The team at Extreme Crowdfunding Bootcamp kicks off another hands-on 2-day training in support of
entrepreneurship among Toronto artists, startups, small businesses,
inventors, makers and authors.
TORONTO, Nov. 23, 2013 /CNW/ - Crowdfunding has become an effective
solution when looking for the funds needed to launch projects centred
around creativity, innovation, entrepreneurship, and social causes. In
spite of its ease of access, success on a crowdfunding campaign is not
as simple as one would think. The evidence is clear from a recent
Forbes article noting the 56% failure rate of campaigns on Kickstarter (source) and 80% failure rate on Indiegogo (source), the two most prominent reward-based crowdfunding platforms in the
The implementation of a crowdfunding campaign, no matter the size, can
be a huge undertaking. Creating a campaign page and pitch video that
fulfills a need or captures the imagination of potential backers is the
first of many hurdles. Extreme Crowdfunding Bootcamp Toronto hopes to bridge the knowledge gap and educate crowdfunders with a
proven workshop they currently deliver at INcubes, a leading
accelerator for internet start-ups.
"We provide a hands-on, intensive session with a money-back guarantee,"
says KC Harry, Co-founder of Extreme Crowdfunding Bootcamp Toronto.
The bootcamp allows participants to learn and immediately apply their
knowledge on a crowdfunding campaign they are currently working on,"
As an example, feedback and results from recent participants demonstrates the reward-based crowdfunding success factors, including:
Social Proof: Knowing who has backed a campaign through the various
social media platforms can help influence pledging decisions by others.
Validation: Being successful on a campaign is a form of validation for
the product, service, or cause.
Engagement: People who pledge to a crowdfunding campaign can be
champions to attract additional pledges.
Momentum: Securing pledges in the first 3-5 days of an active campaign,
through implementation of a pre-launch event, can ignite the campaign's
momentum and attract more attention from potential backers.
A new Extreme Crowdfunding Bootcamp Toronto session is planned for
November 30 - December 1, 2013. Interested parties are invited to
register using EventBrite at http://crowdfundbootcamp.eventbrite.ca.
Extreme Crowdfunding Bootcamp warmly acknowledges its Toronto event
sponsor: INcubes, http://incubes.ca/. Sponsorship inquiries from other organization are invited and welcome.
About Extreme Crowdfunding Bootcamp Toronto
Create a professional crowdfunding campaign in two days! Extreme
Crowdfunding Bootcamp Toronto is an offering of The Crowdfunding
Source, which launched in 2013. They provide intensive, hands-on
crowdfunding training and believes that every individual, entrepreneur
and not for profit organization should have the right tools and the
right preparation to be successful when running a crowdfunding
campaign. We help people and companies get their projects funded
through crowdfunding education and training.
SOURCE: The Crowdfunding Source, http://www.thecrowdfundingsource.org
For further information:
For further information or for media / press pass access on December 1, 2013, from12:00 noon to 2:00 p.m.
KC Harry, Co-Founder, Extreme Crowdfunding Bootcamp, The Crowdfunding Source