News

How crowdfunding drives development

Crowdfunding is enabling more aid organisations, charities and civic projects to bypass traditional fundraising techniques. In August, two Norwegian students raised $32,000 (£20,000) on the crowdfunding platform Indiegogo to fund life-saving surgery for Roona, an 18-month-old girl from Tripura, India. She had been diagnosed with hydrocephalus, a condition...

Continue Reading

Brewdog Reaches £3M Crowdfunding Landmark

Scotland’s largest independent brewery, BrewDog, has managed to raise £3 million through crowdfunding, in just two months The brewery is aiming to raise £4m through its “Equity for punks” scheme, making 42,000 £95 shares available to those who want to invest in the company. The share offer...

Continue Reading

Kickstarting a revolution in architecture funding

Could crowdfunding websites be a way forward for smaller architectural projects? Last month Kevin McCloud’s development company HAB announced it had surpassed its £1 million target on its latest round of fundraising. A housebuilder raising money might sound par for the course, but HAB’s approach was unusual: it had...

Continue Reading

Scientists calling on the crowd for funding

Before environmental biologist Kenly Hiller submitted her latest research proposal for funding, she sent it out for one final review. She wanted her grandmother’s opinion. Hiller’s grandmother was the perfect critic — not because she is a scientific expert, but precisely because she is not. Facing a...

Continue Reading

Crowdfunding at Cornell Enables Student Projects

Cornell University is now crowdsourcing funds for projects through a partnership with USEED, one of the first platforms developed specifically to support projects in higher education. USEED operates much like Kickstarter, a popular crowdsourcing website where supporters of art projects, events and products can donate money...

Continue Reading