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Tag Archives: Organization

FunderHut.com Partners with Non-Profit Chicago to Promote Crowdfunding Campaigns

26 Jun

Chicagoland’s Nonprofit Chamber of Commerce Partners with FunderHut for community-crowdfunding platform

By Robert Hoskins

The FunderHut team is very excited to announce our new partnership with Chicago Non-Profit, Chicagoland’s Nonprofit Chamber of Commerce! FunderHut is a community-crowdfunding platform, and although we’re national, what better way to start than with our own Chicago community? We’re extremely excited to be working together to make a positive impact in the community.

FunderHut's team believes the community plays an essential role in our everyday lives. Whether it's your family, your neighborhood, your social clubs, or the worldwide community, these are the people and the environment that construct who we are, so why not make it better? Our motto is Finding Unity By Funding Community.

FunderHut’s team believes the community plays an essential role in our everyday lives. Whether it’s your family, your neighborhood, your social clubs, or the worldwide community, these are the people and the environment that construct who we are, so why not make it better? Our motto is Finding Unity By Funding Community.

From networking events to educational events to fundraising events, Chicago Non-Profit is the number one resource for Chicagoland’s non-profits, using their extensive knowledge and resources to help their members achieve their goals. As fundraising continues to be a primary concern for these organizations, the idea of crowdfunding only seemed natural, and FunderHut welcomed the opportunity to help Chicago’s non-profits raise money and build awareness, as well as the added benefit of an increased donor base. The vision and vast network of Chicago Non-Profit, with non-profit categories ranging from Arts Awareness to Community Works to Medical Research, helps create a partnership with a shared mission in mind, improving our community.

What’s our goal? To provide non-profits with the resources they need to launch an online fundraising campaign, while receiving full support from the collaboration between Chicago Non-Profit and FunderHut.

As an exclusive benefit to Chicago Non-Profit members, we’re also returning 20% of the contribution fees. What this means is that not only is it absolutely free to sign up and create your campaign, but 20% will be given back to member organizations that launch their campaign on FunderHut.

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Crowdvance.com Offers Crowdfunders 100% Free Crowdfunding Opportunity to Launch Fundraising Campaigns with Zero Service Fees

23 Jun

Crowdvance is poised to disrupt the entire online fundraising industry by serving as the for-profit fundraising platform that passes 100% of donations received to organizations for processing and that rewards donors for their donations

By Robert Hoskins

Crowdvance.com announced plans to drop the Crowdfunding service fee they deduct from donations to zero percent, down from 6.5%. By removing the company’s service fee, Crowdvance.com becomes the first for-profit online fundraising platform to be 100% free.  Most other crowdfunding and fundraising platforms continue to promote the same model: no cost to sign up, but the various platforms deduct 3-10% from donations as a service fee on top of universal credit card processing fees. Crowdvance now offers one of the the only online fundraising platforms on the planet that does not deduct an additional service fee on top of standard credit card fees.

Crowdvance.com Now the Only Fundraising Platform on the Planet to not Charge a Service Fee and to Reward Donors

Crowdvance.com Now the Only Fundraising Platform on the Planet to not Charge a Service Fee and to Reward Donors

“When we launched Crowdvance, we set out on a mission to help organizations run more engaging, effective, and efficient fundraisers,” said Dylan Fox, Crowdvance’s CEO.  “We got the engaging part down by rewarding donors with gifts from great national companies we partner with, but our fee was getting in the way of our company reaching all of our goals.”

Crowdvance announced this service fee reduction after completing a recent round of seed-stage financing. “After we closed our seed round, we were able to think longer term, and that’s when our team realized we wanted to go big and really change the game,” said Fox.

Crowdvance.com’s 100% free model is not the only unique aspect to its fundraising platform. The company strives to be more than just a passive middle-man like other fundraising websites. It does this by forming partnerships with national companies to arrange exclusive gifts for donors to choose from as a reward for their donation. Current partners include companies like Hulu and Fathead.

“We saw that donors were getting burned out with traditional and online fundraising campaigns,” said Zachary Herman, CMO of Crowdvance. “With traditional fundraisers, small organizations are wearing out donors by trying to sell them the same bland fundraising products every year. How many tubs of popcorn or t-shirts can someone buy? And with more organizations making the switch to online fundraising, donors are experiencing fatigue. We solve that problem by rewarding donors for their good behavior. Donors can save on things like concert tickets or pro-sports tickets, or even on jewelry, as a reward for contributing through Crowdvance to an organization they care about. Plus, now a donor can have their donation go where it is intended to go.”

As the only for-profit fundraising platform that passes on 100% of donations received for processing, Crowdvance is poised to disrupt the entire online fundraising industry.

“We can support a 0% service fee because of our innovative business model,” said Fox. “We’re focusing on the value we deliver to national companies as our main business, and passing the benefits back to the organizations that use our platform to raise funds, making it entirely free.”

Crowdvance has always had a values focus. It won first place in the international Values and Ventures Business Plan Competition in April, 2013 and now the company feels even stronger about its ability to focus on its values mission.

“Over the next few months, we’re going to open the Crowdvance platform to the masses, and are going to become the standard for fundraising. Our model just makes sense,” says Fox.

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KPCB, NVIDIA, Shasta Ventures, and Occam Partners Follow Successful OUYA Kickstarter Crowdfunding Campaign with Venture Capital Investments Bringing the Total of $15 Million in New Funding Raised

13 May

By Robert Hoskins

In a sign of thing to come for the infant Crowdfunding industry, video game startup OUYA announced $15 million in new venture capital funding led by Kleiner Perkins Caufield & Byers (KPCB), with participation from the Mayfield Fund, NVIDIA, Shasta Ventures, and Occam Partners. The company intends to use the additional funding to support OUYA’s growing game development community, and meet increased demand for the upcoming retail launch. KPCB General Partner Bing Gordon will join the company’s board of directors, which also includes Julie Uhrman , OUYA founder and CEO, and Roy Bahat , chairman of the Board.

KPCB, NVIDIA, Shasta Ventures, and Occam Partners Follow Successful #OUYA #Kickstarter Crowdfunding Campaign with Venture Capital Investments Bringing the New Total of $15 Million in New Funding Raised

KPCB, NVIDIA, Shasta Ventures, and Occam Partners Follow Successful #OUYA #Kickstarter Crowdfunding Campaign with Venture Capital Investments Bringing the New Total of $15 Million in New Funding Raised

OUYA’s vision for a new kind of game console, open to all game developers, was brought to life through the support of early backers who crowdfunded the initial product development on Kickstarter. The crowdfunding effort set Kickstarter records, and delivered $8.6 million – almost nine times the target raise – signaling strong consumer demand for the console.  Venture funding validates the business strategy.

“We want OUYA to be here for a long time to come,” said Uhrman.  “The message is clear: people want OUYA.  We first heard this from Kickstarter backers who provided more than $8 million to help us build OUYA, then from over 12,000 developers who have registered to make an OUYA game, next from retailers who are carrying OUYA online and soon on store shelves, and now from top pioneering investors.”

Before joining KPCB where Gordon is focused on digital investments, he was a long-time executive at Electronic Arts, beginning with EA’s founding in 1982 which had initial funding from KPCB. As an OUYA board member, Gordon will advise the company as it scales its development community and executes its retail strategy and product development plans. Gordon also serves on the board of directors of Amazon, Klout, Lockerz, MEVIO, Zazzle and Zynga.

“OUYA’s open source platform creates a new world of opportunity for established and emerging independent game creators and gamers alike,” said Gordon.  “There are some types of games that can only be experienced on a TV, and OUYA is squarely focused on bringing back the living room gaming experience. OUYA will allow game developers to unleash their most creative ideas and satisfy gamers craving a new kind of experience.”

OUYA’s appeal lies in its unique philosophy within the console market. On OUYA, every game is free to try, and any developer can publish a game. OUYA is powerful enough to run 3D games in beautiful 1080p HD with its NVIDIA Tegra-3 processor, and open enough to invite game developers to bring their most creative inventions back to the television. More than 12,000 game creators worldwide have registered to make an OUYA game, from AAA studios to new entrants, including Square Enix, Inc., Double Fine Productions, Tripwire Interactive, Vlambeer, Kim Swift ‘s Airtight Games, Mighty Rabbit Studios, nWay, Polytron Corporation, and many others.

OUYA is now shipping exclusively to early backers as part of a preview program.  On June 25th, OUYA will be available for purchase in the U.S., Canada, and the U.K. through retailers Amazon, Best Buy, GAME, GameStop, and Target, and on OUYA.tv for $99.99. Additional controllers will retail for $49.99.  Through these retailers, consumers can pre-order OUYA today.

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Crowdfund it Today Partners with CommunityLeader to Deliver Crowdfunding Solutions for Entrepreneurs, Startups and Small Businesses in Atlanta

2 May

By Robert Hoskins

Crowdfund it Today has partnered with CommunityLeader to educate, empower and encourage business owners to effectively grow their business with crowdfunding financial tools by leveraging the greater Atlanta metro business community.

Atlanta-based

Atlanta-based “Crowdfund it Today” expands its business development services for individuals and organizations that want to take a leadership role in the emerging Crowdfunding market

“Companies are chomping at the bit for new capital. With the rapidly emerging industry of crowdfunding, I have found that both individuals and organizations are searching ways to raise capital or play in this exciting market,’” said Rod Reed, founder and CEO of Crowdfund it Today. “I see hundreds of businesses, organizations and the community benefiting from participating in or supporting crowdfund raises through our platform.”

“I’ve been in the financial field for over 17 years, in various positions in the financial industry managing over 500 clients and more than $300 million in assets under management, so I know why investors invest,” Reed continues. “Now, I’m positioned to use this knowledge to assist entrepreneurs on how to grow their business through the effective use of crowdfunding.”

Crowdfund it Today can help businesses seeking to raise capital through crowdfunding; professionals expanding their business to include crowdfunding related services; financial advisors seeking to include crowdfunding in their portfolio of tools; and organizations seeking to support business development in their Atlanta community.

“We have found that local business and community leaders are overwhelmed with the process and rules surrounding crowdfunding,” said Joseph Barisonzi, CEO of CommunityLeader, Inc. “Crowdfund it Today provides an learning platform that removes the uncertainity and complexity surrounding crowdfunding, and show local business owners how they prepare for a financial boost today.”

CommunityLeader is an industry leading full-service provider of custom and private-labeled crowdfunding platform solutions for individuals, organizations and businesses seeking to sponsor, host and run their own crowdfunding portals. Crowdfund it Today is built on a CommunityLeader platform. Together, crowdfunding partners will make a positive impact in the greater Atlanta metro area helping businesses grow while creating new and sustainable jobs.”

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