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

Marketplace.orgCrowdfunding for your life - MarketplaceMarketplace.org"When I took that phone call, and I learned that this was just going to completely uproot my whole life, I'd say I spent maybe 10 seconds or so only freaking out ...and more » [...]

The Sydney Morning HeraldWhy I won't bother crowdfunding again - The Sydney Morning HeraldThe Sydney Morning HeraldTheir crowdfunding bid exceeded financial expectations, but this Australian brand says it wasn't all that it cracked up to be.and more » [...]

Android Authority (blog)Crowdfunding project of the week: Flipp is a “beautiful and simple” music remoteAndroid Authority (blog)Don't know where to find your next tech gadget? Crowdfunding sites like Kickstarter and Indiegogo are good for finding alternative technology coming fro [...]

The Ethics of Crowdfunding for Lawyers: Uncharted Territory or Familiar Terrain?Justia VerdictHistorically associated primarily with tech startups, crowdfunding, or soliciting money from numerous individuals via an online platform, has in recent years become a viable option for lawyer [...]

ForbesThis $130 Million Fund Is Leading The Way In Real Estate CrowdfundingForbesWhen people think of crowdfunding, the first word that jumps to mind is Kickstarter. But crowdfunding is not limited to supporting the next card game or independent film. Crowdfunding is becoming a viable [...]

Omaha World-HeraldCrowdfunding offers easier way to ask for college cash | Money ...Omaha World-HeraldMore 529 plans, the accounts that give families a way to put away cash for college, are adding crowdfunding-like tools that make it easier for savers to ask family ...and more » [...]

The Southland TimesArrowtown musician Holly Arrowsmith crowd funding new albumThe Southland TimesHouse concerts and wedding gigs are all up for grabs as Queenstown's own TUI Award-winning queen of folk Holly Arrowsmith turns to crowdfunding for her second album due out later this [...]

CNBCWeSearchr: crowdfunding platform becoming home for alt-right causesCNBCIn less than two months, "Daily Stormer vs. SPLC Legal Defense Fund" raised more than $155000 on the WeSearchr platform.and more » [...]

TIMEA Crowdfunding Effort Launches to Commemorate Khadija Saye, Artist Killed in London InfernoHyperallergicOn Saturday, friends and supporters of the artist Khadija Saye — who died in the devastating Grenfell Tower fire in west London last week — launched a crowdfunding campaign to c [...]

Crowdfund InsiderCOUNTDOWN: 2 Weeks from Now Crowdfunding Will Change the World of Men & Women ForeverCrowdfund InsiderCrowdfunding has been much misunderstood and, let's be honest, has underperformed our best expectations. It was supposed to “democratise finance” – and much [...]

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