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Why Fund a Project?

Crowdfunding, simply put, is peer-to-peer idea funding. It is not an investment vehicle. Funds you provide are a donation (not tax deductible) to the idea originator. If you like a particular project and you want to help take it from idea to reality, it’s your choice to donate funds. We encourage crowdfundees (aka creators) to offer donation rewards to help incentivize your choice. Rewards consist of anything from a simple thank you to the products or services being promoted. There are many ways to thank you for your contribution and you can find the rewards listed below the crowdfunding goal listed beside each project campaign.

Funders do not become owners, receive any stock or interest in the project, nor do they expect to be paid back the funds donated.

CrowdFunding LIVE Projects requires a minimum of 60% of the funding goal be achieved before any funds are released. If that amount is not met, the funds are returned to the funders at the end of the campaign. Alternatively, there are other sites that offer an “all or nothing” system. Other sites distribute the funds regardless of the goal. We encourage our campaign launchers to set their funding goal so that 60% can get their project a good solid start even if it isn’t the full amount they need for any planned growth or expansion.

Donations are accepted via the secure payment site, PayPal.com.

about

About CrowdFundingLIVE [...]

February 4, 2012
By Admin

Greetings and welcome

We founded CrowdFundingLIVE as three women who realized that an ever-expanding list of crowdfunding sites are focused on a broad range of endeavors with narrow categories but none focus on women, as a target audience or project lead. We know there are creative women, women entrepreneurs, and women-run non-profits and businesses that need funding. They have amazing ideas, but limited resources for getting those ideas off the ground.

CrowdFundingLIVE is designed to do just that.

While we are a women-owned company and believe in empowering women, we encourage everyone to post their projects here and work with us on this site.We’ve made some decisions about how we’re going to run this site we think you’ll like. Many crowdfunding sites don’t distribute the monies raised if the original goal is not met, we’ve decided to disperse funds if 60% of your money goal is reached by the end of your campaign and in special cases we do allow campaigns on a “keep it all” basis. (In this case, you must have strong connections or previous success. Inquire via our contact form, if interested.)

Our mission is to continue to bring information, resources and expertise through our network and the experience of people who know how to navigate today’s marketplace. We will do our best to help projects that are exciting and promising find the solutions and the support they need to be successful.

We will continue to host CrowdFundingLIVE events throughout the year, in various cities, to bring you cutting edge information. We’ll help you discover how crowdfunding works, how to better pitch your ideas to raise funds and how to continue to grow your business.

Let’s grow together!

Aggie, Debe and Deb

The Women of CrowdFunding LIVE

 

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Categories : About
Tags: About, Aggie Kobrin, CrowdFundingLIVE, Deb Augur, Debe Fennell
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