University of Surrey launches crowdfunding platform
Giving enterprising students and staff the opportunity to get their ideas off the ground.
The University of Surrey has become one of the first universities to partner with Crowdfunder, an online platform that offers a new way for people to raise money, awareness and support for their ideas.
Crowdfunder works by allowing individuals and groups to seek backing for projects and activities from a wide community of supporters. Project creators share an idea or project with immediate contacts such as friends and family, who then share it with their circle of contacts – with social media providing a further opportunity to reach out to an even larger crowd beyond this base.
Supporters make a pledge that only becomes a physical donation once a project has reached its minimum fundraising target.
Through this new partnership, any University of Surrey student, group, staff member, club or society will be able use Crowdfunder to raise funds on a mass scale across campus.
“Innovation and enterprise have long formed an integral part of the culture here at Surrey", said Chris Gethin, Director of Development and Alumni Relations at the University of Surrey.
"Through our partnership with Crowdfunder, we can now provide a very exciting opportunity for our enterprising students and staff to seek funding for their great ideas. Crucially, through this platform, we can embed further the culture of philanthropy on campus and demonstrate the great things that can be achieved through it.”
Graeme Roy, Head of Operations at Crowdfunder added: “The University of Surrey crowdfunding platform is a fantastic example of how universities can develop their revenue streams, stimulate entrepreneurial behaviour and work closely with the communities and businesses around them to drive real economic change.
“We are looking forward to seeing more and more projects go live and fund as the crowdfunding platform develops, and developing new solutions to drive enterprise in the education sector.”
Emily Jeeves from the University of Surrey Theatre Society, who was the first to fund a project on the platform, said: “We needed to raise funds for our biggest production ever and leapt at the chance to crowdfund our project, reaching out to our community to ask for support.
“Thanks to the University of Surrey and the Crowdfunder partnership, we raised over £600, allowing us to help those at the University who want to gain experience in big productions.”