SpringWise features a new crowdfunding platform, 33Needs.com, which will be due in February 2011. 33Needs works the same as KickStarter, only that it is focused on social enterprises, thereby allowing ordinary people to invest, make a social impact, and earn a return.
Social entrepreneurs begin by applying to the 33needs investment committee, providing information and an introductory video to their project. If they are accepted then they can select a 30 or 60 day period within which to raise a chosen amount, using built-in sharing tools to promote their cause. If the goal is reached, then funding pledges are transferred into investment, minus 5% for 33needs. If the fundraising falls short of its target, then no money changes hands.
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.