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Kickstarter Crowd Funding Promotion

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Page 1: Kickstart source kick start

Kickstarter

Crowd Funding

Promotion

Page 2: Kickstart source kick start

• The hardest problem about funding a new idea is finding the funding.

• Although there are a number of solutions out there not all of them apply to a given situation or are will take too long to set up.

-Government Grants can take up to six months.-Venture Capitalists require repayment and may control the

company as an investor.-SBA Loans can take up to three months but need to be repaid.

• However, Kickstarter crowd funding gives small companies a chance to find funding quickly.

• Most of the projects find financing within a few weeks.

Page 3: Kickstart source kick start

• Kickstarter is perfect for most small business financing.-Owner keeps control-Receptive to new ideas-Good for projects that need limited financing

• However, there are some limitations that must be dealt with.-Requires a video presentation-A business plan must be created-Tiered incentive plans-Must request more than looking for in order to fund incentives and Kickstarter-Must have a bank account

• However, most businesses already have most of those in place so this should not be a problem. Even the incentives should already be in place, as they will be what you were interested in selling.

Page 4: Kickstart source kick start

• Nonetheless, there are some advantages on setting up a Kickstarter campaign.-If the plan falls through, potential investors are refunded.-Investors gain instant gratification-Funding can be found in short order-Can use Kickstarter page in publicity, such as press releases and social media

• For small businesses, this makes it easy to fund projects under $5 million.

Page 5: Kickstart source kick start

• We promote your Kickstarter crowd funding project through social media.

•http://crowdfundingboost.com/

-Gets the news out quickly-We can get the news about your project out to people who are

interested in your project-We can use a number of different sites to find investors for your

project-Kickstarter is already setup to handle social media needs