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Crowdfunding 101
Katherine Carter
University of Southampton
Overview
• What is crowdfunding?
• Are there different kinds of crowdfunding?
• Why did we decide to give it ago
• What makes crowdfunding successful?
• Case Study – Southampton2Mongolia
Crowdfunding
Crowdfunding is sponsorship by a crowd of
many donors, each making an individual and
relatively small donation in return for a small
reward.
What can you fundraise for?
ANYTHING!*
Types of crowdfunding
Project based crowdfunding
Sponsor led crowdfunding
Equity crowdfunding
Why did we do it?
• Hubbub came to us with a great product
• Our students wanted to fundraise for their
own projects
• We wanted to engage with our students about
the impact of giving to the University
• We wanted to engage our younger alumni
with an alternative way of giving
• We had the resource to implement and run
the platform
University of Southampton Projects
What makes a project successful?
• Engaged audience
• Great idea or need (that has a deadline)
• Passionate team and supporters
• Engaging content (videos)
• Unique rewards
• Social Media and the Press
• Update, Update, Update
• Ask, Ask and Ask Again
• Say thank you a lot and report back to your donors
Case Study: Southampton2Mongolia
Funding need:
£7,000 in 90 days
How they reach their target
• Engaged audience
• Great idea or need (that has a deadline)
• Passionate team and supporters
• Engaging content (videos)
• Unique rewards
• Social Media and the Press
• Update, Update, Update
• Ask, Ask and Ask Again
• Say thank you a lot and report back to your donors
Andy the ambulance makes his debut
Is crowdfunding right for you?
• Is crowdfunding right for your organisation?
• If so – which option do you choose?
• Is it the right time to implement it into your
organisation?
• Do you have the resource and enthusiasm?
What we learned
• Crowdfunding is great for student
engagement
• It’s opened up our donor pool. And not just to
our younger alumni
• It takes a lot of time
• BUT it’s very rewarding (for us and our
students)
So… what’s next?

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Katherine Carter

  • 2. Overview • What is crowdfunding? • Are there different kinds of crowdfunding? • Why did we decide to give it ago • What makes crowdfunding successful? • Case Study – Southampton2Mongolia
  • 3. Crowdfunding Crowdfunding is sponsorship by a crowd of many donors, each making an individual and relatively small donation in return for a small reward. What can you fundraise for? ANYTHING!*
  • 4. Types of crowdfunding Project based crowdfunding Sponsor led crowdfunding Equity crowdfunding
  • 5. Why did we do it? • Hubbub came to us with a great product • Our students wanted to fundraise for their own projects • We wanted to engage with our students about the impact of giving to the University • We wanted to engage our younger alumni with an alternative way of giving • We had the resource to implement and run the platform
  • 7. What makes a project successful? • Engaged audience • Great idea or need (that has a deadline) • Passionate team and supporters • Engaging content (videos) • Unique rewards • Social Media and the Press • Update, Update, Update • Ask, Ask and Ask Again • Say thank you a lot and report back to your donors
  • 8. Case Study: Southampton2Mongolia Funding need: £7,000 in 90 days
  • 9.
  • 10. How they reach their target • Engaged audience • Great idea or need (that has a deadline) • Passionate team and supporters • Engaging content (videos) • Unique rewards • Social Media and the Press • Update, Update, Update • Ask, Ask and Ask Again • Say thank you a lot and report back to your donors
  • 11. Andy the ambulance makes his debut
  • 12. Is crowdfunding right for you? • Is crowdfunding right for your organisation? • If so – which option do you choose? • Is it the right time to implement it into your organisation? • Do you have the resource and enthusiasm?
  • 13. What we learned • Crowdfunding is great for student engagement • It’s opened up our donor pool. And not just to our younger alumni • It takes a lot of time • BUT it’s very rewarding (for us and our students)