Public grant and sponsorship sources that were once dependable are now either shrinking or delayed, which creates huge cash flow issues for the organizations that coordinate these weeks. A bad economy also means lower enrollments. People either find themselves unable to partake in these cultural weeks, or wait until the last minute to commit, both of which contribute to organizational uncertainty. These weeks depend on direct support, and although for most the spirit is willing and the love is there, support has generally been an all or nothing proposition – you either pay and attend, or you don’t.
What is perhaps most remarkable in the CIAW’s effort (besides the support itself) is the number of people it introduced to the ease of crowdfunding. In helping tighten the bonds of the traditional music community, a core part of it is now familiar with this new model of music patronage that supports artists and great projects in advance. Done properly, it can be an amazingly effective and low risk way of financing independent music, both for funders and fundees.
Founded in 2010, the industry website, Crowdsourcing.org, is a neutral organization dedicated solely
to crowdsourcing and crowdfunding. As one of the most influential and credible authorities in the crowdsourcing space,
Crowdsourcing.org is recognized worldwide for its intellectual capital, crowdsourcing and crowdfunding
practice expertise and unbiased thought leadership.