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13 Crowdfunding Sites for Social-Cause Entrepreneurs

13 Crowdfunding Sites for Social-Cause Entrepreneurs

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Published by: Crowdsourcing.org on Nov 13, 2011
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13 Crowdfunding Sites for Social-CauseEntrepreneurs
November 02, 2011 · by Sig Ueland
Crowdfunding websites
help entrepreneurs fund small businesses with financingfrom the community. For social-cause entrepreneurs, who venture to create apositive change in the world, crowdfunding sites can also provide financing andresources.Here is a list of crowdfunding sites that seek to empower entrepreneurs topromote the social good. These crowdfunding sites finance for-profit andnonprofit projects. For a list of general crowdfunding sites, see"13Crowdfunding Websites to Fund Your Business," my previous article on thattopic. For charitable fundraising sites for nonprofits only, accessCauses,  Crowdrise, Network for Good,and FirstGiving. 
Crowdfunding Sites for Change
33needs is a crowdfunding site for social enterprises. Its goal isto find businesses that are most able to create change and get them whatthey need to do it, providing impact investing for social entrepreneurs,social enterprises and companies with a social mission. Investment dollarsare exchanged for rewards offered by crowdfunded companies. The socialentrepreneurs have between 30-60 days to reach their goal.
Advert Activist is a U.K.-based crowdfunding platformthat helps fund advertising campaigns that can make a positive difference.Check out their "This World Belongs To Everyone" campaign. The site deducts a 15 percent commission off each donation. Payments areprocessed through PayPal.3.
Buzzbnk is an online marketplace that connects social venturesfrom all walks of life with backers, supporters and fans. Through Buzzbnk,social ventures can get the support and funds they need to make brightideas a reality. Buzzbnk backers support the initiatives they like bypledging money, time or both and carry the message to their own socialnetworks and communities. If the financial target is not met within thedefined time frame, funds pledged by backers are returned. Buzzbnk charges a small registration fee for social ventures to join the site. There isa 5 percent administrative fee on funds raised successfully for eachventure.4.
CauseVox is a crowdfunding site for both nonprofitorganizations and for-profit causes. It provides you with a nice set of toolsand templates to design your campaign, rally your supports on yourwebsite or through social media, track your progress, and utilize your data.It offers a free plan that waives the $39 monthly fee until you raise at least$3,000. For-profit ventures must use PayPal for their donation processing.
Whether you’re a nonprofit, a school, or a social entrepreneur,
Give.fm makes it easy to launch and promote successful fundraisingcampaigns. Give.fm allows individuals to support a set of causes throughrecurring micro-donations. Causes pay a flat $5 per month per campaign.There are also processing fees of 3.75 percent plus 30-cents pertransaction.6.
IndieGoGo offers anyone with an idea
creative, cause-related, entrepreneurial
the tools to build a campaign and raise money.Although this is a general crowdfunding site, it has a clear focus onprojects in the public good. Keep all the money you raise, even if you
don’t me
et your goal. Track contributions with the analytics tools and stayon top of fulfillment with the dashboard. There is a 4 percent fee on themoney you raise when you meet your funding goal.7.
Kiva lets individuals make charitable, interest-free micro-loans toentrepreneurs around the world. Throughout the life of the loan, you willsee progress updates from Kiva through your email, and from updates onthe site. Once the loan is repaid, use it to fund another loan, or withdraw itto spend on something else.

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