FAQs

Here are answers to some questions you may have about the Crowdfunding Boot Camps.  If you have any others, please contact us!

I have heard about crowdfunding and still do not quite understand what it is?

Crowdfunding is by definition, “the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet.”  There are a few types of crowdfunding.  What this boot camp will cover is specifically rewards-based crowdfunding – when people contribute money to your campaign, you then provide a 'reward' as a 'thank-you' to them.

So why would anybody who I DON'T know want to contribute to my campaign?  Seems kinda weird.

Great question!  Research has found the three main reasons why anyone would want to contribute to a campaign (in which they don't know the creator) are:

  • They connect to the greater purpose of the campaign
  • They connect to a physical aspect of the campaign like the rewards
  • They connect to the creative display of the campaign’s presentation (e.g., video, text, story, etc.)

Do I have to have a project or idea ready to put on iPledg in order to attend the Boot Camp?

Absolutely not!  The information and education you will receive over the weekend will actually help you plan you campaign now or in the future.

Who would benefit in attending the Crowdfunding Boot Camp?

Just about anyone really.  Artists, authors, professional speakers, board / committee members / executive officers of not for profit organisations (sport & recreation, health, art, etc.), national governing organisations (NGOs), musicians, entrepreneurs (including social entrepreneurs), start-ups, anyone who has a 'cause', consultants, anyone wanting to learn more about crowdfunding.

What is the benefit of attending the Crowdfunding Boot Camp?

The main benefit is that you will understand and know how to develop your funding campaign and put it up on a platform, specifically iPledg.  There are other benefits as well including (a) networking with other like-minded people and gaining allies for your project, (b) being given the "Boot Camp Badge" on your campaign which increases the credibility aspect of your campaign, (c) getting immediate feedback when developing your campaign BEFORE it goes live.

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