Fundraising has always been one of the most difficult and demanding aspects of operating a nonprofit organization. Modern online fundraising methods have greatly streamlined the job and made it relatively easy to raise large sums of money quickly and efficiently. Charitable organizations have found raising funds online to be one of the biggest time- and money-savers…
Two innovative new developments – crowdsourcing and crowdfunding – both use mass collaboration to accomplish goals. Tapping into a crowd rich with talent or capital can fuel growth, increase efficiency and make previously insurmountable tasks possible. Whether you’re a trendsetting enterprise manager, a digital content creation manager, the developer of the next big social media…
Crowdfunding has helped fund startups and innovation since its inception, but academic research is starting to benefit. The funding of anything from Project Hexpod that funds the building of Stompy, an 18-foot rideable walking robot, to saving abandoned or abused animals across the globe or getting creative projects started takes place via crowdfunding platforms, such…
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