crowdfunding is a great way to raise money for your startup or project. There are many crowdfunding platforms in Nigeria available, and they all have their advantages and disadvantages. So which one is the right fit for you? Here are five crowdfunding platforms in Nigeria to check out.
Donate-ng
donate-ng is an online fundraising and crowdfunding portal in Nigeria where individuals and charities with causes and projects can easily raise funds.
By using the go-to portal for crowdfunding in Nigeria, Charities, School alumni, Religious organizations, Entertainers and other game-changers can ensure their big dreams come true, by enlisting the help of people all over the world.
Founded in 2015, our Mission is to be the “go-to crowdfunding platforms in Nigeria, where Nigerians in Nigeria and the Diaspora or people of Nigerian descent and affiliation, can collectively help change lives through online fundraising for projects and charitable causes.
Things to know about “donate-ng”
- “donate-ng is a home for funding your small or big Charity dreams. Our mission is to help ease the burden of raising funds for your charity project or causes, bringing your dreams to fruition.
- donate-ng supports each dream (Project or Charitable Cause) created by individuals or organizations.
- “donate-ng” in its capacity has tried to curtail all avenues of fraud and mismanagement of funds raised, making sure all funds are used for the designated cause/charity/project.
- “donate-ng” will support Fund Raisers to ensure their big dream is met using the “donate-ng” supervisory framework and ubiquitous advice.
Articulate
Rather than just saying, “I’m building a startup and we need money to do it,” you can articulate the goals of your startup clearly and concisely. This will make those goals more likely to be achieved. For example, if you want to raise $50,000 for your business, an easy way to communicate with them is by saying that you want to “sell a product with a high margin on eBay.”
If you want to raise $100,000 for your startup, you could say something like: “We’re looking for investors who are willing to invest in us as long as we make at least 80 percent on our investment.”
Pitchfork
This platform is one of the most popular crowdfunding services in the West. With Pitchfork, you can fund projects and campaigns that are based on real-world events. There are many benefits to using this platform:
You can effortlessly raise capital to start your project by simply telling people about it. You don’t have to find investors, or any other kind of middleman; instead, you can directly approach a bunch of people who want to help make your dream a reality.
Indiegogo
This new crowdfunding platform is a great way to raise money from the general public. It’s got everything you need for your fundraising campaign, including an easy-to-use mobile app that can be accessed even on the go. Everything about the site is user-friendly and designed to make it easy for anyone to start raising money through Indiegogo. For one thing, you can get started with as little as $1: You just enter what you want your campaign to do and press “go.”
There are some things, though, that Indiegogo isn’t perfect for all projects. For example, you’ll have a hard time getting free listings if there aren’t enough people interested in your project. Also, once people donate, they don’t get any of the rewards they’d normally receive — like product samples or early access to products and other perks — until after their funding goal is met. On top of that, they have to be careful not to give away too much information about themselves in their donation request form so that potential donors won’t feel uncomfortable donating anonymously.
Fund-a-thon
Fund-a-thon.org provides a platform to fund your project. This is a great way of raising money for your startup or business. You can set a maximum goal amount, and then you just need to crowdfund the amount that’s required.
If your startup has already started operations, this is a great way of simply raising money to get you started. With Fund-a-thon, only relevant people will be able to see the ad that you are running on the site. It can also be used as an event fundraising platform where you can meet with potential investors and raise funds for an event or competition.
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