Niche crowdfunding portals allow groups to affect change in their communities.
CALGARY, Jan. 16, 2014 /CNW/ - Katipult, a white-label crowdfunding software provider is making available its donations and rewards based crowdfunding software for no setup cost until February 1st, 2014. The proprietary software allows organizations to leverage the power of crowdfunding for their fundraising efforts, while maintaining corporate brand and messaging.
Organizations from across the globe have taken advantage of the white-label solution since 2012 with many experiencing massive success. InvestYYC, a legacy platform of Calgary 2012 created with the Alberta Foundation for the Arts and ATB Financial, launched in late 2012 and is now administered by Calgary Arts Development.
In a city dominated by Oil and Gas, platforms like InvestYYC have proven that with passion and the right tools, anything is possible. Emiko Muraki, Director of Impact & Engagement at Calgary Arts Development states, "InvestYYC has provided Calgary-based artists and arts organizations a tool to raise funds, find volunteers and develop a tribe of supporters." Commenting on the success of InvestYYC, Emiko says "To date, the platform has raised over $650,000 in support of 45 local artistic projects and arts-specific flood recovery efforts. More importantly, the site has attracted close to 2000 donors who now have a direct and personal connection with arts projects they are passionate about."
Crowdfunding is the raising of funds through the collection of small contributions from the general public (known as the crowd) using the Internet and social media. Crowdfunding has its origins in the concept of crowdsourcing, which is the broader concept of an individual reaching a goal by receiving and leveraging small contributions from many parties.
"We developed Katipult in response to a profound need for organizations to bring like-minded people together, effectively raise funds all while providing project administrators with the tools for maximum reach. Platform owners are utilizing our software to really make a difference in their communities. Our objective is to work with community leaders and help to positively impact as many people as possible." - Hafiz Mitha, Katipult co-founder and COO.
A product of JOI Media, based in Calgary AB Canada, Katipult is a global leader in providing a white-label crowdfunding solution. Katipult is a founding sponsor of the National Crowdfunding Association of Canada, Canada's crowdfunding advocate.
SOURCE: National Crowdfunding Association of Canada (NCFA Canada)
For further information: Hafiz Mitha, COO, Katipult, [email protected], 403-457-8008