Cultural initiatives benefit from crowdfunding model

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We’ve seen numerous industries employing the crowdfunding model to help projects get their feet off the ground, from social enterprises to breweries to telecommunication and web startups. We’re now seeing that same model applied to cultural startups, through Swedish CrowdCulture. The crowdfunding platform – originally run in beta in cooperation with Fonden för Innovativ Kultur – works by hosting various cultural ideas and projects for its members to fund with investments of SEK 50. The projects differ greatly in their content and plans, and include dance, theater and puppetry, among others. In order to submit and idea for funding or…

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