Looking for Investment – Forget Dragons Den

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Budding entrepreneur, inventor, artist, filmmaker or designer? Forget Dragons Den! Kickstarter is a new way to fund creative projects; they work on the principle of all-or-nothing funding. Projects must be communicated well, preferably via video on the kickstarter website. If backers like the project they can choose to invest. If and only if a threshold is achieved the project creator receives the investment. For full details how it works click here.

Let’s look at the Kickstarter stats for 2011:

  • Launched Projects: 27,086
  • Successful Projects: 11,836
  • Dollars Pledged: $99,344,382
  • Rewards Selected: 1,150,461
  • Total Visitors: 30,590,342
  • Project Success Rate: 46%

Definitely worth a look, if you are looking for investment or if you want to see what up and coming inventors are coming up with for 2012.

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3 Responses to “Looking for Investment – Forget Dragons Den”

  1. Roy

    It’s a great site for US citizens, but it is limited to them :

    “Am I eligible to start a Kickstarter project?

    To be eligible to start a Kickstarter project, you need to satisfy the requirements of Amazon Payments:

    Be a permanent US resident and at least 18 years of age with a Social Security Number (or EIN), a US bank account, US address, US state-issued ID (driver’s license), and major US credit or debit card.

    Projects must also follow the Kickstarter guidelines.

    A better alternative for UK residents is http://www.indiegogo.com/

  2. Michael

    Roy, thanks very much for the tip. We only came across this site this morning as a matter of fact, but it looks really good. There is another variation on the concept called http://getitmade.com/ but they don’t seem to be following there own advice. It hasn’t changed in the past year or so. http://www.indiegogo.com/ seems the place to go from the UK.


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