There are now numerous crowdfunding platforms helping new and small businesses to find the capital they need, and we’ve seen hyper-local one-project-a-week efforts before in the shape of Lucky Ant. With a similar objective, Smallknot helps neighborhood enterprises to create their own funding projects, with reward packages for pledgers.
Taking its inspiration from the popular Kickstarter crowdfunding site, businesses can upload details about a project they are looking to undertake,as well as set the funding goal and time limit for backers to place a donation.Smallknot aims to help local businesses connect with fans and gain new custom by offering products or services in return for providing financial support. or example,a USD 25 investment in a local bar in Brooklyn currently rewards backers with USD 35 bar tab and a free bowl of pretzels as a thank you, while a USD 250 pledge gains donors a party for eight people.
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.