Crowd-funding with Chinese characteristics

La La Shou director Madam Zhang Lifang

A new platform launched by internet giant Tencent enables social enterprises in China to diversify their funding streams and reach vast audiencesAdam Pillsbury – Guardian When the Chinese social enterprise La La Shou decided to create a club and host an annual conference for its beneficiaries, it turned to a new crowd-funding platform launched by Chinese internet giant Tencent to raise the needed funds. La La Shou, which provides training, consulting and advocacy for disabled children, their parents and teachers in the city of Xi’an, applied to join the scheme in September. It uploaded its proposal and business plan on Tencent’s public welfare page and launched…

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Impact of Crowdfunding as Alternative Way to Raise Capital for Smaller Projects

For the architect, who is often the primary catalyst for new projects and construction, the crowdfunding concept holds special promise.

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SEC: Don’t Make Crowdfunding Useless for Main Street

crowdfunding

Scott Shane: Washington needs to remember that uncertainty hampers hiring and investment, as I’ve explained here before.

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Crowdfunding: New way to raise money for health needs

Healthcare

LOS ANGELES (KABC) – People faced with soaring healthcare costs have looked for help before. Now they’ve found another possible solution online. Thousands are sharing their stories on websites in what is known as crowdfunding. It’s the latest online evolution connecting individuals who are in need, with people who want to do good. In the past, you might have just donated to an organization. But now, you can find the actual person you want to help, like little Madden. Madden was born with a rare genetic disorder. He needs surgeries to stay alive, and the costs are overwhelming. “ER visits, medication, he’s on a special formula,” said…

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Art Beat: Bethel soap sisters hope Native art draws crowd-funding donors

Triplets, from left, Amy Sparck Dobmeier, Michelle Sparck, and Cika Sparck, who grew up in the Bethel area, have launched the cosmetics company ArXotica that uses wild harvested tundra botanicals in their break-out product, an anti-aging skin serum, called Quyung-lii.
Bill Roth — Bill Roth / Anchorage Daily NewsBuy Photo

ArXotica, the Bethel-based bath and beauty company that uses materials gathered from the tundra, is trying to boost marketing of its soap outside the region with a crowd-funding quest at a site called Rock the Post. So far that’s a business story; the Daily News has covered the company in the past. What caught our eye were some of the gifts that go to donors at certain levels — like a doll by Francisca Brown of Eek, a grass basket by Agnes Dock, miniature kayaks by Andrew Abyo, men’s dance fans (which for some reason are harder to find than women’s fans), a woman’s headdress and…

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Crowdfunding gives city’s worthy causes a chance

Lai Jing-man, show jumper

Feel like bankrolling an independent movie? What about an artist who makes treasures out of trash? Perhaps you’d rather support one young woman’s dream of representing Hong Kong as an equestrian show jumper at the Asian Games. Hong Kong’s entrepreneurs and creative types have a new way of getting funding for their projects. The recently launched website FringeBacker has brought the growing trend of crowdfunding, where individuals decide to contribute money towards a project, to Hong Kong. “In the US, indie movies funded through crowdfunding sites such as Kickstarter have gone to Sundance and the Tribeca film festivals,” said Vivien Chan Yee-wan, marketing director for the…

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9Lenses Announces a New Approach to Business Optimization: Crowd Sourcing Apps

9Lenses new cloud apps tap the social side of business strategy. (PRWEB) January 31, 2013 9Lenses announced the release of 21 business optimization applications that enable any company to connect insights across their entire business. Best-of-breed companies spend millions of dollars annually attempting to optimize their assets, processes, and structures. 9Lenses’ applications allow anyone in the company to study, analyze, and connect optimization initiatives in one platform. “Every company invests in optimization to drive performance,” says CEO and Founder of 9Lenes, Edwin Miller. “Leaders that really make a difference know how to facilitate positive outcomes. The way we do that in business is by asking great questions and crafting…

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GoFundMe, Facebook help people raise cash for wants, needs

GoFundMe, Facebook help people raise cash for wants, needs

Brenda Lynn plays with her two-and-a-half year old son, Kaleo… (Ricardo Ramirez Buxeda,…) February 1, 2013|By Walter Pacheco, Orlando Sentinel Brenda Lynn says her autistic 3-year-old son, Kaleo, hardly speaks, and his inability to express himself frustrates him — except when using his speech therapist’s iPad. “The iPad really controlled the tantrums and helped him communicate. I tried to get him one, but I couldn’t afford it on my own,” said the unemployed 39-year-old Orlando mom. “I applied for grants, but I wasn’t lucky enough.” So she turned to Facebook and GoFundMe.com, a so-called crowdfunding website that allows people to solicit cash for personal causes. She…

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Crowdfunding Success Stories Include $35,000 for Sock Monkeys and $2,000 for a Dry Composting Toilet

Crowdfunding Success Stories Include $35,000 for Sock Monkeys and $2,000 for a Dry Composting Toilet

Social entrepreneurs of all varieties are turning to crowdfunding to launch or expand their social efforts; recently I’ve connected with five who have shared their stories of how they raised up to $100,000 each. Do Good Bus Tour, Las Vegas Rescue Mission Rebecca Pontius led the effort for an organization called the Do Good Bus to raise $100,000 on StartSomeGood to show people how to volunteer by taking them on a bus to volunteer all around the country. She said, “A friend and I had been volunteering in LA for the past ten years at a couple different organizations and consistently had friends ask, ‘How do…

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Crowdfunding could give small business a fighting chance

By Joel Freeborn The Security and Exchange Commission must establish regulations to allow entreprenuers collect start-up capital The United States has adopted a financial culture where banks are too big to fail and individuals are too small to succeed. The financial crisis and the consolidation of banking titans made it increasingly difficult for small business owners and hopeful entrepreneurs to obtain the crucial capital for enterprise. Small businesses need a new line of credit, and the solution is crowdfunding. Crowdfunding is “the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet,”…

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Crowdfunding 201: A New Model From Seed & Spark

By Lucas McNelly It’s a familiar scene to many filmmakers: they budget out their film, calling in favors left and right, then they launch their crowdfunding campaign and someone sends them an email that says, “Hey, I don’t have any money to give, but I’d love to help.” Invariably, that help can lower the budget. Maybe they have a location you can use for free. Or extra lenses they can loan you. Or they can edit the film for you. Suddenly, you don’t need $X. Only, you still do. Kickstarter doesn’t care that you suddenly found an editor that can knock a chunk off your budget.…

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Regulating Crowdfunding by OPEN Forum

Crowdfunded smartwatch launch raised $10m

Press Release