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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Funding»Top 5 crowdsourcing websites to raise funds
    Crowdfunding

    Top 5 crowdsourcing websites to raise funds

    0
    By AdeO on February 25, 2016 Funding, Startups

    Sourcing for funds is always a problem, especially, for many startups. The funds any business is able to muster will either make or mar your business. This is ever more important as the Nigerian and global economy shrinks.  Thankfully, the internet  has come to the aid of many startups to help them raise money.  How? Crowdsourcing. Crowdsourcing is a modern business term coined in 2005, is the process of obtaining needed services, ideas, or content by soliciting contributions from a large group of people, and especially from an online community, rather than from traditional employees or suppliers; a portmanteau of “crowd” and “outsourcing, according to Wikipedia. From the definition, crowdsourcing is not restricted to raising funds for your startup alone but can be used to solicit contributions for other purposes. 

    Despite the fact that these crowdsourcing sites help raise funds, they do not entertain any frivolous and fraudulent request for funds. Innovation village shares 5 crowdsourcing website raise digital finance. 

    Peerbackers  

    Peerbackers is for the young entrepreneur and innovators. If you are a nascent startup, Peerbackers is the place to go. It has also hosted several creative, civic and entrepreneurial activities from different parts of the globe and has been very successful.

    peerbackers

    Kickstarter 

    Arguably one of the most reliable and popular crowdsourcing website for anyone who is looking to raise funds for whatever legal purpose. Unfortunately, you cannot use the platform to raise money for your business but you will be welcomed if you want funds for design, arts. technology and gaming. The process of fund request is quite rigorous. 

    Kickstarter

    Grow Venture Community 

    If you have an awesome idea, Grow Venture Community will help raise funds to bring it to fruition. It also  offers your business idea mileage in the sense that there are some giant companies searching for ideas they can invest their money and if they like your idea, they will definitely work with you to develop your idea. 

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    MicroVentures  

    This website is described as the “investment bank for startups.” After soliciting for funds, MicroVentures will take over and make diligent attempts to ascertain the veracity of your claims that you actually need the funds. If your request is approved, your request for capital will be posted on the website and you will start receiving contributions from the online community. 

    MicroVenturesHome3

    Indiegogo 

    This is  a crowdsourcing platform that cut across all categories from art to comic, dance, fashion, film, theatre and entrepreneurial. The main goal of Indiegogo is to ensure that funding does not halt the dream of anyone. So, if you have a dream, money should not stop you from pursuing it. Just check out the Indiegogo webpage

    indiegogo_logo_detail

    Do you know anyone we may have omitted? Please share with us.

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