How Nordstarter works
Finding funding for creative projects or supporting initiatives you like. Nordstarter is unbureaucratic and enables project starters to concentrate on the realisation of their project.
Installing a project
- (Project) Starters register on nordstarter.org
- Describe their project idea and illustrate it with social media
- Declare the required budget
- Set a funding deadline
- Define alternated levels of "presents" handed out in exchange to different funding amounts
- Activates project for the "starting phase" to find enough fans to enter the "funding phase" where the project can be financed.
- Happens automatically on nordstarter.org
- Widgets for social networks like Facebook
- Apps for mobile devices
- Integrate crowdfunding in your own homepage
- Supporters choose a funding amount
- Choose a method of payment
- Allocate money on a project
- Tell all their friends about it
Receiving dispersed money and obtaining Thankyous
- Starters receive the dispersed money when the funding goal is reached within the deadline. Excess funding is possible.
- Starters reward the Supporters by sending them the chosen "present".
- If the supported project does not reach its funding goal within time, the complete amount of money will be returned to each Supporter.
- In this case there are no risks and no costs for project Starters and Supporters.