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Crowdfund Site taps into Celebrity Star Power

Crowdfund Site taps into Celebrity Star Power

A crowdfunding company in Santa Monica is betting Donald Trump, Adam Carolla and other celebrities can convince their fans to open their wallets. FundAnything, launched in May, plans to compete with big-name crowdfunding companies such as Kickstarter Inc. and Indiegogo Inc. by having the rich and famous promote fundraising campaigns. It wants to become the crowdfunding site of choice for celebrity-led projects. Founder Bill Zanker said celebrities will introduce crowdfunding – Internet fundraising – to the millions of Americans who haven’t heard of it. “The hipster community has embraced crowdfunding, but most Americans don’t know what…

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Museums take up crowdfunding

Museums such as the Smithsonian in Washington, D.C., and the Currie Dinosaur Museum in Grand Prairie, Alta., have turned recently to crowdfunding to raise money for programs, acquisitions and new construction. Crowdfunding sites such as Indiegogo and Kickstarter have a proven track record at raising funds for individual artists through online donations from fans, often in return for small rewards, such as a free CD or a bit part in a film production. That success has attracted the attention of larger institutions, which are eager to tap any potential source of donors. The Smithsonian recently began…

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Crowd Funding Comes to Northern Kenya in Support of Women Entrepreneurs

Crowd-based funding via the Internet has taken off, with no end in sight to its popularity. One report claimed a staggering 81% growth in the industry in 2012, with 2.7 billion dollars raised for start-up projects ranging from innovative flashlight designs to experimental landmine clearance equipment. This year that number is expected to nearly double to 5.1 billion. Nonprofits have taken notice. A recent crowd-funding campaign shows that the movement has even reached Northern Kenya and some of the poorest women in the world via The BOMA Project. BOMA helps women to start small businesses in…

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The Statue of Liberty and America’s crowdfunding pioneer

As the Statue of Liberty was shipped from France, efforts to raise funds for its pedestal stalled. But thanks to a newspaper campaign and the small donations of hundreds of residents, the base was eventually built. Rodrigo Davies, a researcher at the Center for Civic Media at the Massachusetts Institute of Technology, explores America’s first major crowdfunding project. By the summer of 1885 the Statue of Liberty was in New York in pieces, awaiting assembly. Designed by French sculptor Frederic Auguste Bartholdi and paid for by the government of France, the statue was a diplomatic gift…

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GoFundMe, Facebook help people raise cash for wants, needs

GoFundMe, Facebook help people raise cash for wants, needs

Brenda Lynn plays with her two-and-a-half year old son, Kaleo… (Ricardo Ramirez Buxeda,…) February 1, 2013|By Walter Pacheco, Orlando Sentinel Brenda Lynn says her autistic 3-year-old son, Kaleo, hardly speaks, and his inability to express himself frustrates him — except when using his speech therapist’s iPad. “The iPad really controlled the tantrums and helped him communicate. I tried to get him one, but I couldn’t afford it on my own,” said the unemployed 39-year-old Orlando mom. “I applied for grants, but I wasn’t lucky enough.” So she turned to Facebook and GoFundMe.com, a so-called crowdfunding website…

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