e-PATTERNS online training

The second output of our project is the online training for NGOs leaders/fundraisers/practitioners. The aim of the online training is to train low-skilled adults and develop their competences in financial literacy/fundraising, through simplified ICT tools.

 

The online training consists of the following units:

  1. Fundraising basics
  2. Communicating a case for support
  3. Implementing a fundraising action toward donors
  4. Managing resources for fundraising
  5. Monitoring the effectiveness of a fundraising strategy
  6. Implementing a fundraising action toward public funds

 

 

 

Partners have developed the English version of the training and they are currently working on the development of the training material in Finnish, Italian German, Spanish and Greek.

The online training for NGOs leaders/fundraisers/practitioners will be ready soon!

Stay tuned to learn more news about our training!

Online meeting for our project

On Tuesday 15th of December 2020, partners of e-PATTERNS had an online meeting, to discuss the next steps regarding the outputs of the project, in order to ensure their successful implementation. So, below there are the outputs which partners are currently working on their development:

 

  • Training program for SNGOs practitioners. Partners have almost completed the development of the educational material in English. The training program consists of six modules and each partner was responsible for the creation of one of them. The final version will be ready until the end of January 2021 and partners will translate it in Finnish, Italian, German, Greek and Spanish.
  • Training toolbox material & guidelines for NGOs leaders. Most of the partners have already completed the development of this output, but the final version will be ready until the end of January 2021. The toolbox material and guidelines will be available in English, Finnish, Italian, German, Greek and Spanish.
  • Self-assessment tool to analyze the status of digital skills/practices within a SNGO. Partners discussed about the self-assessment tool and how they will proceed with its development. Finally, they agreed all partners to contribute to the development of the questions of the tool.
    The tool will be available in English, Greek, Finnish, Italian, German and Spanish.

Online meeting_01

Stay tuned for more news about our project!

Crowdfunding in Cyprus

Even if crowdfunding is an easy way to raise money and awareness for your organisation’s idea, campaign or project, and by creating a crowdfunding website you can reach supporters, donors and funders, there are also some disadvantages.

 

According to Xero, 2018, crowdfunding has more benefits than you think:

  1. Validation: your organisation’s campaign can legitimize your idea and can help you reach the audience you want and that they are interested in your campaign and as a result will pay for this idea.
  2. Marketing: launch your campaign in order to spread out your message and as a result to reach more people. As a result communication skills are one of the benefits you will gain.
  3. Funding: you can engage with people and find out other funding opportunities such as loans, grants etc.

 

Furthermore, some of the disadvantages of crowdfunding are:

  1. Loss of a brand value: A not engaging story, not enough effort for your campaign, not a well presentation of your idea.
  2. Intellectual property risk: By publishing your idea on the internet, you could lose control over your intellectual property. Have in mind and make sure that you are using all the necessary copyright marks and paperwork before publishing your idea.
  3. Time and Effort: In order to prepare a crowdfunding website and campaign, you should consider an amount of time (one month and more of preparation). You should have in mind that you may spend time applying to the platforms, and not result in any finance being raised.

 

Crowdfunding in Cyprus

At the EU level, even if there is no law on crowdfunding, there are political agreements and regulations that aim to improve access to crowdfunding and enable investors and donors on crowdfunding platforms to benefit from a better protection regime.

Cyprus, and more specifically CySEC (Cyprus Securities and Exchange Commission) has proposed the introduction of rules on investment-based crowdfunding. These rules will recognize crowdfunding as a specific mode of financing and will provide basic regulation on the activities.

An active platform that exists in Cyprus for crowdfunding is www.wehug.org

Crowdfunding in Spain

Crowdfunding evolution

Within the so-called “collaborative economy”, crowdfunding is one of the modalities that has grown the most in the last ten years in Spain. Apart from increasing, it has not stopped evolving, and from collective contributions with nothing in return, it has been expanded to other formats such as rewards, shares, loans or royalties. In this way, crowdfunding is not only a widely used tool for financing small projects of artists or social activists, but also for larger projects, until reaching the business world.

NGOs and StartUp are the ones that resort the most to crowdfunding today, as an alternative form of financing to start a new project and also to determine what types of product or service the consumer wants to see in the market.

 

The best platforms for NGOs and StartUps

Among the best platforms of 2020 that target NGOs or StartUps are:

  • Lánzanos.com: the most popular crowdfunding platform, which helps finance all types of projects.
  • Migranodearena.org: A pioneering platform dedicated to fundraising for NGOs and solidarity projects
  • Goteo.org: a unique platform conceived as a “social network to co-finance and collaborate with creative projects that promote the commons, free knowledge and open source”.
  • Lánzame.es: The first Pledge Fund in Spain, for micro-investments in StartUp.
  • sociosinversores.es: dedicated to shareholder crowdfunding for the creation of companies, puts entrepreneurs in contact with investors.

You can find a more exhaustive list at universocrowdfunding.com.

 

The Spanish regulation

On April 2015 the Spanish government regulated the crowdfunding with the Law 5/2005. The Law held the marked with some limits and the distinction in “accredited investors” (former investors) and “non-accredited investors” (non-professional investors). While the firsts have no investment limits, the seconds have a maximum investment limit of €3,000 per project and a total of €10,000 per year. There is also a limit on the crowdfunding amount possible to raise. It amounts to €2 million or €5 million depending on the targeted investors.

 

What are you waiting for? Train yourself with European project Erasmus+ e-Patterns and make your ideas come true!