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Crowdfunding

Crowdfunding will require a student to have a great idea and to need funding for a piece of equipment or event. Students have successfully crowdfunded for a range of projects and through the completion of a log book you can also gain EDGE Award accreditation.


Outline of Activity

Crowdfunding will require a student to have a great idea and to need funding for a piece of equipment or event. They will be asked to complete an application to ensure suitability. This will be followed up with a meeting and then some short training activities to help them develop their idea. This idea will then be launched as a campaign.

Learning Outcomes

The main learning outcomes will be:

  • Marketing and promotion
  • Project management
  • Organisation skills
  • Time management skills (Fitting in running their project around uni and prior commitments)
  • Financial Planning
  • Project planning
  • Developing social skills.

Assessment Details

During training, students will be provided with a time log, which will allow them to record the time they spend on the project. We will then ask them to do a short 200 word summary of their experience and the skills they feel they've learned upon completion. We will then review this and compare it against our own records for verification.

Level of Commitment

3 weeks plus 22 hours:

The application process to launch a project will be roughly 3 weeks depending on the time the student has available. A project will be live on the site for an average of four weeks. The project will therefore be started and completed in 6-7 weeks. (Varies per project).

 

Attending training

 

Time spent on applications

 

Minimum 30 minutes promotion a day.

 

The level of responsibility is high as the student must take full ownership over the project and must understand that they are solely responsible for the success of the project.

Contact

Find out more about this activity below:

http://www.ulster.ac.uk/crowdfunding