Excellent cause and story behind it. You have our support. I would suggest that this type of project would do much better on a social / crowd funding site like gofundme, I'd be willing to bet it would get substantial support there.
What she is looking for is someone who has the know how and experience to take a new product to market. She said that she doesn't even know where to start, which is probably why she went with an 'invention company'.
I told her I would post her story on CryptoMoms and then it could be used as the story link for Twitter and Facebook to get the word out.
Shark Tank, or perhaps a venture capitalist (if they took over getting the product manufactured??), would probably be a good fit.
Are there any crowd funding sites that would guide someone through this?
Her story is touching and Joe's suggestion of using crowd funding may be her best bet. She may have to pick one that is more charity oriented. Joe mentioned GoFundme. A second one is CrowdRise.
What I am concerned about are the complexities of coming up with a viable business model and the necessary skill sets to execute. It takes a lot more than money to take it to the next level. I would be surprised if any VC would even look at it. Looks like she needs someone with the right experience to work with her.
GoFundMe vs CrowdRiseGoFundMe and CrowdRise are two popular crowdfunding sites that allow individuals (like you!) to raise money for different personal expenses, causes, and charities. Just like there are subtle differences between Kickstarter and Indiegogo, two popular reward-based crowdfunding sites, there are also similarities and differences between these two platforms. Choosing the right platform for your needs is key.
Do you want to raise money for a charity? Are you fundraising for unexpected medical expenses, or to cover education costs? This GoFundMe vs CrowdRise comparison should help clear up some details about each of these fundraising services and give some insight as to which one is best for your situation.
GoFundMe is a crowdfunding site that markets itself as a platform where individuals can raise money for a wide variety of personal causes for established charities. This platform has categories for just about any cause you can think of, and an ‘other’ category in case your cause is really out of the box.
They also have a special section for major event fundraising – like Ferguson Rebuilds, Philippine Typhoon, and Colorado Flooding. GoFundMe allows users to raise money without a campaign deadline or to choose an all-or-nothing model (you must hit your goal to keep the funds raised.
“San Diego-based GoFundMe was launched on May 10, 2010 and has quickly become the World’s #1 fundraising site for personal causes and life-events. Hundreds of thousands of people have raised over $700M from 8M donors for the things that matter to them most.” – Source.
Categories: medical, volunteer, emergencies, education, memorials, sports, animals, business, charity, community, competitions, creative, events, faith, family, national news, newlyweds, other, travel, and wishes
Cost: GoFundMe takes a 5% fee while the cost of credit card processing depends on your location (2.9% + $0.30 for USA and Canada) or if you are a charity. For information on pricing for other locations see this page.
Notable campaigns: There have been several campaigns that have gone viral in the media on GoFundMe, including money raised for Boston Bombing victims and businesses that were harmed during the Ferguson protests. I’ve included snapshots of them below. For more campaigns, check out our list of inspiring GoFundMe projects or those listed on the GoFundMe website.
“San Diego-based GoFundMe was launched on May 10, 2010 and has quickly become the World’s #1 fundraising site for personal causes and life-events. Hundreds of thousands of people have raised over $700M from 8M donors for the things that matter to them most.” – Source.
Categories: medical, volunteer, emergencies, education, memorials, sports, animals, business, charity, community, competitions, creative, events, faith, family, national news, newlyweds, other, travel, and wishes
Cost: GoFundMe takes a 5% fee while the cost of credit card processing depends on your location (2.9% + $0.30 for USA and Canada) or if you are a charity. For information on pricing for other locations see this page.
Notable campaigns: There have been several campaigns that have gone viral in the media on GoFundMe, including money raised for Boston Bombing victims and businesses that were harmed during the Ferguson protests. I’ve included snapshots of them below. For more campaigns, check out our list of inspiring GoFundMe projects or those listed on the GoFundMe website.
Read More:
http://www.crowdcrux.com/gofundme-vs-crowdrise/