What is crowdfunding?
Inspired by crowdsourcing, crowdfunding describes the collective cooperation, attention and trust by people who network and pool their money together, usually via the Internet, in order to support efforts initiated by other people or organisations (Wikipedia).
Since discovering the concept of crowdfunding, I have become more and more excited by the idea that creative people with innovative ideas, be it in film, photography, art, community, who want to make a difference, now have a whole new platform from which to acquire the funds (outside of government grants) and the freedom to use these funds on their own terms. Greater social innovation is the natural by product, I believe. Due to the all or nothing funding model, projects that warm the most hearts or raise the most interest or generate the most support are the ones that have a greater chance of achieving their funding targets. If targets are not met within the timeframe set up for the project, the projects do not get funded. I believe this is where the power of the internet, social media and crowdfunding collide, and a new media with an alternative voice can be broadcast. What a powerful trio when put into the hands of people whose projects are a reflection of their burning desires and dreams about making the world a better place. This is right up my idealist alley might I add!!
My favourite crowdfunding sites are:
Pozible is a crowdfunding platform and community for creative projects and ideas. Developed for artists, musicians, filmmakers, journalists, designers, entrepreneurs, inventors, event organisers, software developers and all creative minded people to help make great things possible.
Start Some Good is a new crowdfunding platform which gives social entrepreneurs the tools they need to transform their ideas for improving the world into action and impact.
Kickstarter Kickstarter is focused on creative projects. It’s a great way for artists, filmmakers, musicians, designers, writers, illustrators, explorers, curators, performers, and others to bring their projects, events, and dreams to life.
Plan Big PlanBig brings together the experiences, knowledge and expertise of people with different skills from all walks of life and all ages to help each other get ideas kick started.
Films and other projects that have been backed by Arts in Action include:
ABC report on Green Way Up’s crowdfunded project http://www.abc.net.au/news/stories/2011/04/02/3180564.htm
It’s a new and very satisfying way of spending money and my aim is to feed the profits made from Arts in Action, into projects I find inspiring and reflect the change i want to see in the world. I can make a difference by supporting the people with the creative ideas and visions and in turn mine own are inspired.
And just to digress for a moment I really do want my very own sol cinema! http://www.thesolcinema.org/ It’s the world’s smallest solar movie theatre, I love it!