HOW IT WORKS
Crowdfunding [kroud-fuhnd-ing] noun, the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the internet.
How Crowdfunding works:
Post your project on an internet platform.
Describe it in words, use engaging graphics, and videos.
Set a funding goal and timeline.
Make the case for why it is important.
Directly support the project by making a gift.
Use email and social media to inform your friends and family about the campaign.
How Oberlin Crowdfunding works:
Sign up is quick and easy. Click the “Create Project” button and follow the instructions, entering information about your project that communicates its value. A panel of campus representatives will determine approval for the campaign. Please allow 30 days for approval. Once your application is approved, publish your page, and you are ready to begin crowdfunding. (All projects must direct funds to an Annual Fund account. Once in the fund account, all raised money will be distributed.)