A startup’s most significant dilemma is obtaining the necessary resources to start activities or increase production. A good idea is insufficient to get assets and establish a work team. Many businesses need an initial push to generate more income. Resorting to crowdfunding sites is a good idea.
This crowdfunding model seeks to collect small amounts of money from a significant number of investors. With a clear promise of value and the possibility of exponential growth typical of a startup, you can find the capital you need on a crowdfunding site. Stay to know the ten best options to finance your entrepreneurship.
If you have a unique and innovative idea; with a clear commercial value and a clear growth proposal, then continue reading to identify the crowdfunding site that best suits your startup’s needs.
Indiegogo
This site may be the best if your value proposition focuses on innovation and technology. This crowdfunding platform offers two types of financing: fixed or flexible. First, you set a fixed collection goal, and the money is only available when the campaign reaches the budget goal. In the second, you collect all the capital received.
This option is perfect for projects in the development stage that want to bring a product to market. Each type of financing establishes collection fees for the platform. We recommend you carefully study the options to choose the most appropriate one.
Patreon
This platform proposes a subscription financing system, which makes it perfect for digital dissemination projects. If your project includes a YouTube channel or Podcast, you may want to consider opening a Patreon account. Subscribers contribute a monthly payment that allows creators to establish a stable income.
This system is ideal for those startups that focus on producing valuable content. Affiliates in this system value quality and creativity over quantity and productivity, so it’s perfect for artists and creative projects that want to stay updated.
LendingClub
This crowdfunding site offers a novel financing proposal. It provides loans like a bank, but the money comes from those affiliated with the system. Your venture will go through a classification process, and investors will get their money back depending on the success of the funded projects.
This proposal works well if your brand can significantly multiply the investment received. Otherwise, the community may reject your offer.
Kickstarter
It is one of the most renowned platforms in this business model. It focuses on enhancing creative projects such as theater, musicals, records, artistic exhibitions, innovative technological products, etc.
A fixed financing model delivers the money when meeting the budget objectives. It has managed to get a significant number of projects off the ground. The success of fixed financing implies a media campaign. The value proposition and return must attract investment.
CircleUp
This site is ideal for companies already in the market looking to scale and expand their influence. Investors can finance the brands or acquire stakes in the brand. It differentiates it from other similar offers. In addition, they offer a platform for monitoring companies. This way, investors know in detail what processes their money is running.
This monitoring can expand the possibilities of transformation and improvement of companies. It is ideal for companies with traditional value offers, such as restaurants and tourism.
SeedInvest
The platform works as an investment center. Subscribers choose the startups they want to invest in, and the site functions as a business marketplace. This option directs its attention to brands and startups with some experience and reputation in their industry.
WeFunder
This financing model arises from entrepreneurs needing help finding resources for their projects. Therefore, it focuses on Startups with innovative ideas that need a financial boost. It also works with a fixed goal and only charges commissions when the campaign accomplishes the budget.
GoGetFunding
The motto of this financing system is simple to access and trust. It has a simple interface that allows you to create your page quickly. From the profile, you can start collecting capital immediately. Access to funds raised is unlimited, so that it may be the fastest and most efficient option. However, it only works if the brand already has an audience willing to contribute to the project.
Ulule
This project condenses the intention of generating collaborative projects without profit as the primary motivation. In addition to offering collective financing, it provides support and accompaniment for innovative projects.
This platform is ideal for enterprises that seek to transform society from specific proposals.
Dozen
This platform establishes an investment and savings model. In other words, the page offers the ventures to investors who seek to multiply their savings and keep them safe. From this perspective, a company will be available in the Dozen portfolio if it can guarantee stability and profits to its investors.
However, the site also supports the growth and scaling of the brands available in its portfolio.
Evaluate the options and make a wise decision
As you can see, the options for crowdfunding sites are diverse. The best choice depends entirely on your brand’s needs, the enterprise’s trajectory and projection, the public’s willingness to invest in the company, and the possibilities to generate a suitable campaign.
Allying with one of these sites can provide the necessary resources to launch or scale the product or service. However, it would be best if you advanced through this process strategically.
Consider the skills, strengths, and weaknesses to choose the site that best suits the brand´s needs. We hope that the information in this article will help you make the best decision possible.
