Anyone who’s ever been passionate about a creative endeavour would tell you how important it is to have the right resources to support you. The lack of funding can be quite limiting, and in fact discouraging. Fighting off such limitations, crowdfunding has opened up various avenues for those with creative ideas, as they can start a fundraiser to gain all the financial support they need. The best part? There’s no added pressure of repaying your “investors”, making it effectively a debt-free opportunity to bring your ideas to life. Online fundraising can take you a long way by ensuring you’re able to afford building a team, or buying necessary equipment, or entering competitive spaces, to make your project successful. Therefore we at Impact Guru envision a fundraising india that always has a platform available to raise money to support creativity and innovation for the Indian population.
Having said that; the benefits of a fundraising india for creative projects goes well beyond simply raising funds. Here’s how:
Traditionally, getting funds for a startup idea or project was a lengthy process that involved making countless pitches or approaching innumerable “potential” funders with the hope that one of them sees the greatness in your project. But lately, through the vast ocean of possibilities for a fundraising india that financially supports creative projects, there has been a phenomenal rise in the number of innovative ideas that reach the completion and execution stage.
Validation from experts
While crowdfunding ensures availability of funds, the fundraisers also benefit by gaining access to a large community of experts in various fields. Inputs from them may help enhance ideas and take them to the next level.
Promotion of innovative ideas
Crowdfunding has the capacity of making one’s idea viral because its success depends a lot on the strength of the idea and how the campaigner promotes their campaign. At any given point of time, the pool of donors can comprise of complete strangers who are curious about your idea, to people who are experts in the field. In many cases, the college/school alumni turn out to be the biggest supporters and this acts as a great boost for students.
Helps set realistic goals
When you put your idea out there for the world through fundraising platforms, the responses you get will help you understand the market and demand from your idea. One of the biggest advantages is that it helps you set realistic goals for your initiative.
India has one the largest populations in the world today. Rather than focusing on the ill effects of having a population so large, we can change the game by making it our biggest strength. It is in our hands to use our large numbers as the basis of innumerable opportunities for innovation and creativity. Crowdfunding is the one thing that can take a seed idea and transform it into a hugely successful innovation. Start a free fundraising campaign on Impact Guru today, if you have an idea that can make it big.
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