Crowdfunding For Women And Why Its Important

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.

Unless all individuals associated with a campaign understand the process, success may be quite limited. Generally, individuals can post a plan to establish a product or service which needs financial support. Once posted, others interested in supporting the project then donate an unspecified amount of money through a secure networked website.

One of these websites is that of Pine Alley. It is also one of the best and most used of these women oriented sites. Although, there are others which offer the same opportunities, this particular site has already seen great success with campaigns which have come to fruition in a short amount of time.

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.

Most often these websites work to make it easy to create, post and run a campaign from start-up through completion. As it is much easier to run a successful campaign if an individual knows what to do, there are generally steps outlined during the registration and set up process. The best of which also offer counseling related questions or issues which may arise during the course of the campaign.

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.

Other opportunities for obtaining funding include applying to shows like Shark Tank, or going through traditional banks, credit unions or financial firms to obtain the monies needed for a start-up. While this is the case, not all have the credit or skills necessary to obtain these type funds. As such, crowdfunding has found an online presence which can help others obtain, fund and support various projects.




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