Friday, August 22, 2014

Info From the Vine: Crowdfunding is Getting Crowded!

There are 2 types of crowdfunding. First is the well-known, donation-based funding.

This type of crowdfunding is what has driven the crowdfunding concept and is where donors contribute funds toward some dollar goal to support a cause or need and may receive products, rewards or recognition in return.

Investment crowdfunding, is the second and newer type of crowdfunding and is where businesses requiring capital sell ownership stakes online in the form of equity or debt. In this crowdfunding scenario, individuals who do fund become owners or shareholders and have the accompanying risk/reward reality.

The crowdfunding world is getting, well, crowded! Specialized services are popping up to provide funding for specific needs.

The top 10 Crowdfunding sites of interest are:

Kickstarter   
Indiegogo
Crowdfunder
Rockethub
Somolend
Appbackr
Angellist
Invested.in
Tilt

Here is a directory of crowdfunding sites for your review:

http://www.crowdsourcing.org/directory


SignVine is a specialized crowdfunding service for the sign industry. Please visit us at www.signvine.org.


- Mike Prongue
  Campaign Director for the Non Profit SignVine
  michael@signvine.org
  www.signvine.org

 844-807-9720 toll free

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