Why Students Are Taking Over Kickstarter – Online Business Degree

Launching a pitch on Kickstarter might be your best shot at getting funded. The site accepts and posts 75% of applicant ideas. And nearly half of these end up raising enough pledges to receive full funding. This is ideal for students and recent graduates with fresh ideas but low budgets. With project backers giving as little as $20 to projects, the incentives and interests of investors on Kickstarter are also younger and newer than anyplace else. The crowdfunding site and others like it is changing the way that small creative projects, startups and products are launched. Of the 28,000 projects successfully funded on the site in the past four years, the average funding goals were low—under $5,000. So, if you’ve got an idea for a new food truck, solo album or an app, consider testing it out on tens of thousands of Kickstarter fans.

via Why Students Are Taking Over Kickstarter – Online Business Degree.

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