As one of several efforts to support co-op ecosystem development in the DC region, CrowdWork.Coop partnered with Social Conscience PBC to initiate a pilot program with the goal to alleviate funding barriers for early-stage co-op business and project growth. To do so, we began developing a direct referral platform for crowdfunding that serves as a non-extractive local alternative to other fundraising platform options.
A campaign page is created with the help of CrowdWork.Coop digital services.
When filling the donation form, the donor has the option to contribute additional amount to help support the platform and additional campaigns for co-ops.
On form submission, the donor’s entire transaction is sent directly to the campaign holder (no money touches the platform itself).
Form entries are collected in the database, segmenting donations to the co-op campaign vs those to the platform.
The full donor report is sent to the campaign holder, along with a request to return funds in the amount indicated to be contributed to the platform.
These funds are sent back to Social Conscience PBC as the merchant account service provider. These funds will pay for labor and overhead expenses to improve the platform’s functionality and features, and support the successful launch of more campaigns.
Prior to this pilot stage we raised $1,500 from friends, family, and co-op advocates to fully subsidize the initial pilot campaign costs including:
Thanks for helping us reach the 1st fundraising milestone!
Future contributions will enable co-op campaigns to leverage technology that matches them with the resources within the communities that they help grow. It will also help connect market access and growth needs with the idle capacity of the local talent pool.
In particular, future funds will allow us to: