What is crowdfunding?
In this time of crisis crowdfunding is proving to be an effective way of raising money for great ideas from the people around you.
Crowdfunding is a way to raise money for good ideas. Pay It Forward London is working with Crowdfunder to help London businesses to get through this exceptionally difficult period by offering 100% free fundraising using the Crowdfunder platform. Using crowdfunding to set up a project to support your London business is an effective way to keep marketing the products and services that your customers still wish to purchase while we are in lockdown.
If the lockdown is hurting your business then yes! It’s easy to set up a Pay It Forward campaign and be live in minutes giving your traditional customers a means to purchase your products in the form of a voucher that can be redeemed as soon as the business is back on its feet. It's called offering Rewards and has been super successful in helping thousands of businesses to keep going during this unprecedented time.
Crowdfunder has created the highly successful Pay It Forward crisis funding model that is working so well for so many small businesses. This campaign to support London businesses by the Mayor Of London recognises the exceptional work Crowdfunder is doing to keep UK businesses alive and we want to play our part in supporting London communities by doing what we can to get London businesses through this difficult period.
Use the Start Fundraising button and begin the dedicated step by step flow to build your story and launch your project. Describe the circumstances of your business and state a reasonable target based on the money you need to get you through this period. Don’t be over ambitious and very importantly, use the Rewards section to accurately list the range of products or services you wish to sell now which your customers can redeem in the future. This is the model that is proving so popular for many UK business small businesses.