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8 Crowdfunding Websites That Will Help You Raise Funds!

8 Crowdfunding Websites That Will Help You Raise Funds!

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Published by: Crowdsourcing.org on Feb 10, 2011
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8 Crowdfunding Websites That Will Help You Raise Funds!
 Posted by Matthew Toren, on February 3rd, 2011 http://www.youngentrepreneur.com   While money doesn’t seem to grow on trees (yet), it’s easier today for the little company to get thefunding they need to turn a dream into reality.  With crowdfunding sites, you can begin to findinvestors who are interested in sending money to you to support your project.  Whether you wantto begin a new company or get a movie into a film festival, crowdfunding is a way to reach out tothe larger community, to a community that wants to see the underdog win the race toward success. 
   Also described as peer-to-peer lending, MicroVentures works with investors as well as with thosewho need money to get a certain project off the ground.  According to their website,MicroVentures works with small companies and businesses in variety of areas: 
Business Products and Services
Computers and Peripherals
Consumer Products and Services
Financial Services
Healthcare Services
Internet Technology
IT Services
Media and Entertainment
Medical Devices and Equipment
Telecommunications These companies pay $100 to MicroVentures and then send their business plan to the site forapproval.  Once approved, this idea will be posted on the website for serious investors to consider. 
    Kickstarter is a crowdfunding site that is getting a lot of attention these days.  With creative peopleposting new projects that need funding every day, this site is a place where the bohemian idea canturn into a viable possibility.  The process is simple and a person can setup their Kickstarter projectin just a few hours.  A person posts their project details and creates a funding goal.  During a
certain period of time, investors and individuals are able to contribute so that the project meets orexceeds that goal.  The project will only get the funding if the goal is met. When the project creator reaches their goal, Kickstarter takes 5% of the monies for their service.    If you’re a designer who needs to have financial support, Quirky is a crowdfunding site thatsupports your creative and inventive needs.  The most valuable part of Quirky is the feedback youcan receive for your project idea.  For a $10 fee, you can post your idea and then see what othersthink about it.  This allows you to create a product or service that is going to meet your marketneeds, increasing your chances of success.  Once you have received feedback, then Quirky willdecide whether or not they want to make the product.  If they do, then you get paid.  With thecommunity vibe, Quirky is more of a progressive site than a straightforward investment site. 
    At RocketHub, you will find there are two audiences this crowdfunding site helps: Fuelers andCreatives.  Fuelers are the ones who invest in the projects that the Creatives post.  UnlikeKickstarter, there is more interaction on the RocketHub site, with plenty of resources for those who

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