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Welcome
Crowdfunding 101:
What It Is
How You Can Benefit
& Tips for Getting Started
Agenda
Industry Update
Dashboard
Speakers
Q&A
Follow-Up
3
Suzanne Paschall
Editor in Chief, Indie Ink Publishing
Presenter
What is Crowdfunding?
ā€¢ What it ISNā€™T:
ā€“ crowdSOURCING
ā€“ Only ā€˜donationsā€™
ā€“ EASY
ā€“ Only for short-term gain
ā€“ Only for financial gain
ā€“ Only for business
What is Crowdfunding?
What is Crowdfunding?
Examples of Who CF Can Helpā€¦
Crowdfunding is ideal when youā€™reā€¦
ā€¢Entrepreneur
ā€¢Community organization
ā€¢Individual artist/inventor
ā€¢Charity
ā€¢An individual seeking support for a personal
venture
Types of Crowdfunding: Charitable
ā€¢ Registered charities
ā€¢ Broader reach
ā€¢ Ease of show & tell
ā€¢ Transparency
ā€¢ Donation targeting
ā€¢ Tax receipting
ā€¢ Low administrative fees
Saskatchewan Charitable
Campaign Example: SES
ā€¢ Production of video on
tar sands development
in Saskatchewan
ā€¢ Touring costs for 4
northern community
presentations
ā€¢ Raised $5K
ā€¢ Found corporate
sponsor
Types of Crowdfunding:
Community
Empowering
More timely
Families can reach out in
crisis
Community Campaign Example:
Scadding Court Community Centre
Community Campaign Example:
Scadding Court Community Centre
Success Components of Campaign
ā€¢ Phases/Steps
ā€¢ Creative/various rewards
ā€¢ Includes content/creative
crowdsourcing (design)
ā€¢ Engages: voting!
ā€¢ Builds for long-term buy-
in: usage!
ā€¢ Creates buzz &
EXPECTATION
ā€¢ Promo for business
Types of Crowdfunding:
Rewards-Based
ā€¢ Create products/services to pre-sell
ā€¢ Fulfill after the campaign is over
ā€¢ Cash flow management strategy
ā€¢ Risk mitigation strategy
ā€¢ Fan engagement
ā€¢ Building marketing buzz
Saskatchewan Rewards-Based
Campaign: New Rockstar
http://igg.me/at/newrockstar
Rockstar Resultsā€¦
ā€¢ Exceeded Goal
ā€¢ Eliminated our up-front
cash flow/risk issues
ā€¢ Built buzz for launch
ā€¢ Built email list
ā€¢ Created new
products/services
ā€¢ Post-campaign
advertising
ā€¢ Media interest
Types of Crowdfunding:
Equity-Based
ā€¢ Has up to recently been illegal in Canada & US
ā€¢ US JOBS Act legislation (1/13) making legal in US
ā€¢ Legislation in Ontario/Saskatchewan this summer
making some forms legal
ā€¢ Will allow individuals to invest in companies, with
some limitations
ā€¢ Will allow companies to offer investment options,
with limitations
ā€¢ Huge growth area in CF
Campaign Promo:
Using Social Media
Top 10 Lessons Learned orā€¦
Things I Wish Someone Had Told
Me Before My First Campaign
1. PICK PLATFORM CAREFULLY
2. REALLY PLAN
3. HAVE LAUNCH EVENT
4. GET ADVANCE $
5. ENGAGE CORE (and I donā€™t mean abs)
6. DO REGULAR VIDEO UPDATES
7. TAG YOUā€™RE IT!
8. SET GOAL CAREFULLY
9. SET CAMPAIGN LENGTH CAREFULLY
10. REWARDS VARIETY
Crowdfunding Info Resources
GENERAL
ā€¢National Crowdfunding Asssociation of Canada www.ncfacanada.org
ā€¢Indiegogo (crowdfunding portal platform) www.indiegogo.com
ā€¢Kickstarter (crowdfunding portal platform) www.kickstarter.com
EQUITY CROWDFUNDING
ā€¢FCAA ā€“ Saskatchewan Equity CF White Paper
ā€¢Ontario Securities Commission White Paper
ā€¢US Equity CF Article
ā€¢http://www.inc.com/articles/201112/why-the-crowdfunding-legislation-is-good-for-
startups.html
VERTICAL PORTAL EXAMPLES
ā€¢See the entire current list at the NCFA Canadian Crowdfunding Director
Q&A
Please send your questions via the Chat or
Question widget on your dashboard.
Contact Info
Suzanne Paschall
Indie Ink Publishing & Story, Incorporated
www.indieinkpublishing.com
www.storyincorporated.com
Email: suzanne@indieinkpublishing.com
Ph: 1-888-438-1343
Stay in Touch
Thank you for joining us!
Verona Thibault
President, SEDA
@saskecdevassoc
@growourregion
verona.thibault@seda.sk.ca
306-384-5817

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Crowdfunding 101: What It Is and Where To Start

  • 1. Welcome Crowdfunding 101: What It Is How You Can Benefit & Tips for Getting Started
  • 3. 3 Suzanne Paschall Editor in Chief, Indie Ink Publishing Presenter
  • 4. What is Crowdfunding? ā€¢ What it ISNā€™T: ā€“ crowdSOURCING ā€“ Only ā€˜donationsā€™ ā€“ EASY ā€“ Only for short-term gain ā€“ Only for financial gain ā€“ Only for business
  • 7. Examples of Who CF Can Helpā€¦ Crowdfunding is ideal when youā€™reā€¦ ā€¢Entrepreneur ā€¢Community organization ā€¢Individual artist/inventor ā€¢Charity ā€¢An individual seeking support for a personal venture
  • 8. Types of Crowdfunding: Charitable ā€¢ Registered charities ā€¢ Broader reach ā€¢ Ease of show & tell ā€¢ Transparency ā€¢ Donation targeting ā€¢ Tax receipting ā€¢ Low administrative fees
  • 9. Saskatchewan Charitable Campaign Example: SES ā€¢ Production of video on tar sands development in Saskatchewan ā€¢ Touring costs for 4 northern community presentations ā€¢ Raised $5K ā€¢ Found corporate sponsor
  • 10. Types of Crowdfunding: Community Empowering More timely Families can reach out in crisis
  • 11. Community Campaign Example: Scadding Court Community Centre
  • 12. Community Campaign Example: Scadding Court Community Centre
  • 13. Success Components of Campaign ā€¢ Phases/Steps ā€¢ Creative/various rewards ā€¢ Includes content/creative crowdsourcing (design) ā€¢ Engages: voting! ā€¢ Builds for long-term buy- in: usage! ā€¢ Creates buzz & EXPECTATION ā€¢ Promo for business
  • 14. Types of Crowdfunding: Rewards-Based ā€¢ Create products/services to pre-sell ā€¢ Fulfill after the campaign is over ā€¢ Cash flow management strategy ā€¢ Risk mitigation strategy ā€¢ Fan engagement ā€¢ Building marketing buzz
  • 15. Saskatchewan Rewards-Based Campaign: New Rockstar http://igg.me/at/newrockstar
  • 16. Rockstar Resultsā€¦ ā€¢ Exceeded Goal ā€¢ Eliminated our up-front cash flow/risk issues ā€¢ Built buzz for launch ā€¢ Built email list ā€¢ Created new products/services ā€¢ Post-campaign advertising ā€¢ Media interest
  • 17. Types of Crowdfunding: Equity-Based ā€¢ Has up to recently been illegal in Canada & US ā€¢ US JOBS Act legislation (1/13) making legal in US ā€¢ Legislation in Ontario/Saskatchewan this summer making some forms legal ā€¢ Will allow individuals to invest in companies, with some limitations ā€¢ Will allow companies to offer investment options, with limitations ā€¢ Huge growth area in CF
  • 19. Top 10 Lessons Learned orā€¦ Things I Wish Someone Had Told Me Before My First Campaign 1. PICK PLATFORM CAREFULLY 2. REALLY PLAN 3. HAVE LAUNCH EVENT 4. GET ADVANCE $ 5. ENGAGE CORE (and I donā€™t mean abs) 6. DO REGULAR VIDEO UPDATES 7. TAG YOUā€™RE IT! 8. SET GOAL CAREFULLY 9. SET CAMPAIGN LENGTH CAREFULLY 10. REWARDS VARIETY
  • 20. Crowdfunding Info Resources GENERAL ā€¢National Crowdfunding Asssociation of Canada www.ncfacanada.org ā€¢Indiegogo (crowdfunding portal platform) www.indiegogo.com ā€¢Kickstarter (crowdfunding portal platform) www.kickstarter.com EQUITY CROWDFUNDING ā€¢FCAA ā€“ Saskatchewan Equity CF White Paper ā€¢Ontario Securities Commission White Paper ā€¢US Equity CF Article ā€¢http://www.inc.com/articles/201112/why-the-crowdfunding-legislation-is-good-for- startups.html VERTICAL PORTAL EXAMPLES ā€¢See the entire current list at the NCFA Canadian Crowdfunding Director
  • 21. Q&A Please send your questions via the Chat or Question widget on your dashboard.
  • 22. Contact Info Suzanne Paschall Indie Ink Publishing & Story, Incorporated www.indieinkpublishing.com www.storyincorporated.com Email: suzanne@indieinkpublishing.com Ph: 1-888-438-1343
  • 23. Stay in Touch Thank you for joining us! Verona Thibault President, SEDA @saskecdevassoc @growourregion verona.thibault@seda.sk.ca 306-384-5817