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If you joined us for our webinar Wisdom of the Crowd(funding) on August 15, 2013 — or if you're just interested in crowdfunding and want to know more, please ask your questions here!
In our webinar, we heard from Rob Wu of CauseVox, Carter Gibson of Little Big Fund, and Bill Cesare of Teespring. All three shared tips for how to crowdfund your cause.
Please leave a note to let us know what you learned or if you have further questions. We'll do our best to make sure they get answered by our experts—or we'll crowdsource the answers from our smart community!
Michael DeLong | Online Community Manager
Thanks to all the presenters!
Is a nonprofit participating in crowdfunding subject to state solicitation registration requirements? If so, am I correct in assuming that the nonprofit, rather than the crowfunder platform (ie CauseVox), is responsible for registering in any states which require such?
Great question, D!
I'll see what our experts have to say and get back to you very soon!
Thanks for making it out to our webinar -- we hoped you enjoyed it!
You have a great question which would be best geared towards a lawyer, but typically when doing crowdfunding, you the nonprofit would be subject to any registration requirements. This is similar to when you are doing any type of online fundraising.
Rob Wu, CauseVox
We were not able to attend. Is it possible to get the recorded copy of the webinar. Is there any investment required for crowd funding.
The webinar is recorded here:
-=-=-=-=-=- Jayne Cravens Author, The LAST Virtual Volunteering Guidebook
See examples below for successful TechSoup member Teespring campaigns. And the only out-of-pocket expense was the $20 admin fee. More about the Teespring program can be found here.
American Childhood Cancer Organization (ACCO)
Barb, TechSoup Senior Relationship Manager
Crowdfunding concept is really helpful for the initial starters of any project. I also want to start this type of business what formalities I have to follow? One of my friend has also started one such company. How much amount I have to invest to start it.
Hi Elisa, you might be interested in the workshop mentioned here http://forums.techsoup.org/cs/community/f/25/t/40896.aspx
Chris Delatorre, Science and Sustainability Advocate
Hi Chris thanks for your information. But workshop is to be conducted in the month of May-2016 but I want to start my business with in one month. Please share your ideas so that it may be helpful to me.
Hi Elisa, I suggest a market research study and landscape analysis first, to see how you might fit into the global crowdfunding economy, or at least how you fare locally. I'm not sure starting a company within a month is possible if you don't have the basic principles covered. What research have you done so far? This will help me and others point you to resources.