Eight social enterprises run by twelve of London’s youth are beginning their individual crowdfunding campaigns after 8 weeks of training delivered to them for free by Business Launchpad and Crowdfund 360, both based in Tooting.
The eight social enterprises now have 35 days to reach their crowdfunding targets so that they can bring their projects to life. They are raising amounts varying from £1,500 up to £20,000 for a wide range of projects, from providing birthday cakes to Nigerian orphans to workshops on alcohol and drug abuse to making websites more accessible for people with disabilities.
In less than 12 hours alone they have raised over £1,000 and one even reached 50% of their target already!
The eight week training program, taught through workshops, webinars and 1:1 sessions by Tooting-based young entrepreneur and crowdfunding consultant, Jes Bailey of Crowdfund 360, was developed in order to allow young social entrepreneurs to expand their work and increase their social impact, by not only providing them with extra funding but also by increasing their marketing skills/efforts and confidence. The training programme breaks successful crowdfunding down into 6 manageable steps. The young social entrepreneurs were then taught about each element of crowdfunding and helped to implement the skills learnt into their own projects. The course was supported by Business Launchpad, a charity in Tooting that supports entrepreneurs 16-30 throughout London to realise their entrepreneurial potential.
Jes Bailey of Crowdfund 360 commented “many young people want to start social projects but are held back because of a lack of funding, lack of confidence and/or lack of marketing skills. Crowdfunding brings all three of these together and shows the young people that actually, other people they never even knew, also believe in their projects and want to see them come to life in order to better our societies. It has been amazing to work with Business Launchpad and their clients to develop this programme as the passion, motivation and determination shown by the young social entrepreneurs is amazing. I especially love that they have collaborated well and helped each other out too rather than just competing. It feels like we have created a social enterprise crowdfunding family here!”
Stuart Thomason CEO of Business Launchpad says ““It is great to see one of our clients supporting other young people. Jes has trained our young social entrepreneurs in crowdfunding. Now 8 entrepreneurs will launch campaigns which will enable them to validate the concept of how they will solve social problems.
The social enterprises taking part are, Good Cake Day, Inclusight, New Ground Creations, Papilio Arts, Young People Insight and Faithful Living. Bubble and Squeak and TERN will launch later this month, to align with school holiday timings.
To view all projects on the same page, click here.
By clicking on the organisation you will be led to their crowdfunding campaign where you can find out more about their projects and support them either by making a pledge or sharing their project on social media. Both will help their campaigns more than you could imagine.
To find out more about how you could start your own crowdfunding campaign visit Crowdfund 360.
Business Launchpad offers free business support & counselling to young entrepreneurs aged 16-30 in Wandsworth. To find out more about Business Launchpad, click here.
If you’re a young Tooting entrepreneur who’d like to be featured in future articles, then drop us some details via email – we’d love to hear from you!