Crowdsourced funding for the arts | updated
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In the face of the financial crisis and funding cuts for the arts, new initiatives are springing up around the world to crowd source funding for creative projects. Check out some of these new models - and tell us about the ones we missed!
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http://vimeo.com/18526764
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The UK arts funding initiative WeDidThis was launched in March 2011 as a space for arts organisations to bring their audiences and supporters together to form a 'critical mass' of funders of the arts. By rewarding every donation (however small) with a personalised gift that brings audiences and supporters closer to the creative process, WeDidThis believes arts organisations can become more open, and more resilient. In 2011 it aims to launch over 50 arts projects into the WeDidThis marketplace, from grassroots 'crowdsourced' artists and organisations to prestigious productions from larger arts and cultural institutions.
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Also in France there's the successful KissKissBankBank which does just what it says (in French, bien sur!) and a new arrival Mutuzz, which is specifically aimed at artists with digital projects.
![](https://culture360.asef.org/wp-content/blogs.dir/1/files/2011/09/kisskissbankbank.png)
The huge UK-based charitable giving project The Big Give has a different profile as it focuses on many types of projects run by organisations registered as charities. There is a huge range of donation opportunities on the site, particularly in the arts and cultural fields, both from the UK and around
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And check out fansnextdoor, a European crowd funding initiative running since 2010 described as a platform for all creatives to promote and fund their projects together with their fans. This is an interesting collaborative project which emerged from a group from France, India and the Philippines who met at the University of Luxembourg and decided to set up fansnextdoor.
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Culture360 has also featured Cinema Reloaded, a crowdsource funding site based in the Netherlands to find co-producers for international film project. There are several crowd funding initiatives in the film field.
Many such projects have been inspired by the success of Kickstarter, the largest funding platform for creative projects in the world. Based in the US, Kickstarter features projects from around the world as does the ever popular and inventive IndieGoGo ("Helping people create campaigns and fund events since 2008").
Read this article about crowdfunding arts and culture in Korea.
Want to know more about how it works? Read this study from researchers at Louvain University in Belgium: 'An Empirical Analysis of Crowdfunding'.
Culture360 would love to hear about crowd funding initiatives in other countries of Europe and Asia - post a comment and inform our community of users!
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