The crowdfunding market is big, and it’s growing every day. In fact, a recent report found that it was on pace to reach nearly $10 billion in 2021. That’s a lot of change! But while this is good news for the companies who want to capitalize on investment dollars, what about the rest of us?
What do we get out of all this money being thrown around? Well… first off, better products and services than ever before. And second: funding for academic research! In this article, we’ll take a look at some of the most popular crowdfunding platforms for academic research and learn how they can help you raise funds.
FundScience is a crowdfunding platform for academic research. FundScience was founded in 2012 by Dr. Peter Mohler, who wanted to give researchers the opportunity to raise funds for their projects without having to go through traditional routes such as grant writing or competing with other scientists.
Since then, it has grown into a nonprofit organization that helps researchers from all over the world get funding for their projects. It’s also based in the US, so if you’re American and looking for an easy way of raising money for your research, then FundScience could be right up your alley!
Experiment is one of the top platforms to start crowdfunding for academic research. It’s an open platform, which means you can use Experiment to raise funds for any kind of scientific research—and it doesn’t matter if your project is a small or large one.
Experiment has a team of experts who will help you with your proposal and answer all your questions. You’ll also get advice on how to improve your project’s chances of success and what steps you should take in order to reach its funding goal by deadline day. If you need personalized one to one support then consider getting help from expert dissertation writers.
Microryza is a dedicated platform to start crowdfunding for academic research. It’s an international platform that accepts proposals in multiple languages and has over 200,000 people who are interested in supporting science.
The site offers a number of different funding models, including:
- Direct Grants – These are awards for individual researchers or small groups with specific funding needs ranging from $100 to $1,000 per month for up to three months at a time.
- Open Call Grants – This option allows researchers to apply for larger grants between $2,000 and $25,000 per month for up to three months at a time.
- Accelerator Grants – These work similarly to standard open call grants but offer higher payouts over longer durations (up to six months), so you’ll have less chance of running out of money mid-project if things take longer than expected
If you’re exploring crowdfunding options at Microryza but your proposal keeps getting rejected then get help from the best dissertation proposal writing service.
Petridish.org is another famous platform to start crowdfunding for academic research. It’s a non-profit organization that helps scientists raise money for their projects, and it’s free to list your project on Petridish.org—but it does take a percentage of the funds raised.
Here are some things you should know about Petridish:
- They have an open application process (you don’t need to be invited)
- You can use their site even if you’re not based in the US or Canada (the two places where they officially operate). If you do live in those countries, there’s also no fee to apply or use their services; researchers located elsewhere must pay an annual membership fee of $100 USD (about $130 CAD) or more per year depending on how many projects they plan on submitting each year
Petridish is a great option for researchers who are looking for funding outside of traditional grant programs. Their business model may seem a bit strange at first glance, but it’s actually pretty similar to other crowdfunding sites like Kickstarter and Indiegogo—except that Petridish focuses on academic research instead of products or services.
RocketHub is must-know platform for researchers to start crowdfunding for academic research that focuses on “creating campaigns for non-profits, charities, and independent artists.” While this may seem like it would be right up your alley if you are an academic researcher, RocketHub has been known to accept projects from researchers in other fields as well.
There are some specific reasons why RocketHub works so well for academic research projects:
- They offer perks like free hosting and unlimited funds raised above the goal (as opposed to Kickstarter which offers no perks aside from fulfilling rewards).
- Their platform is specifically designed for creative projects—a category that can include artistic endeavors such as film making or music production as well as more traditional artsy stuff like painting or writing poetry.
They have a dedicated team of researchers and reviewers who can offer feedback on your project before it goes live in order to ensure that it is appropriate for their platform.
Other famous crowdfunding platforms – BONUS
All these crowdfunding platforms for academic research will also help you raise funds for your studies.
- Kickstarter – This is a crowdfunding website that helps people raise money for all kinds of projects, including educational ones. It has many successful campaigns under its belt, so it’s definitely worth checking out if you’re interested in using a platform to fund your academic research or studies.
- Indiegogo – This is another good choice when it comes to finding an online platform where you can start raising money for your academic research or studies. It has many features that make the site user-friendly and easy-to-use, which makes it perfect for beginners who are new at crowdfunding their projects online.
- GoFundMe – If you’re looking for an easy way to create your own fundraising page on GoFundMe, this will allow you do so with just one click! You’ll be able to share all of the details about what exactly needs funding through this simple yet effective tool by clicking ‘set up fundraiser’.
With so many crowdfunding platforms to choose from, it’s easy to get overwhelmed. Which one is right for you? That depends on your research needs, but we hope this article has helped you decide the right platform to start crowdfunding for academic research.