Fund it is FIVE!

Posted on: Tuesday, March 22nd, 2016 by fundit

Fund_it_is_5

Today, Fund it turns five years old, and we’ve brought some friends over to have a party!

For this year’s milestone celebration, we wanted to think a little harder about the journey we’ve all come on, and why we think Fund it is truly special. Because Fund it exists as a platform for all the wonderful creative minds around Ireland, we usually focus on all the great things that are made possible through their efforts, and don’t tend to bore you with talking about ourselves too much. But with the world of crowdfunding getting ever more populous, we thought a little reflection on why we do what we do was a good place to start as we look back on the past five years.

So we invited the crew from Keep Sketch, a design collective who funded their stationary range through Fund it, to design an image which celebrates what makes Fund it unique…. But they got so carried away, that they just had to make one each!

Here’s five illustrations, from five artists, highlighting the five things that make Fund it who we are today:

 

1. Shane Kenna

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Shane titled this image ‘We All Work Together’ to celebrate that Fund it is based and provides employment in Ireland and has local experts in fundraising and the cultural and creative industries who will work with you to make your project ready for go-live.

Shane Kenna is a Designer / Illustrator, living and working in Dublin, Ireland. His style of illustration focuses on a minimal use of shape and pastel colour. Shane has worked with a wide range of clients, both Irish and international, on a variety of projects including large branding work, editorial, advertising, packaging and web.
https://indigoandcloth.com
@Shane_Kenna

 

2. Dave Comiskey

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Dave’s illustration highlights that Fund it is non-profit and so charges a basic fee of 5% to support the running of the site, and 3% to cover the transaction and other costs for processing your pledges. We charge no extra costs per pledge, and no charges are made unless a project reaches its funding targets within the allotted campaign time.

Dave Comiskey draws pictures on the computer, and then colours them in, on the computer.
http://www.davecomiskey.com
@dave_comiskey

 

3. Imogen Oh

Web

Imogen shows that Fund it has one of the highest success rates for reward-based sites anywhere in the world. Our success rate has never dipped below 71%, against larger international comparator sites who range 32-46% success for their campaigns. If you know of a higher success rate for an all or nothing site, let us know!

Imogen Oh is an illustrator and typographer based in Dublin. Working independently since 2013, she has also been a frequent collaborator with designer Shane Kenna. Specialising in digital art and hand lettering, Imogen’s work focuses on flora and fauna, and employs an inherent passion for pattern-making and textile design.
http://imogenoh.com
@imogenoh

 

4. Fuchsia MacAree

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Our success rate is consolidated by the ‘Moderation’ we provide each project. No project goes live on Fund it without at least one phone conversation with a project creator to talk through the project idea, test the fundability, check the campaign and communications plan and ensure your network is primed and ready to support your idea. We love how Fuchsia captures this collaboration.

Fuchsia MacAree is a freelance illustrator living and working in Dublin. She works on commercial and personal projects, is a member of the Illustrators Guild of Ireland and tutors in Illustration in NCAD.
http://www.macaree.ie
@fuchsiamacaree

 

5. Alex Synge

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Alex’s illustration shows that because we’re Irish and based in Ireland, the funds realised for Irish creative ideas stays in Ireland. We know that c. 20% of the funds pledged to Fund it projects is coming from outside Ireland, so we’re genuinely bringing new income to the creative sector.

Alex Synge is a graphic designer and artist based between Dublin and Belfast. He specialises in design for print, web and visual identity for a wide range of clients in the cultural, commercial and academic fields. As an artist, he has exhibited work in Dublin, London, Glasgow, Milan, Skagaströnd, Boston, New York, Chicago and LA. He proudly runs collaborative illustration-project-meets-stationery-company Keep Sketch which he founded in 2010.
http://www.thefirst47.com
@thefirst47

 

All Together Now!

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We absolutely love these images from Keep Sketch and we’re so excited to share them with you all.

We want to say a huge THANK YOU to the 65,000 of you who pledged to over 1,300 projects in the past 5 years; and to our friends in Bank of Ireland, who will help us make the next five years even better. Be a part of it and submit your great idea today!

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Fund it Turned 4

Posted on: Friday, June 26th, 2015 by fundit

We want to share this fab illustration that Project Creator and friend, Loreana Rushe, created to celebrate all the fantastic projects achieved through Fund it by our 4th birthday!

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We want to say ‘THANK YOU!’ to 55,817 funders who pledged over €3 million to make 760 projects a reality in 4 years!

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Fund it Turns 4!

Posted on: Monday, March 23rd, 2015 by fundit

Can you believe it?! It feels like only yesterday we were just a little nipper, and now here we are, four years old, and starting school!  Well kind of… We celebrated the end of our 4th year by getting out to meet so many of you around the country in our Crowdfunding Clinic Series, thanks to huge support from theIrish Music Rights Organisation. And we had so much fun doing it, thanks for joining us!

We’re looking forward to seeing what you have in store for Fund it in the year to come, but let’s take a minute to celebrate all the amazing things you’ve been up to so far!

FUND_ILL_FACES_1     FUND_ILL_MONEY     FUND_ILL_NETWORK      FUND_ILL_FACES_2 

Almost 56,000 of you have pledged more than €3,125,000 to 1,090 projects. That’s an average pledge of €56!

Pie Chart     Target         FUND_ILL_IRELAND           Globe

So, with a 72% success rate, over €2,900,362 was raised by successful Irish creators from 60 countries worldwide.

THANK YOU!

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€3 Million Pledged!

Posted on: Monday, October 20th, 2014 by fundit

It’s another momentous day here in Fund it Towers, as the counter has just clocked €3,000,000 in pledges! We have just two words…. WOO HOO!

It’s been so exciting to see things develop on Fund it over the past 3.5 years, with Project Creators being more ambitious and achieving higher targets all the time. Julie Feeney (who raised €23,045 for her album ‘Clocks’) held the record for highest amount raised for quite a while, but in the last few months alone we’ve seen three projects raise over €20,000 – Atlantic, Out of Thin Air and GIY’s Grow HQ – Atlantic is the current record holder on the site with €32,079 pledged. As artists and creatives become more familiar with what their network will get excited about, crowdfunding can represent a more reliable income stream. It’s great to see crowdfunding still accelerating – each million euro milestone was reached faster than the last, and we’re confident that will continue!

We had a little chat with one of our recent Project Creators to raise over €20,000, Daragh Muldowney, to get some insight into this growth in crowdfunding in Ireland. Daragh has had two projects on the site, ‘Jewellery Box – Ireland’s Hidden Jems‘, and ‘Out of Thin Air‘.

“With crowdfunding, creative projects that may otherwise have just remained an idea, now have a platform to raise funds. I’ve found crowdfunding creates a buzz and a desire from my audience to see the projects succeed, and people feel closer to the idea and a part of the creative process. My first Fund it project for a book and exhibition ‘Jewellery Box – Ireland’s Hidden Gems’ (€12,300 raised), was so well received the exhibition travelled from Dublin, on to New York, Boston, Chicago, Atlanta, New Orleans, Berlin and Dubai. Without Fund it there would have been no books – and the books that have been printed are works of art.”

Crowdfunding continues to grow as a source of income for creatives in Ireland. Having recently launched the 1,000th project on Fund it, it’s amazing to see a whopping 94% of those projects are still coming from first-time Project Creators. At the same time, a little over half (59%) of all pledges on Fund it come from first-time Funders, meaning there’s still strong growth in the number of people wanting to be crowdfunders; but it also shows the strength of the Fund it community and how willing Funders are to return again and again to keep supporting new projects.

So for the 53,000 pledges, from Funders both returning and new, we want to say a huge THANK YOU for €3,000,000 pledged. Here’s to the next 1,000 amazing and wonderful ideas, and the next €3 million pledged!!

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We’re 3 Today!

Posted on: Saturday, March 22nd, 2014 by fundit

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We are out of the terrible twos!!! To all of you who make creative projects from Ireland happen, we want to say a huge THANK YOU for three fantastic years. Here’s to many more!

To help us celebrate, The Project Twins, who have been both Project Creators and Funders on the site, have made this fun and informative illustrated response to what’s happened in those 3 years. It shows just some of the amazing things that can happen when people come together and crowdfund.

And just in case you missed it earlier… THANK YOU from everyone at Fund it!

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Top 5 Projects of 2013

Posted on: Monday, December 30th, 2013 by fundit

2013 has been another great year here at Fund it with 209 projects successful on the site. Like any proud parent, we love all of our babies equally… but to finish the year, we thought we’d recap on the top 5 projects, which had 1,914 amazing funders from all over the globe and had over €93,000 pledged to them.

Drum roll please….

No. 5 ‘Our Union Only in Truth’ by Garrett Phelan & Temple Bar Gallery & Studios

In April, 114 people pledged €15,895 to create Garrett Phelan’s rooftop artwork ‘Our Union Only in Truth’ at Temple Bar Gallery & Studios. The work has become a landmark here in our neighbourhood of Temple Bar.  templebargallery.com

No. 4Pat Coldrick’s Second Album ‘CityJam’

Earlier in December, 202 people pledged €16,590 to help classical guitarist Pat Coldrick create his second album. Having the support he needs, Pat plans to go into the studio in January and stay there until the album is released next summer! A treat we are sure will be worth waiting for. patcoldrick.com

No. 3The Joinery

In March, 520 people pledged €18,740 to support The Joinery and the delivery of its 2013 programme. After a wonderful year, the Joinery, their funders and audience are looking forward to an exciting year in 2014. The team are busy working on rewards, including the highlights of 2013 which should be with funders in a few months time. thejoinery.org

No. 2Fight Like Apes

In May, 501 people pledged €20,687.39 to get Fight Like Apes next album out in 2014. With the album now recorded, mixed and mastered, excited fans can expect the release very soon. If you can’t wait for it, you can get a little taste of what to expect here. fightlikeapesmusic.com

No. 1‘Granby Park’ by Upstart

In July, 577 people pledged €21,926.00 to Upstart to transform ‘Granby Park’ into a city centre haven of creativity. Although the park was temporary, the creativity involved and its benefits have continued. The Upstart team continue to work on the toolkit, creating a template for others to build similar community parks in the future, so watch out for great spaces near you in 2014. upstart.ie

We can’t wait to see what 2014 has in store and from all of us here at Fund it, Happy New Year!

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38,000 pledges bring us to 2 Million euro

Posted on: Monday, September 16th, 2013 by fundit

Infographic for Fund it statistics

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Fund it’s 2nd Birthday!

Posted on: Tuesday, April 9th, 2013 by fundit

Fund it Tree

Fund it Tree by Chris Judge

Thanks to everyone for continuing to support great ideas. Two years on we’ve now seen 381 projects successfully funded by almost 27,000 pledges. We challenged one of our favourite illustrators, Chris Judge, (himself a veteran of Fund it) to help us visualise all these great stories which couldn’t have made their way into the world without YOU! From everyone here in Fund it towers, we’d like to say ‘THANK YOU’

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250 projects successful in 2012

Posted on: Thursday, January 3rd, 2013 by fundit

We thought you might like to know that in 2012, 250 projects were successfully funded on Fund it. In total over 17,200 pledges were made on the site in the 12 months. The crowd made that happen! Gives you a warm glow, doesn’t it? Go on, let’s finish the last of the Roses and Chocolate Kimberly to celebrate! YAY!

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‘Thank You’ to 18,000 people who together pledged over Eur1m in 16 months

Posted on: Tuesday, July 31st, 2012 by fundit

This morning, we sailed past €1million in pledges from over 18,000 people in just 16 months!!! Thank you to every one of you for loving creativity as much as we do. We’re celebrating by giving away lots of free pledges over the next week over on Facebook – like and/or share our posts over the next couple of days and we’ll pick people to receive €50 pledges for the project of their choice.

There’s over 35 projects live on the site right now too – so why not check them out!

*Celebrations*

The Fund it crew

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15 Months old, and flying….

Posted on: Thursday, July 5th, 2012 by fundit

Would you be surprised to hear that we’ve had almost 350 projects on Fund it already in our 15 months live?

Three out of every four of them were successfully funded, and you guys have been incredibly generous, with the average pledge to each just over €54. With crowdfunding, ever fiver counts, and given that we’ve had over 17,000 individual pledges, that adds up to lots!

In fact, in just a very few weeks, we’re likely to pass €1million in pledges! We’re well over €900k now, so watch this space!

Who will pledge that One Millionth Euro?

We’re keeping a close eye on the ticker, and will be making a fuss of the person that pledges that one millionth euro! Remember, all our projects are helping realise creative ideas. So click here and search out something that tickles you, intrigues you, or that you simply want to see, and pledge €5 or more if you spot a reward you simply must have. Remember pledges are just that – the money is not charged unless a project passes 100% of their fundraising goal, and not until their fundraising time has ended.

Festival focus

Have you noticed how many projects on the site are linked to a great festival? We were in Cork last week visiting the fantastic Cork Midsummer Festival and everywhere we looked we saw projects that had been helped by the Fund it crowd. That’s you!

The Solstice crew helped create their mammoth visual art programmes for the second year with funds raised on the site; Eat My Noise drew a great crowd for A:Volution; Cork itself gave a wonderful performance in a starring role as another city in Berlin Love Tour; and we were particularly excited to see Dylan Tighe’s Record and Fearghus Ó Conchúir’s Starlight get 4 stars in reviews in The Irish Times.

There’s lots of projects which will feature in this year’s Absolut Fringe, on the site already, if you want to check in and see what’s coming.

Projects we like!

We’ve just picked out 4, there’s dozens live on the site right now to get you pledging!

Catching precious memories: Dalton House Daycare Centre in Kilkenny provides essential services for the elderly in the community of Gowran. They’re working to highlight the valuable contribution of people in the community by recording views and recollections to publish a book which will offer an understanding of the foundations of the community. We think every community should do this!

A Comic Book Anthology: Stray Lines will showcase the work of Ireland’s most exciting comic creators – Philip Barrett, Barry Hughes, Gus Hughes, Chris Judge & Andrew Judge and Paddy Lynch in the style of a graphic novel. Just an €8 pledge gets you a copy of the publication!

Slammin’ poetry :The 6th All Ireland Poetry Slam Championship takes place in Cork , but not before heats in Belfast, Derry, Dublin, Galway and Limerick from which 8 performance poets are plucked to secure a place in the final.

The Quest for a Real Hard Hob: An intriguingly named futuristic musical and visual show that engages and immerses the audience in sound, story and emotion.

Don’t forget to follow us on Twitter and Facebook for updates on new projects and past projects coming to fruition!

That’s it for now. Have a great week.

The Fund it team!

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Now we are 1 (year)…

Posted on: Tuesday, April 10th, 2012 by fundit

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Resolutions and Revolutions….

Posted on: Wednesday, January 4th, 2012 by fundit

We’re pinching ourselves that it’s 2012 already and 3 projects have been funded so far this year. Our first 9 months really flew by, and our feet have hardly touched the ground.

101 projects fully funded, and well over €320,000 has been transferred electronically to creative folk the length and breadth of Ireland to make their ideas reality in 2011. Over 6,500 rewards have been whizzing through hyperspace or brought by the postman to letterboxes all over the world, from Alaska to Australia! That’s just some of the really exciting things about Fund it.

So, a new year, and our brains are buzzing with possibilities and resolve to grow and improve the site for creators and for all of you, the backers of projects. We’ve been running the numbers over the Christmas break and we’re really excited to see the amount of pledgers that went back and pledged again to other projects. Some of you have even become what we call ‘super-users’ – you can’t resist a great idea!

So let’s get Ireland’s creative juices flowing once more and start a wave of crowdfunding and good cheer throughout the creative industries in 2012!

The Fund it Team

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Now we are 6 (months)

Posted on: Monday, September 26th, 2011 by fundit

It’s hard to believe that it’s 6 months since fundit.ie went live with the support of a few folk who believed in the idea and a belief that you, the crowd, would be into the idea of supporting creative projects to become reality.

As we pass our half-year-birthday the Fund it team, Andrew, Dara, Martin, Rowena and Stuart, wanted to say a huge thank you for your support and we can’t wait to see what we can do together in the next 6 months!

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Fund it is recognised by the Arthur Guinness Fund

Posted on: Monday, September 12th, 2011 by fundit

We were really excited last month to hear that Fund it has been selected as one of the 2011 Arthur Guinness Fund Awardees – Fund it will receive €50,000 over two years to help support the development of the platform, along with professional business mentoring and support from Diageo.

The work has already begun, and we’re bursting with ideas in the run up to our 6 month anniversary, which coincidentally falls on Arthur’s Day!

The Arthur Guinness Fund supports ‘people with a business head and a social heart’, and we’re very proud to be listed alongside other winners such as the Open Window project developed by artist Denis Roche for people in long-term residential care; the Fumbally Exchange supporting the development of micro-creative industries and Kanchi, the network developing the disability business case.

The Arthur Guinness Fund was set up in 2009 to support social entrepreneurs in developing their initiatives for broader impact- continuing the philanthropic spirit and legacy of Arthur Guinness in the year of the brand’s 250th anniversary

The Fund joins our other supporters who have helped us through our first six months – including the Department of Arts, Heritage and the Gaeltacht, Bank of America Merrill Lynch and the Vodafone Foundation.

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Our first 100 days – how have we done?

Posted on: Friday, July 1st, 2011 by fundit

So, today is our 100-day birthday and we would like to thank you for all your pledges, support, messages, blogs, likes, tweets and retweets (and even a case of beer!)…

There have been some fantastic stories from our Fund it projects so far including Loreana Rushe reaching her target within 3 hours and ending her campaign on 194%;  Monster Truck Gallery & Studios receiving a matching gift for all their pledges from a donor; IMMA displayed a donor wall of all their pledgers beside the works they purchased; and Landmark Productions successfully raised €16,145 for a new production of Misterman by Enda Walsh, starting Cillian Murphy…and we hope there are many more to come…

We promised to keep you up to date with what’s happening, and 100 days seems like a great time to tell you. But telling you isn’t enough. Like our new Government being tested on their promises at 100 days – we’d like you to let us know what you think, and how we’re doing as well. We are, after all, just one of many in the crowd!

So here are some statistics on the first 100 days :

Online engagement with Fund it in the first 100 days
Twitter Followers of @Fund_it : 1,595
Fans on Facebook of Fund it : 1,404
Unique visitors to the site : 47,537
Average number of visitors per day : 979
Most single-day visits : 2,413 on Bank Holiday Monday 2 May
Number of Countries visitors have come from : 137

Fundraising Projects on Fund it
Total number of projects to date : 57
Number of successfully funded projects so far : 26
Total amount pledged to date : €144,831
Number of pledges to date : 3,176
Average pledge amount : €45.60
Amount raised in real terms : €104,756  (pledges to projects ended successfully)
Most raised by one project : €17,612 by Irish Architecture Foundation
Number of projects currently fundraising : 22
Number of failed projects to date : 10
Number of projects cancelled :  1 – due to loss of other funding source. ie. rewards could not be fulfilled

So there’s the numbers but, quite honestly, we’ve been overwhelmed by your interest so far and we know that many of the project creators feel the same way and are busily recording, writing, painting, designing and performing their way to fulfilling your rewards.

‘Fund it Towers’ has always been a gloom-free zone. The slice of creativity, imagination and determination that we see through projects and their supporters affirms our faith in the idea that too many brilliant ideas end up on the cutting room floor. That’s changing…and it’s all down to you!

So…thanks for everything so far, and here’s to the next 1000 days!

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Week Eight Update

Posted on: Tuesday, May 17th, 2011 by fundit

Eight weeks in and with 22 projects fundraising since we launched, we hope you’ve enjoyed dipping in to Fund it and finding projects, ideas and rewards that whet your appetite.

An enormous THANK YOU to everyone who has pledged, and to all those who have submitted project ideas for consideration, or are working on one right now – the crowd rocks!

As you know, no project receives any of their pledges of support unless they get to 100% of their fundraising target before the deadline. If you’ve already pledged money and you feel like giving the project an extra leg up, why not spread the word to your friends and network, or log back in and increase your pledge by a few euro – as they say on the telly, ‘every little helps!’

There’s been huge excitement over the last few weeks, with 11 projects hitting 100%, each with time to spare!

Together we’ve helped nurture creativity, and played a role in some pretty cool cultural developments, such as purchased 4 new works for IMMA by Bea McMahon;  helped develop a ‘Le Cool’ new walking tour of Dublin that will be a great profile-raiser for creatives throughout the city; provided vital support to help bring new theatre productions to the stage; paid for up and coming dancers to attend important dance events; and funded the creation of a book and dvd about Dublin Street Culture by Still Films.

We had an exciting evening last Wednesday, when Loreana Rushe posted a new project to fund her first solo exhibition in Dublin.  Within 3 hours she had hit 120% of her target, and her limited edition works, which she is offering as rewards are continuing to sell really well. We wish her all the best with the show later in the Summer.

Finally… we’re looking for projects in all categories, but especially categories which are still waiting for their first!  If you have a creative project in the craft, food or science & technology sectors, get in touch with us or submit it directly via the website.

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Week Four Update

Posted on: Monday, April 18th, 2011 by fundit

Well, four weeks in, and it seems the Fund it chatter is constant – online, in print and on the airwaves.

The projects we launched with have all reached at least 58% of their targets, and we’ve had overwhelmingly positive feedback about the idea and the site itself. New projects are being added regularly too, which is exciting!

Thanks for all the lovely emails, supportive tweets and facebook posts. The crowd has spoken!

Among all the blog posts, print articles and radio pieces, here’s a few information-full snippets that you might find useful.

John Collins of The Irish Times Business podcast interviewed Stuart McLaughlin of Business to Arts about Fund it on 31 March. You can listen here.

At the recent Showcase conference in Belfast, Stuart also gave a 10 minute talk about Fund it, and then gave a workshop on how project creators can use the platform to support their work. You can watch a film of both talks here.

In the Stage Struck column in The Irish Times, Peter Crawley looks at how angel investors could help make theatre happen in the future. Read about it here.

We’ll continue to add useful pieces as they appear!

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