{"id":1741,"date":"2019-09-20T22:05:29","date_gmt":"2019-09-20T22:05:29","guid":{"rendered":"https:\/\/www.grantnews.com\/?p=1663"},"modified":"2022-11-23T09:09:55","modified_gmt":"2022-11-23T14:09:55","slug":"more-people-are-raising-money-for-their-causes-and-ideas","status":"publish","type":"post","link":"https:\/\/www.grantwatch.com\/grantnews\/more-people-are-raising-money-for-their-causes-and-ideas\/","title":{"rendered":"Crowdfunding? What does that mean?"},"content":{"rendered":"\n<p>If you&#8217;ve been roaming around the internet in the last few years, whether it&#8217;s on Facebook, or on Twitter, you might have heard of the term crowdfunding. To many crowdfunding is a movement. It is THE movement of the 21st century when it comes to raising funds for any one specific purpose. More and more people are raising money for their causes and ideas through crowdfunding. The crowdfunding community is growing at a massively rapid speed every year and has no signs of stopping. According to Cision PR Newswire, the <a aria-label=\"global crowdfunding market  (opens in a new tab)\" href=\"https:\/\/www.grantnews.com\/category\/business\/\" target=\"_blank\" rel=\"noreferrer noopener\">global crowdfunding market <\/a>was valued at 10.2 billion US dollars in 2018. It is expected to grow 16% year over year all the way through the year 2025.<\/p>\n\n\n\n<p>Let&#8217;s bring it back to the basics. What is crowdfunding? Crowdfunding is when a person presents their idea or cause on a website, and other people can invest\/donate their money towards the campaign should they see fit. Crowdfunding isn\u2019t only for ideas. People create crowdfunding campaigns for many reasons. They crowdfund for a new baseball field for low-income families, or to make wishes come true like to send a special needs family to Disney.<\/p>\n\n\n\n<figure class=\"wp-block-image\" datatext=\"\"><img decoding=\"async\" src=\"https:\/\/www.grantnews.com\/wp-content\/uploads\/2019\/09\/money-1.jpg\" alt=\"crowdfunding, donations, nonprofit\" class=\"wp-image-1665\"\/><\/figure>\n\n\n\n<p>The crowdfunding market is split into 3 general sections: Reward-based Crowdfunding, Equity Crowdfunding, and Donation and Other.<\/p>\n\n\n\n<p>Crowdfunding is growing in popularity because it is an excellent alternative to traditional means of raising funds, such as bank loans and credit cards. Not only are you raising money with crowdfunding, if you have a business idea, you are also promoting your business and growing a potential customer base.<\/p>\n\n\n\n<p>Crowdfunding is going to continue to grow for many years to come. It\u2019s going to become more personal and easy to use<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you&#8217;ve been roaming around the internet in the last few years, whether it&#8217;s on Facebook, or on Twitter, you<\/p>\n","protected":false},"author":16,"featured_media":1545,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sb_is_suggestion_mode":false,"_sb_show_suggestion_boards":false,"_sb_suggestion_history":"","_sb_update_block_changes":"","_is_real_time_mode":false,"_realtime_collaborators":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[104,124],"tags":[],"class_list":["post-1741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archived-posts","category-community"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>More people are raising money for their causes and ideas<\/title>\n<meta name=\"description\" content=\"More people are raising money for their causes and ideas through crowdfunding. The crowdfunding market is growing at a massively rapid speed every year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.grantwatch.com\/grantnews\/more-people-are-raising-money-for-their-causes-and-ideas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More people are raising money for their causes and ideas\" \/>\n<meta property=\"og:description\" content=\"More people are raising money for their causes and ideas through crowdfunding. The crowdfunding market is growing at a massively rapid speed every year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.grantwatch.com\/grantnews\/more-people-are-raising-money-for-their-causes-and-ideas\/\" \/>\n<meta property=\"og:site_name\" content=\"GrantNews\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/pages\/GrantWatch\/162625900556850\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-20T22:05:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-23T14:09:55+00:00\" \/>\n<meta name=\"author\" content=\"grantnews\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@grantwatch\" \/>\n<meta name=\"twitter:site\" content=\"@grantwatch\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"grantnews\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.grantwatch.com\/grantnews\/more-people-are-raising-money-for-their-causes-and-ideas\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.grantwatch.com\/grantnews\/more-people-are-raising-money-for-their-causes-and-ideas\/\"},\"author\":{\"name\":\"grantnews\",\"@id\":\"https:\/\/www.grantwatch.com\/grantnews\/#\/schema\/person\/3027d2f27d35e98a6a1bee7effb7cdde\"},\"headline\":\"Crowdfunding? 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You found a grant and written your proposal! You've submitted your application. You're finished. Now, you wait. And the question everyone wants to know is, how long does it take for your grant to be approved? The team at GrantWatch has some information\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.grantwatch.com\/grantnews\/general\/"},"img":{"alt_text":"How Long Does It Take for Your Grant to Be Approved?","src":"https:\/\/i0.wp.com\/www.grantwatch.com\/grantnews\/wp-content\/uploads\/2025\/01\/15_img.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.grantwatch.com\/grantnews\/wp-content\/uploads\/2025\/01\/15_img.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.grantwatch.com\/grantnews\/wp-content\/uploads\/2025\/01\/15_img.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.grantwatch.com\/grantnews\/wp-content\/uploads\/2025\/01\/15_img.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":980,"url":"https:\/\/www.grantwatch.com\/grantnews\/what-do-nonprofits-do-with-an-unfunded-grant-proposal\/","url_meta":{"origin":1741,"position":5},"title":"What Do Nonprofits Do With An Unfunded Grant Proposal?","author":"Libby Hikind","date":"September 17, 2018","format":false,"excerpt":"A rejected grant proposal is a real bummer, but it happens. \u00a0Competition is steep and even great proposals can be rejected. \u00a0You did all that work: the planning, the budget, the research, and your entire board is onboard for the new project. \u00a0So what do you do? 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