Crowdfunding for the social sector
Supporting Critical Funding for European Social Economy and the 3rd Sector
About the Project
The SUCCESS project aimed to support the European Social Economy and the 3rd Sector by addressing the challenges they faced in adopting crowdfunding as a specialized form of fundraising. Crowdfunding had emerged as an innovative method of securing funds, but the 3rd Sector and Social Economy encountered difficulties in adapting to this funding strategy. They lacked ICT skills, basic knowledge of crowdfunding, and faced specific governance issues that hindered their ability to embrace this concept. As the traditional cash collections dwindled, it became crucial for these sectors to quickly adapt to the new electronic-based economy.
Recognizing the need for alternative funding options, the project aimed to provide innovative tools for social enterprises across Europe. Its goal was to help them navigate the economic threats and generate outreach and community building among their target audiences.
SUCCESS sought to transfer the understanding and knowledge of crowdfunding across Europe while developing free and accessible resources for learners, educators, and vocational education and training (VET) experts. These resources aimed to offer practical solutions to the sector's specific challenges. The project aimed to create web-based learning packages that guide the sector through the process of campaign planning, building a strong social media presence, and maximizing the chances of success.
Benchmarks
To establish a baseline and identify needs, SUCCESS conducted a benchmarking study on third sector funding through alternative sources in the EU and the project countries.
Studies
The project published case studies showcasing successful crowdfunding campaigns and conducted a longitudinal study to assess the impact of the materials created on 3rd Sector organizations, individuals, educators, and VET experts as they embarked on their crowdfunding journey.
Basics of Crowdfunding
How can I implement a Campaign?
In Modules 1-8, you will learn in more detail what Crowdfunding is, why it works and about the different Crowdfunding types. At the end of these Modules, you will begin to have some clarity about whether Crowdfunding is for you, and if so, which particular type (or hybrid of types) could be the best fit for your project.
In the Modules 9-14, you will learn about the critical skills you need to build a Crowdfunding campaign.
At the end of these Modules, you will have worked through all the critical activities you need to consider to be able to design and develop a campaign and to launch and manage it during the live period.
Download Reports
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European Benchmark Report
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Online Courses
Crowdfunding has revolutionized the way innovators and entrepreneurs raise funds for their projects, providing a platform for individuals and organizations to connect with a global network of potential backers. However, navigating the world of crowdfunding requires a solid understanding of its principles, strategies, and best practices. This comprehensive learning program is designed to equip you with the essential skills needed to excel in crowdfunding, from understanding its fundamentals to successfully launching and managing campaigns.
The SUCCESS Partner
