Are you an idea machine fully capable of transforming what's in your mind into actions that would benefit, not only yourself, but other groups of people too? Are you a passionate, goal-driver dreamer capable of creating viable solutions out of real-life Filipino problems?
Image Source: CauseVox.co
Are you a successful person who'd like to give back to the people behind your triumph by supporting budding entrepreneurs from different fields? Is altruism imbibed in your character?
Then, this article is what you are looking for. In this post, we list down some of the sites which serve as venues for someone to pitch your ideas in, raise funds, and deliver what you have promised for the benefit of the people whose lives can be changed by your vision. Besides this, it also allows wealthy individuals to effectively use their money for certain causes and support startups and thriving businesses that will go big and change the world.
People commonly refer to this way of seeking for or giving support to projects, products or events as crowdfunding.
People commonly refer to this way of seeking for or giving support to projects, products or events as crowdfunding.
WHAT IS CROWDFUNDING?
Wikipedia defines crowdfunding as:
"the practice of funding a project or venture by raising monetary contributions from a large number of people, today often performed via internet-mediated registries, but the concept can also be executed through mail-order subscriptions, benefit events, and other methods."
For a financially wealth person, it means you, yourself, will give a specific amount of money toyou fund a project (event, product, idea), and usually, the project initiators give you something in return. For the project initiators or organizers, you are given an opportunity to present your possible solutions to the online public.
Of course, Filipinos have had their fair share of financing and/or support seeking through crowdfunding platforms. Here is a list of some crowdfunding websites where projects/events created and/or supported by fellow Pinoys and foreigners have become successful.
1. PhilAmTHropy (PATH) : Get funded!
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| Image Source: http://www.philamthropy.com/ |
Its founder Georgina Lee envisioned it to be similar to Kickstarter; however, PhilAmTHropy or PATH targets Filipino-oriented projects that have a huge potential. And so, these receive financial assistance from PATH. PATH also focuses on high quality and viability projects, helping the project owners with their marketing campaign.
PhilAmTHropy (PATH) is a crowd funding site for projects made for or made by Filipinos. We coined the name "PhilAmTHropy" by combining the word "philanthropy" (love of humanity) with "PhilAm," our abbreviation of "Philippine Ambassadors".
Image Source: Called to Rescue
One of the projects it supports is Called to Rescue which is a non-profit organization aiming to fight child sex trafficking, violence and abuse in the country. Check out the Philippine chapter here.
2. Artiste Connect : Get funded!
Artiste Connect is a crowdfunding platform for talented artists and creative individuals to help them finance the production of their projects.
Image Source: Artiste Connect
Artiste Connect is not just about project productions. It’s about bridging the gap between the artist and the fan, as well as the artist and the businessman. Our goal is to connect and support both the artist and the fan. Know more about Artiste Connect here.
One specific interesting Filipino group featured in Artiste Connect is Color It Red - Facebook.
Image Source: Color It Red, Artiste Connect
The Filipino pop-rock band that was formed in 1989 had gained funding through Artiste Connect was able to record its fifth studio album “Silver” for its 25th Anniversary. Support them by checking out this link.
3. Crowdo: Get funded! Invest!
Crowdo (formerly Crowdonomic) caters to entrepreneurs in Asia seeking funding and visibility. It is based in Singapore and targets start up businesses not just individual projects. Leo Shimada, founder, said that their ultimate goal was to help entrepreneurs by addressing a key pain point – the funding gap.
Image Source: Crowdo
Crowdo is Southeast Asia's biggest crowdfunding company with a mission to empower Innovators and Entrepreneurs in Asia. We are leading the way in Asia with a comprehensive portfolio of Finance 2.0 solutions and services. Know more about Crowdo here.
Image Source: Earth Hour, Tumblr
One particular Pinoy project on Crowdo worthy of your support is Bancas for the Philippines which was raised by the WWF through Earth Hour Blue campaigns on the crowdfunding site. The project was successful it was able to get 18 Filipino fishing boats back on the water. The recipients were those fishermen who lost their livelihood due to typhoon Haiyan (local name Yolanda).
4: Kickstarter:
Kickstarter, a large global community built around creativity and creative projects, has served as an avenue for at least 10 million individuals to back projects that matter.
Image Source: Kickstarter.com
Kickstarter helps artists, musicians, filmmakers, designers, and other creators find the resources and support they need to make their ideas a reality. To date, tens of thousands of creative projects — big and small — have come to life with the support of the Kickstarter community.
Image ScreenCap: Kim Komenich video on Kickstarter.com
Pulitizer Prize awardee, photojournalist Kim Komenich has launched a Kickstarter campaign for a $25,000-goal that will allow for the release of his new book detailing the fall of the Marcos regime in the Philippines during the 1986 "People Power" EDSA revolution. The release is in celebration of the 30th anniversary of the revolution. As of posting date, the campaign has already received the $14,000. If you wish to support this, here is the link. Other projects are available too.
5. Indiegogo: Together Do Anything
Just like Kickstarter and other crowdfunding websites, Indiegogo gives entrepreneurs, makers, movers, and shakers the chance to dream big and affect lives without the pressure of having to capitalist investors' demands. It gives entrepreneurs the self-determination they need and empowers them to go for their passion.
Image Source: Indiegogo.com
Because every inventive idea should have its shot, and every creative entrepreneur should have their moment. When there’s more freedom in the funding of ideas, there’s simply more freedom, period.
Image Source: IQube on Indiegogo
Who says learning about electronics at a young age can't be simple and fun? A Makati-based four-man team created the IQube which teaches kids the basics of electronics by letting them connect cubes together, each of which makes a significant part of the electric circuit. This, thereby, allows kids to explore and understand part by part the circuit. Check out other Indiegogo campaigns here.
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