Crowdfunding kids: How to kickstart creativity and planning

One mom encourages her son to test crowdfunding site Kickstarter, and learns that kids are well-represented on the crowdfunding circuit.

Quin Suhay poses alongside lawn mosaics he created. He has started a Kickstarter.com campaign to raise funds to create as many numbers for Pi as he can fit into his yard.

Quin Suhay poses alongside lawn mosaics he created. He has started a Kickstarter.com campaign to raise funds to create as many numbers for Pi as he can fit into his yard. photo: Lisa Suhay

Lisa Suhay,| CS Monitor | JULY 25, 2014 – Crowdfunding has become a popular way for adults and kids to kickstart dreams in areas ranging from the arts to technology. It’s also a great way for parents to help their children realize some small dreams while teaching them about how to define and communicate their goals to others.

Our youngest son Quin, 10, who loves both math and art, was bored to tears when most of his friends packed off to summer camps we couldn’t afford.

That left me to run Camp Mom and him to think about STEAM (Science Technology Engineering Art and Math) projects he might like to tackle while his friends are away.

I have been making mosaics with him and doing other art and craft projects that incorporate geometry, patterns, calculations, and creativity.

When a neighbor saw all the things we were making for our yard, she gave us plain old, round, concrete stepping stones to try and transform. I suggested that we try making mosaics of numbers to make a hopscotch board in the grass along the side of our home.

“If we’re doing something with numbers, we should do Pi instead,” Quin said. “I think we should try and challenge ourselves to make as many of the numbers in the sequence as we can possibly make.”

That would be great, but Pi is an irrational number derived from the equation for the ratio of a circle’s circumference to its diameter. So therefore, the digits of Pi are infinite.

Making mosaics requires mortar, grout, and tile or smashed up ceramics and glass. We had enough resources to afford to make only the first six digits of Pi – 3.14159.

“That’s what I call Puny Pi,” said Quin grumpily. “I could raise money like my friends did.”

After seeing two of his friends go door-to-door asking for money to “fund our dreams” I decided to give Quin a safer way to make his goal by starting his own Kickstarter campaign.

We went through the steps of setting up an account together under my name. Kickstarter allows kids to do campaigns as long as the account is set up in the parent’s name with an adult’s banking information, according to Kickstarter Communications representative Justin Kazmark.

Setting up the campaign on Kickstarter was a great exercise for Quin because it entailed writing a short bio and mission statement, and clearly outlining his goal. He also had to speak on camera to make a video, which meant verbally communicating his goals.

We even did a little research by looking at campaigns by other kids and adults to see if we could detect a pattern that led to success.

read more: http://www.csmonitor.com/The-Culture/Family/Modern-Parenthood/2014/0725/Crowdfunding-kids-How-to-kickstart-creativity-and-planning

HEADLINE NEWS

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

CNBCSociete Generale acquires renewable energy crowdfunding platform ...CNBCLumo offers businesses and individuals the opportunity to help finance a range of renewable energy projects.Societe Generale buys French renewables crowdfunding platform LumoRenewables NowSociete Generale buys [...]

TNWXiaomi is crowdfunding this hella cute e-bikeTNWMost people know Chinese gadget maker Xiaomi for its Android phones and accessories – but in its home country, it offers a vast array of products ranging from robot vacuum cleaners to desk lamps to travel pillows. It even crowdfunds n [...]

e27Crowdfunding is changing the world for the bettere27For example, crowdfunding platforms, which have already raised billions of dollars for everything from cool gadgets, college educations, mortgages and small businesses, have been very successful in raising money for philanthropic [...]

Minnesota LawyerBreaking the Ice: Fundraising setbacks inspired crowdfunding effortMinnesota LawyerRobins eventually helped craft legislation establishing MNvest, the state's equity crowdfunding program for small businesses. MNvest offers small businesses in the state the opportu [...]

Finextra (press release)SocGen buys renewable energy crowdfunding platformFinextra (press release)Societe Generale has acquired Lumo, a French crowdfunding platform for renewable energy projects. Financial terms of the deal were not disclosed. Since launching in 2012, Luno has seen th [...]

Why Canadian real estate developers are exploring crowdfundingITBusiness.ca (blog)Bob had some frequently asked questions by developers and investors when discussing crowdfunding in real estate, so I have written this article to share these insights with readers of ITBusiness.ca. Whil [...]

How women entrepreneurs can get the most out of crowdfundingMarketWatchCrowdfunding can actually be a very effective way to get a business off the ground and keep it rolling. And women are taking advantage of it more. These days, 47% of successful campaigns on the popular crowdfunding [...]

The IndependentGosport families launch crowdfunding effort to fund fight for criminal prosecutionsThe IndependentThe families of patients killed by medically unnecessary opiates at Gosport War Memorial Hospital have launched a crowd-funding appeal to raise funds for a barrister to fig [...]

Billy Bike goes for crowdfunding to expand in BrusselsThe Brussels TimesThursday, 21 June 2018 10:14. Billy Bike goes for crowdfunding to expand in Brussels ©Billy Bike. Billy Bike, the Brussels bike-share system for electric bicycles, is to turn to crowdfunding to finance an expansio [...]

CFB Finance

Marketwired

  • Crowdfunding
  • Crowdfund
  • Error
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

RSS Error: WP HTTP Error: cURL error 28: Operation timed out after 9978 milliseconds with 3242874 out of 6975975 bytes received

Press Release

CrowdFund Beat Media

Cryptocurrencies and ICOs: An SEC enforcement perspective - mailchi.mp/fintechworld/2…

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 |