What is crowdfunding?

Crowdfunding is sponsorship by a crowd of many donors, each making an individual, small donation to help you succeed. It works best when you put your energy into reaching out and talking about your project with people who might want to help.

Who are the donors?

Your donors will be individuals such as alumni, friends, and family. Occasionally, they may also be complete strangers! How many people your project reaches is up to you!

Can I raise more than my funding target?

Yes! There is no ceiling to how much you can raise, as long as you are able to find the donors.

What is a project?

When you publish your idea or event, we call it a project. For your idea to become a project, you must have a clear goal and be able to explain how you will spend the funds you raise.

Are there any fees?

We cover the costs of the platform so 100% of gifts go directly to your project.

I have more questions!

Get in touch with Kieran Queen (kqueen@umbc.edu or 410-455-1361) to chat.

Resources

The Crowdfunding Handbook
Promotion Guide