All posts filed under: Funding

Everything related to raising money for social good.

Zidisha Website

What’s It Like To Be A Nonprofit At Y Combinator, Founder Of Zidisha Tells Her Story

Y Combinator (YC), which is often thought of as the most prestigious and sought after tech incubator in the world has started to accept nonprofits into their program. The very first nonprofit to be included in YC was Watsi in 2013. In their latest batch (YC Winter 2014), 7 out of 75 startups are nonprofits. It’s really great to see an incubator that’s responsible for the success of many popular tech companies like Reddit, AirBnB, Dropbox and Optimizely to name a few extend its expertise and resources to help nonprofits. Nonprofit founders attend the same program as  tech entrepreneurs. They have to move to the YC office in Mountain View, California for a period of 3 months to focus completely on building the product. YC also provides initial funding to qualifying nonprofits which is in the form of a donation unlike their for-profit startup funding model which is equity based. YC has just closed their applications for the 2014 Summer batch. If you are keen to apply, keep a watch on their site, they will be opening …

Raven+Lily: Our new Maasai artisan group is the first generation in their community to send girls to school! They are a truly amazing group of women and we would love your support with our Kickstarter campaign! Check out the campaign and spread the word:

3 Solid Reasons Why Kickstarter Money Is Far Better Than Foundation Grants

Every early entrepreneur dreams of getting funding especially funding free from constraints. Flexibility and freedom to do what it takes to build the startup can be amazingly empowering. With dreams comes some amount of dread in the form of the magical investor and their mysterious ways. New articles are published every day about approaching investors, talking terms and long fund raising cycles. What if I told you there is another way an enchanting path that gets you to your funding dream only on the basis of your idea or product, the demand for it and some creative marketing. I present Kickstarter and the rise of  crowdfunding. I must admit, until now I never fully understood the power of crowdfunding and how its so much better than traditional funders like Foundations — at least not until I spoke to Meredith of Ricefield Collective. Meredith recently raised a close to $100k dollars using Kickstarter to set up a social enterprise to help the indigenous people of the Philippines. Her idea was to teach these indigenous folk who have been …


Guide To Changing The World With A Kickstarter Launch

If you are using consumerism to change the world, Kickstarter is a great place to fund and launch your business. Many changemakers with consumer ideas have met with overwhelming fundraising success by tapping into the fact that people love getting stuff. Kickstarter, the largest and most popular crowdfunding site, allows anyone to fund creative ideas on the planform in exchange for rewards which are mostly creative, tangible and fairly priced products. On Kickstarter and Indiegogo, the other popular crowdfunding site, backers are looking to contribute to projects where they could possibly get something really cool and inspiring in exchange. Changemakers  with consumer ideas are able to offer niche and inspiring products, thus attracting backers and hitting their fundraising target, at times closing much higher than their initial fundraising goal. Take for instance, 1:FaceWatch, a simple, stylish watch that comes in six colors, each color representing a cause that part of the purchase price will go to. The project was founded by brand development firm Mirza Minds, who wanted to use the power of consumers to change the …


Robin Hood Tax: Bill Gates, Warren Buffet and Millions Worldwide Plan the World’s Biggest Bank Job

The Robin Hood Tax is a proposed tax on banks and financial institutions, that would raise hundreds of billions every year, to address problems of poverty and climate change worldwide. The idea Remember Robin Hood? He took from the rich and gave to the poor. And looked a bit like Russel Crowe. The Robin Hood tax does exactly that, except in this case, the ‘rich’ are banking and financial institutions. And the ‘poor’ are the public services, poverty and climate change issues worldwide. The current financial crisis and recession have left a massive hole in the public finances of several EU countries, as well as the US. Jobs and public services are at risk in developed countries, while many developing countries also face severe problems, the biggest being poverty and climate change. The Robin Hood tax attempts to clear up the mess the way Robin Hood would! Hundreds of Thousands of Robin Hood supporters worldwide believe that banks, hedge funds and the rest of the financial sector should pay their fair share to clear up …


Does Japan Really Need Our Donations?

The world is going all out to donate for Japan’s disaster response. This is obviously a very natural response from people as they witness Japan struggle from the horrific devastation caused by the series of disasters. But does Japan really need our donations?


Making Sense of the Japan Donation Frenzy

In the wake of a series of disasters in Japan – earthquake, tsunami and the resulting nuclear emergency, over hundreds of Nonprofits have stepped forward to set-up fundraising appeals and mobilize financial donations for Japan’s relief and rehabilitation. This article is to help you understand the current state of relief efforts and the nonprofit response so far.


33needs : A Brand New Way to Raise Funds to Fix the World’s Biggest Problems

33needs is an online platform that allows social enterprises (for-profit companies in the business of doing good) to raise funds from people anywhere in the world. The funders are the everyday common people who put in small amounts of money to help social businesses to kick start or scale. This new fundraising model called crowd-financing already exist in other sectors ( for creative projects – music, flim, art) but for the first time 33needs brings this new way of raising funds to the social space, giving social enterprises a powerful platform to raise capital and for the investors a simple, direct way to do good by investing in social businesses. The 33needs model is simple: social enterprises list their projects along with a short video to pitch their idea, set a fundraising goal and an offer of sharing financial rewards for a limited period with the investors. They get a 30 or 60 days window on the platform to raise funds. If the goal is reached by the deadline, then everyone’s charged. If the goal’s …


Philanthropy 2.0 : Micro Venture Capital v/s Donations

As a regular donor to causes, I have often wondered whether my donations made a difference. I have read annual reports and useful statistics telling me they have, but reports and scorecards haven’t been able to make me stay connected to the cause. Micro investment is about to change all that. How is Micro Investing different from Donating? Micro investments are investments of small sums of money (say 50 dollars) made by individuals, but more commonly, by a group of like minded people (friends, colleagues etc) in a micro venture fund such as Inventure Fund. The fund shortlists a set of entrepreneurs (individuals or communities) who are trained and mentored by its local reps. Businesses are chosen based on their track record as well as commitment to invest a part of their profits back into improving their communities. When an investment is made, the business has no pressure to make weekly or monthly interest payments as is usually the case with micro financed loans. Rather, the business is allowed to grow organically. The risk of …