Every one sees dream, but only few of them could make it true. Factor that resists your dreams from getting true, is mainly due to finance support. But, with fast changing world this can also be avoided and one can give a start to his or her dream or for social cause by getting financial support from the big sites. There are sites that can help anyone in collecting money for their social causes and even for their dream projects. This happen with few simple steps. You have to sign-up and create a campaign with describing the purpose of your cause. The investors see your campaign and donate money through the site.
2. Indiegogo:- Anyone can raise funding through this site by freely singing up. It is not restricted to only US citizens but required the proper legal documents related to your campaign. Creating a campaign on Indiegogo, you have to write cause, benefits, affect and other useful info. It means you have to create small memorandum. Indiegogo charges 4% of the funding amount, when you reach your set goals. The minimum funding amount can be set is $500.
3. RocketHub:- This site free sign-up account to get funds for social cause, education, and business. Rockethub charges 4% commission fees and 4% credit handling fees on reaching the set goal. To create your campaign, you have to describe the project in words and visuals (art, science, business, and social cause projects); Set the funding goal and fundraising time frame; Explain what you will give or do (goods or services) in exchange for funds.
Keep in mind before creating a project on these crowd funding sites that they will charge you more if you don't reach on your set in a fixed period. It can cost you up to 8% charge fees not reaching the set goals, instead of 4% on reaching the goals.
2. Wefunder:- It focuses on business start-ups and funds the groups or organization privately. They bring different investors who are ready to pay their 5-10% of the income per year and can become a certified investor for the new business. It creates you an investor of new start-ups. The investor gets the stock of the new company and can sell their stocks when company goes public.
Top 3 Sites to get finance support:
1. Kickstarter:- It is a popular site in collecting funds of the project. But, the limitation is that you should be US citizens with all related and legal documents demanded. Kickstarter launched in 2009, has grown massively and has helped raise over $552 Million dollars for over 38,000 projects and those numbers are growing every day. It provides different features to set your campaign like fixed funding you need, full description of your campaign to attract more investors and to receive money, you have to set goals in your campaign.Keep in mind before creating a project on these crowd funding sites that they will charge you more if you don't reach on your set in a fixed period. It can cost you up to 8% charge fees not reaching the set goals, instead of 4% on reaching the goals.
Other Business Funding sites:
1. Quirky:- They support and get funds for unique ideas for business and the products you want to launch in the market. They bring at least 3 new brand in the market every week by reviewing the campaign. You can help them in selecting the next great product by voting, commenting and collaborating on the products ideas. There is no fee to register with Quirky, and community members are welcome to vote, rate and comment on product ideas. If you want to toss your own product idea into the ring, the submission fee is $10 per idea, or $99 for a Quirky Pro subscription.2. Wefunder:- It focuses on business start-ups and funds the groups or organization privately. They bring different investors who are ready to pay their 5-10% of the income per year and can become a certified investor for the new business. It creates you an investor of new start-ups. The investor gets the stock of the new company and can sell their stocks when company goes public.
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