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Funding for your ideas, interests, and ambitions is in your hands!
Events, Sports, Tech, Science, Community, Theatre, Art & more.
Crowdfunding is when a project or a cause is funded by a large number of people each contributing a small amount of money. Most people donate to project areas that interest or excite them, causes that they believe in, or to support people they care about.
The people who support your projects will be individuals such as your friends, colleagues, and family members. Alumni and Supporters of the University also often engage with student led projects, and occasionally; complete strangers with a particular interest will choose to support you!
The important thing to remember is that the number of people your project reaches is in your hands!
Yes! There is no limit to how much you can raise and it is common for projects to raise more than their minimum target, and sometimes more than their ultimate funding target!
When you publish your idea or event, we call it a project. For your idea to become a project, you must have a clear goal and be able to explain what you will be doing with the money you raise, and the impact and benefits it will have for your group, the University, or the wider community.
When you set up a project, we will ask you for two amounts - the minimum amount you need to make your project a success, and your ultimate funding target for maximum impact and benefit.
With all-or-nothing funding; the money that people have donated will only change hands if a project has reached its minimum target at the time of its end date. This means you only need to carry out your project and deliver rewards if you achieve this minimum target.
We recommend setting the minimum target at the smallest amount you will need to be able to complete your project and successfully deliver your rewards. You will still set an ultimate project target as well, and most projects do receive considerably more than their minimum!
Here at Reading FundSpace we want to make sure that you receive every penny of the funds you have worked hard to raise. We cover the costs of the platform, as well as any payment processing fees, so that all you need to worry about is making sure you deliver your rewards in a timely and efficient fashion!