We're completely overwhelmed by the response to our funding campaign on Crowdfunder. We've raised a total of £1,255, which will pay for venue hire, costuming, props and publicity, and will go some way towards paying our dudes as well. Any excess will go towards our forthcoming projects, which are based around taking the show on tour in venues and schools across the country.
A couple of you have asked why we chose to use Crowdfunder as opposed to just canvassing via Paypal. Crowdfunder asks project managers to set a target, and funders donate an amount of their choosing towards it. If the set target isn't met, the project doesn't get any money. On some level, this seems harsh - after all, every little helps, right? - but on another level it makes a lot of sense: if the project doesn't meet its target and can't go ahead, there's a mechanism in place to ensure that the managers can't just take the money and run. Being a new company, we felt it was important that our funders could feel secure in pledging their money to us.
Crowdfunder vet the projects thoroughly before putting a bid online. After that, they are more supportive than I could ever have expected - they gave us an extra week when we looked like we might be falling behind, and they allowed us at the end to lower the target so that we could compromise on an amount that would allow us to move forward, even if it's not quite as much as we were hoping for. All this was done at their prompting and not ours. Rose at Crowdfunder support, you're a star. We love you. Mwah.
We would definitely recommend the use of Crowdfunder to anyone else who was thinking of trying to raise money by crowdfunding - as fiddly as the process may look to start with, it's definitely worth it for the credibility of the process and for the stellar customer support we've received. Thanks to them. And thanks to you, everyone who's put their hands in their pockets for us. We couldn't have done this without you.
Post a Comment