Entrepreneurs: Funding Options from Kickstarter
Entrepreneurs often find that one of the hardest parts of realizing their dream is to obtain financing. Some have tried microlending sites like Kiva.org. Others have discovered a new lending platform called Kickstarter. The site’s tagline is “a new way to fund and follow creativity.”
Kickstarter describes its site as the world’s largest funding platform for creative projects. This unique site allows entrepreneurs to keep ownership and control over their work while tens of thousands of people pledge millions of dollars to help finance their creative ideas. The idea must reach its funding goal or no money changes hands. Entrepreneurs that receive their anticipated funds, can test concepts without risk.
Kickstarter’s Blog offers advice to those interested in creating a new project. The site allows for people to browse current ideas or to create their own. To begin a new project dedicated to film, art, technology, design, food, publishing and more, creators can check out Kickstarter school.
Once a project is listed on the site, it displays timeline and pledge information including: Percent Funded, Amount Pledged, Number of Days Left to Receive Funds. The picture displayed below demonstrates some examples listed on Kickstarter’s site. On the site’s curated page, it lists “projects curated by some of the world’s foremost creative communities.” The site also allows users to view projects by staff picks, most popular, recently launched, ending soon, small projects, most funded, as well as by category and location.
For additional help with the entrepreneurial process, check out the Top 30 Links for the Successful Entrepreneur.