Sunday, October 12, 2014

Crowdfunding: Sports!

There are plenty of crowdfunding opportunities for film, music and design but what about sports? Luckily sites have been popping up more abundantly than ever opening up major efforts of funding within the world of sports to individuals and organizations. Crowdfunding at its most basic level, is the practice of funding a project or venture by raising monetary contributions from a large number of people, typically via the internet. When in the midst of a global recession, with many brands suffering and most marketing budgets slashed, sponsorship and funding for sports can be extremely hard to come by and even when some is secured, it is often not quite enough. In my eyes, the most beneficial crowdfunding options in the sports industry come from the athletes themselves.  Like musicians, artists, and entrepreneurs, competitive athletes have big dreams. Unfortunately, they lack the necessary funding and sponsorships to help realize their intriguing, passionate goals. That is when crowdfunding comes into play. After some research I was able to come up with some websites that are excellent for funding athletes and teams. They are: Rallyme, DreamFuel, Pursuit, SportFunder, MakeaChamp, and Athlete.com. All of these sites were inspired in either the U.S or other outside countries to help athletes raise money for either themselves and teams to fund projects on campaigns relating to their sports. This all raises awareness and is good practice in the efforts of maintaining good relationships and strong support from outsiders. So go fund an athlete or team today and support local sports!

No comments:

Post a Comment