Starting up and expanding with crowdfunding

Starting up and expanding with crowdfunding

At a time when financing is increasingly challenging, crowdfunding offers a powerful solution. That is why GrowthFundMe, an Erasmus+ project coordinated by Odisee University of Applied Sciences, has created an innovative platform for entrepreneurs to learn about and experiment with crowdfunding.

What makes GrowthFundMe unique?

GrowthFundMe's platform helps entrepreneurs develop crucial soft and hard skills, such as communication but also technical skills, specifically for crowdfunding. Through online modules, entrepreneurs learn to launch their projects, which is especially valuable for startups and SMEs without ample networks.

How does GrowthFundMe work?

The free platform targets SMEs and startups with limited access to traditional funding. Entrepreneurs gain access to the tools they need to design campaigns, and with feedback from experts, they can target potential investors more effectively. With training modules and a user-friendly interface,
entrepreneurs can prepare for their campaign in an approachable way.

Opportunities for startups

For startups and SMEs, the platform is particularly valuable because it can offer them not only funding, but also the tools to communicate effectively and build trust. Unlike traditional loans or investments, crowdfunding allows SMEs and startups to immediately gauge support within their community. By activating its network, an SME can test market demand and interest while increasing its visibility.

The power of community engagement

GrowthFundMe promotes collaboration between entrepreneurs and local communities. This is an asset for SMEs and startups that operate primarily regionally. By raising public funds, they can promote their products or services while creating engagement, which is a strong foundation for lasting customer relationships. By developing both technical and communication skills, the project also contributes to social inclusion and employability. In a broader context, this helps entrepreneurs create opportunities within their own communities and maximize growth potential.

For SMEs seeking alternative sources of funding while strengthening their skills, GrowthFundMe offers a comprehensive solution. With targeted support, training and a community-driven approach, GrowthFundMe is a platform that perfectly meets the needs of entrepreneurs looking to grow their businesses without relying on traditional financing.

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Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union (EU). Neither the European Union nor EACEA can be held responsible for them. 

Reference No: 2022-1-BE02-KA220-ADU-000087527

GrowthFundMe is an open educational and crowdfunding platform created within the frame of a transnational project supported by the Erasmus + Programme of the European Union.

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