Kickstarter – projects looking for a little help in St. PaulPosted: April 13, 2011
Do you know about Kickstarter? It’s a creative micro-finance program for all kinds of projects.
I came across this yesterday while snooping around for fun things to do in Santa Fe, New Mexico. With the St. Paul Sidewalk Poetry contest coming to a conclusion on April 17, poetry has been on my mind, and this concept for a road side attraction twitched my imagination. Can you see it at the top of Ramsey Hill? While revving in neutral at a 30 degree incline while in line at the stop sign?
Kickstarter offers people a place to make a plea for financing their projects, and encourages very creative attempts at persuading funders. Videos are recommended. Premiums for donating are offered for most pledges – the magnitude of reward in geometric proportions to the size of the pledge. Here are some examples.
You get the drift. The website makes for an interesting hour or more of reading, and is a great editorial on the creative juices flowing in this country.
An interesting “kicker” is that if the project does not reach its full funding needs, your pledge to the project is never realized. So you can give a project a moral boost, while waiting for it to reach its goal. When it reaches the funding goal, the funds you have committed are withdrawn.
Here are the projects vying for funding in St. Paul this week. After reading the descriptions and watching the videos, I will definitely be making a pledge to help out. It provides a more immediate pleasure to help out a struggling artist with a face and a personal message, or even an established artist making a creative plea, than to be one of thousands of donors to a large institution. $50 just seems to stretch a lot further with Kickstarter.