Crowdfunding A Funding Model Debe Fennell Why Crowdfunding

Crowdfunding A Funding Model Debe Fennell

Why Crowdfunding? People Money Resources

What is Crowdfunding? People use the Internet and Social Media to ask their contacts, friends & family to fund projects, pre -buy their product or launch their business

The Key to Crowdfunding People want to support good ideas, innovation and creativity. Just give them the opportunity and wonderful things happen!

What can be Funded? Tech Apps, Products, Businesses, Causes, Non-Profits, Scholarships, Movies, Music, Start-Ups…

How does Crowdfunding work? 1 2 Business Plan becomes a marketing plan Project funding goal is set 3 4 Contributors review and choose projects Rewards and incentives are defined

Steps to Success Rewards Marketing Video pitch Goal Plan Story Product or idea Vision

Creating the Opportunity Crowdfunding

The Crowdfunding Market

Crowdfunding Companies Founded Indiegogo Kickstarter Microventures Quirky Rocket. Hub 2008 2009 2010 Target Anything goes. Artists, designers, and inventors. Technology firms seeking experienced angel investors. Inventors Creative projects. Features Unfiltered approach means 10, 000 causes and projects at any one time. 13, 000 successful campaigns. Only takes artistic or creative projects. Online broker-dealer for more than 1, 000 angel investors looking to make equity investments of $1, 000 to $50, 000. Communal product development and earn a share of the revenue. Two brand new consumer products to market each week Rewards for contributions are required. Cost 4% if the fundraising goal is met and 9% if it isn't. There's also a third-party payment processing fee of 2. 9% 5% of funds raised, plus 3 to 5% to Amazon Payments Pay $100 to submit a project, $250 for due diligence, and 510% of the total if the raise is successful. Submission fee is $10. 4% if the fundraising goal is met. (If goal not reached, fee is 8% of the total funds raised) plus third party processing fees. $15, 000 $150, 000 Credit card. Avg. $ raised Payment method(s) Check, credit card, or Pay. Pal. Amazon Payments Accepts only 60% of the 2, 000 or so projects that apply each week Luxembourg based.

Getting People Involved

Create Your Outcome Small Business Growth Jobs Products Funding Business Dreams

Thank you Debe Fennell debef@charter. net 775 -762 -0370