to different people.

FEDU is resolved to make funding for diverse global educational needs more accessible and is passionate about mobilizing people who believe that an investment in education has the highest social returns.

FOR IMMEDIATE RELEASE MEDIA CONTACT

To learn more about FEDU, and receive an invitation to their beta site, visit www.fedu.org or watch their launch video on Youtube. FEDU is also developing a line of t-shirts and wristbands that will help launch a visible movement for education, sparking curiosity and encouraging more people to contribute to education. To buy FEDU gear visit http://www.shop.fedu.org/

About FEDU

FEDU is a rewards-based crowdfunding platform to identify and fund indigenous educational projects internationally. Founded in 2013 by Chet Jain, FEDU’s goal is to improve lives by enabling education for all. FEDU is headquartered in San Jose with teams in the Bay Area and India. For more information on FEDU, please visit http://www.fedu.org/

Media Contact:
Divya Patel
divya@fedu.org
510.400.8190

Tags: , ,

HEADLINE NEWS

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news [...]

ForbesHow This Millennial Built A 7-Figure Business Using Equity CrowdfundingForbesWhen he asked them to help fund his company's crowdfunding campaign, they delivered—exceeding his initial goal fourfold and ranking it one of the fastest and most successfully funded companies on R [...]

The GuardianWorboys' victims launch crowdfunding appeal against releaseThe GuardianThe women are aiming to raise £10,000 to pay for a judicial review that would initially force the Parole Board to reveal its reasons for releasing the 60-year-old, who has served 10 years in jail. [...]

Crowdfunding campaign aims to help Terrell Co. foster childrenWALB-TVAn Albany woman is hoping to help foster children in Terrell County by providing them with things people often take for granted. Kaley Hart has launched a crowdfunding campaign on TogetherWeRise.org. She hopes to rai [...]

LifesiteFacebook blocks crowdfunding site for new movie on how abortion ...Lifesite'Given Facebook's claims to be a neutral, open forum...I regard this as scandalous and I call on Facebook to cease and desist.'and more » [...]

Bristol PostBristol man crowdfunding for YouTube comedian after 'racist' millionaire landlord sues himBristol PostBristol man crowdfunding for YouTube comedian after 'racist' millionaire landlord sues him. Multimillionaire Fergus Wilson has vowed to "bankrupt [...]

Entrepreneur3 Crowdfunding Tips Every Company Forgets From a Brand That Raised $800000 and Got AcquiredEntrepreneurCrowdfunding takes a lot of planning, whether you're gearing up for a launch, a ship date or thinking about the next source of funding you'll pursue. But it [...]

The Good Men Project (blog)EPIC HAWAIIAN OPEN WORLD ACTION-RPG 'NIGHTMARCHERS' IS ON GAMER CROWDFUNDING PLATFORM FIG!The Good Men Project (blog)Wyrmbyte, makers of MOBA short-session social gaming hit Dragons and Titans (1 million + players worldwide) announced it's int [...]

XinhuaUN Palestinian refugee agency launches crowdfunding campaign following US aid cutXinhuaA Palestinian refugee child is seen at al-Shati refugee camp in Gaza City, on Jan. 17, 2018. The United Nations Relief and Works Agency for Palestine Refugees (UNRWA) said Wednesday that it ha [...]

Prescott eNewsCrowdfunding Campaign for Downtown Coworking Space UnderwayPrescott eNewsWhy work alone, when you can co-work? For those who identify as a freelancer, entrepreneur, remote worker, small business owner, micro-business, non-profit, or startup – the coworking concept helps [...]

CFB Finance

Marketwired

  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

CrowdFund Beat Media

2018 Fintech World Conference & Workshop, Announcement:Game Changer” Fintech World Media, PR & Marketing Group Proudly Presents: lnkd.in/gqdCrTr

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |