Presented to Springboard Innovation's Revisioning Value Conference, March 7-8, 2011. Thanks to all of you - you made the session really fun!

1. MICROPHILANTHROPY,
CROWDFUNDING &
START-UP:
The Beginning of
Connected Capital?
WHO’S HERE? PAUL OSTERLUND (ABUNDANCE
FARMING), JOSH TETRICK (33 NEEDS),
KRISTIN WOLFF (THINKERS+DOERS) & YOU

4.  Crowdfunding:
The
collec2ve
coopera2on,
a7en2on
and
trust
by
people
who
network
and
pool
their
money
and
other
resources
together,
usually
via
the
Internet,
to
support
efforts
ini2ated
by
other
people
or
organiza2ons.
“Crowdfunding is a collaborative funding model; many people give smaller
amounts of money to make big things happen.“ Slava, IndieGoGo

5. Source:
h7p://
www.smartermoney.nl/?
p=35#plaIorms

7. =
Fund
my
business
=
Fund
my
crea2ve
project
=
Fund
my
social
venture

8. =
Fund
my
personal
cause
=
Fund
my
personal
project
or
ac2vity
=
Fund
my
need

11.  $80M
pledged
to
date
($35M
on
Kickstarter)
(Source:
@RobertAndrews,
Jan
2011)
 Pulls
new
funders
into
market
 Fills
a
gap
in
investment
market
(under
$10K)
 Creates
rela2onships
between
investees
+
investors,
and
investees
and
each
other
(but
also
creates
challenges)
 Leverages
‘alterna2ve
currencies’
 “Jury
is
out”

12. Josh Tetrick: 33 Needs

13.  WHY 33 NEEDS?
 WHAT DO GOOD PROJECTS DO THAT
HELPS THEM SUCCEED?
 WHAT DOES “SELFLESSNESS IS
PROFITABLE” MEAN?
 STATE OF CROWDFUNDING?
 ADVICE TO ASPIRING PROJECTS,
ENTREPRENEURS, INNOVATORS?

14.  Springboard Innovation began CXc on-line seed-funding for social innovators in April ’09.
 Designed to enable a new breed of citizen social innovators; providing start-up funds for
new and proven social ventures, from ‘investors in sustainable change’ @ $5 per share.
 Funding financially sustainable social enterprises; nonprofits with a plan for self-sufficiency.
 Infrastructure supporting the 5th Space:
Mission
Money
NON-­‐PROFITS
BUSINESS
Social
CommunicaEon
Entrepreneurial
InformaEon
Influence
Research
Ventures
GOVERNMENT
ACADEMIA
Knowledge
Benefit
Many

15. www.thechangexchange.org/
 CXc soon to release new engineering, images, profiles for listers…new funding partners.
 CXc invites listers to apply - new start-up ventures, those replicating successful models,
and established non-profits adding a sustaining strategy…and now B-corporations.
 Submit your profile summary
 Review CXc legal agreement
 Q & A / discussion…
Contacts:
paul@springboardinnovation.org
amy@springboardinnovation.org

16.  http://www.npr.org/blogs/therecord/
2011/03/02/134194007/crowdfunding-cuts-out-most-of-
the-middlemen
 http://destinationdiy.org/episodes/episode33.html
 http://mashable.com/2009/07/29/crowdfunding-
success/
 http://www.blackweb20.com/2011/03/02/
crowdfunding-an-alternative-for-minority-startups/
 http://gigaom.com/2011/02/18/kickstarter-crowd-
funding-hits-1m-a-week/
 http://www.readwriteweb.com/archives/
can_we_crowdfund_our_lives.php

17. Flickr Friends: Money (epSos.de);
Shadow portrait (humber15); the rest are
mine.
Follow REVV2011 or use #REVV201 on Twitter to share comments.

18.  “Inchvesting” in Loveland
 http://buyaframe.lemonadedetroit.com/
 Alan Rosenblith’s Symbionomics Film
 Jean Russell’s Thrivability Project
 Mr. T’s Classroom in Talent, OR