April 21st, 2017
Canada 3rd highest contributing country as Kickstarter passes $1B
TORONTO – Crowdfunding site Kickstarter said Monday that it passed $1 billion in pledges with backing from 5.7 million people.
Canada’s $44,913,678 worth of support was the third highest amount after the U.S. ($663,316,496) and the U.K. ($54,427,475).
The online fundraising campaign has attracted donors from 224 countries and territories across all seven continents, with project owners offering rewards or special experiences in exchange for the money to bring their work to life.
The New York-based site debuted in Canada last September after its initial launch April 28, 2009. Kickstarter joined other sites like Indiegogo that already had a strong presence north of the border.
Crowdfunding has become a tool for tech startups and also more traditional businesses that may have trouble getting bank or government grant financing.
The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada crowdfunding hub providing education, advocacy and networking opportunities in the rapidly evolving crowdfunding industry. NCFA Canada is a community-based, membership-driven entity that was formed at the grass roots level to fill a national need in the market place. Join our growing network of industry stakeholders, fundraisers and investors. Increase your organization’s profile and gain access to a dynamic group of industry front runners. Learn more About Us | Prezi or contact us at firstname.lastname@example.org.