Crowdfunding For Women Owned Products And Services

By Alta Alexander


Crowdfunding is a rather new concept. Crowdfunding for women is one way to raise money for a number of different type projects. As such, each and every woman whomever wanted to become an entrepreneur may want to check out these new opportunities. While there are multiple websites associated with the process directed only at supporting women based start-ups, some are better than others.

As the ideology behind the process is fairly new, there is a lot to be learned. As such, both men and women are now providing presentations and workshops related to this new aspect of funding a project. One of the best ways to learn about this new process is to review a number of campaigns and projects. Some of which can be found on websites like Kickstarter, Pine Alley and others which host projects desiring financial support.

Pine Alley and other similar sites have succeeded at a rate almost double the average of the industry as a whole. While other sites have similar success, Pine Valley is one of a kind in its development, funding and deployment. While the internet is not available in all areas, there are a number of different areas of the world in which these websites are viewed. Ultimately adding to the success rate of those whom have the knowledge and skill base to run a successful campaign.

While these women oriented sites only accept projects posted and managed by women, men and women alike can provide funding, at least on the majority of sites. While men are welcome to participate, most often it is women supporting women which create the most successful outcome.

Whether a dedicated site or one which allows posting and funding by all genders, most offer a clear plan. A plan generally includes step by step instructions from start up through completion of a campaign. A campaign is considered complete once it has been funded and the product or service has been made readily available to the public.

As the websites also benefit financially and with regards to positive reviews, most are happy to share this information free of charge. Although, there are others in which these fees help pay overhead and keep the site in operation. One important aspect on the part of the user, and those running these websites is that the individuals or groups have the necessary knowledge and information to take the campaign from start-up through completion.

Otherwise, the campaign or project while possibly obtaining funding may hit a roadblock. If this happens, then most often all monies obtained up to that point and time must be returned to each provider. Although, while most sites require this to be the case, there are a few which will allow the monies to stay in escrow while the individual obtains the necessary knowledge to complete a project.

While this type funding is now quite popular with those whom work online, others without online access still have other options. Some of these include applying to shows like Shark Tank, talking with a Small Business Bureau representative or borrowing money from a private investor. Of course, the better presentation, credit and reputation one has upon requesting this type funding, the more likely one will be to obtain the monies needed for the development of a product or service oriented business.




About the Author:



No comments:

Post a Comment