Crowdfunding

120,000 Miles Later, Dinner Lab Lands a Fresh Round of Funding
Dinner Lab

120,000 Miles Later, Dinner Lab Lands a Fresh Round of Funding

As the New Orleans-based startup grows, it's founder is learning that being headquartered in the Big Easy can be a big challenge.
Catherine Clifford
Rocket Hub and Ovation Team Up to Bring Crowdfunding to TV
Crowdfunding

Rocket Hub and Ovation Team Up to Bring Crowdfunding to TV

The special will showcase the work of artists who are raising money to fund their creative projects.
Catherine Clifford
Crowdfunding or a Small-Business Loan: What's Best for Your Company?
Funding

Crowdfunding or a Small-Business Loan: What's Best for Your Company?

Your needs and markets will help determine the best route for outside funding.
Cindy Yang
The Smithsonian and Kickstarter Partner Up to Preserve Neil Armstrong's Spacesuit
Kickstarter

The Smithsonian and Kickstarter Partner Up to Preserve Neil Armstrong's Spacesuit

More than 7,000 campaign backers have already contributed $550,000 to the preservation project.
Catherine Clifford
Tech Entrepreneur Sought in Son's Disappearance Arrested In New York
Crime

Tech Entrepreneur Sought in Son's Disappearance Arrested In New York

Michael Streko was caught after reportedly asking children for drugs. His son was found unharmed.
Ray Hennessey
How This Couple Created the All-In-One Travel Jacket That Is Nearing $2 Million on Kickstarter
Crowdfunding

How This Couple Created the All-In-One Travel Jacket That Is Nearing $2 Million on Kickstarter

Hiral Sanghavi and his wife created a jacket that has 15 features including a built-in inflatable neck pillow and koozie drink pocket.
Catherine Clifford
Tech Entrepreneur Sought in Connection With N.J. Kidnapping Case
Crime

Tech Entrepreneur Sought in Connection With N.J. Kidnapping Case

Michael Streko had launched a Kickstarter campaign to travel the country interviewing entrepreneurs.
Ray Hennessey
This All-in-One Travel Jacket Is Approaching $1 Million on Kickstarter
Kickstarter

This All-in-One Travel Jacket Is Approaching $1 Million on Kickstarter

Available as a sweatshirt, blazer, windbreaker or bomber, BauBax has everything from a built-in neck pillow and gloves to earphone holders and a drink pocket.
Catherine Clifford
4 Tips to Set You Up for Crowdfunding Success
Crowdfunding

4 Tips to Set You Up for Crowdfunding Success

For small-business owners considering alternative funding options, here are a few basic things to know about crowdfunding.
John Swanciger
Considering Crowdfunding? Why You Need a Strong Business Plan First.
Business Plans

Considering Crowdfunding? Why You Need a Strong Business Plan First.

Without one, you'll become one of the vast majority of hopeful entrepreneurs who find themselves without enough capital to keep moving.
Jayson DeMers
Crowdfunding Is More Like 'Crowd-Frauding'
Crowdfunding

Crowdfunding Is More Like 'Crowd-Frauding'

As crowdfunding becomes more popular, there is a risk that most people will lose money in the rush.
Vin Gupta
How Taylor Swift Changed Another Tech Company's Policy
Taylor Swift

How Taylor Swift Changed Another Tech Company's Policy

A $50,000 donation from T. Swift inspired GoFundMe to increase its donation limit – a move that will probably only affect millionaires.
Kate Taylor
These 'Dressy' Sweatpants Are Killing It on Kickstarter
Kickstarter

These 'Dressy' Sweatpants Are Killing It on Kickstarter

The menswear brand Public Rec was launched by a sweatpants aficionado on a mission to make loungewear look less like PJs.
Catherine Clifford
Doppler Labs, the Earbud Maker That Wants to Change the Way You Hear, Raises $17 Million
Funding

Doppler Labs, the Earbud Maker That Wants to Change the Way You Hear, Raises $17 Million

The wearable tech company also recently completed a successful Kickstarter campaign.
Nina Zipkin

Crowdfunding is the process of raising money to fund what is typically a project or business venture through many donors using an online platform, such as Kickstarter, Indiegogo and Crowdfunder. The fundraising window is usually finite -- 90 days, for instance -- and the fees and rules vary across platforms.

How to: Crowdfunding is typically done through an online platform that allows the fundraiser to set up a public campaign for accepting donations. The campaign will advertise details such as the nature of the project or venture, the amount of money the company is hoping to raise and the campaign’s fundraising deadline. People can donate a specified amount through the fundraising campaign’s website and often receive some sort of acknowledgement or reward in return for their donation.         

Applications of crowdfunding: This can range from charitable and educational projects to creative projects -- like funding films -- as well as supporting scalable businesses. Crowdfunding platforms each tend to cater to specific categories, such as Kickstarter which focuses on creative projects or Crowdfunder, an equity-based platform which is used for businesses looking to raise investment capital.    

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