Proposal Pack / All Templates / Financial - Crowdsourcing

Writing the Crowdsourcing document

Use this template to describe how you propose to use crowdsourcing to obtain funding or other resources for project instead of traditional approaches such as securing funding from single investor or lender. Crowdsourcing is typically defined as calling upon large masses of people to provide information ideas or funding for project. Introduce the concept of crowdsourcing here and define the term for your audience. Then explain why using crowdsourcing is desirable for your project. For example would it allow you to more easily receive the funds you need or would it help you build market for your products or services. Be sure to explain how you will contact and receive input or funding from the "crowd " and explain what you plan to give each participant in return. Then list below the steps you plan to follow to use crowdsourcing for your project. . Crowdsourcing Task #1 e. g. "Post our project online and use social media to promote it" Describe any important details here such as how or when this will be accomplished who is responsible and what effect it will have on the process. . Crowdsourcing Task #2 Describe any important details here such as how or when this will be accomplished who is responsible and what effect it will have on the process. . Crowdsourcing Task #3 Describe any important details here such as how or when this will be accomplished who is responsible and what effect it will have on the process.

. Crowdsourcing Task #4 Describe any important details here such as how or when this will be accomplished who is responsible and what effect it will have on the process. Summary Summarize how you will analyze the results of your crowdsourcing efforts and if appropriate describe the next steps you will take.