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Request for Proposals: Crowdfunding Campaigns

Introduction/Background

Crowdfunding is the process in which an entrepreneur, business or organization asks a large number of people (usually through the Internet) to contribute a certain amount of money for a specific business or community development project.

The Local Crowd Monadnock combines the power of Internet crowdfunding with an educational and technical assistance component designed to increase participants’ capacity to use crowdfunding to both raise money and contribute to their communities.

The program has the potential to develop a stronger funding ecosystem in a community -- ultimately revitalizing local businesses, encouraging entrepreneurial activity and creating a new way for community members to support projects they care about.

The Local Crowd Monadnock is a Local Crowd Demonstration Site, part of a national two-year USDA pilot project.

The Local Crowd Monadnock officially launched its crowdfunding platform in March 2017. We invite entrepreneurs, businesses and organizations in the following city/towns to take advantage of this innovative new program by submitting project campaign proposals:
  • Alstead
  • Chesterfield
  • Jaffrey
  • Keene
  • Hinsdale
  • Peterborough
  • Swanzey
  • Winchester
Learn more about The Local Crowd Monadnock.


Project Qualifications

Ideal crowdfunding project proposals will:
  • Have a budget under $10,000.
  • Be based in Alstead, Chesterfield, Hinsdale, Jaffrey, Keene, Peterborough, Swanzey or WInchester.
  • Be simple.
  • Demonstrate economic benefit to your business/organization -- and the community you serve.
  • Be ready to begin planning fundraising efforts on January 26, 2018.
Preference will be given to projects that align with their city/town’s master plan and contribute to a more local, green and fair economy.

Participant Responsibilities

Project campaigns will need to be responsible for the following:
  • Adhere to the "keys of success” promoted by The Local Crowd platform.
  • Form a Campaign Team that will actively promote your campaign to their community networks.
  • Work closely with The Local Crowd Monadnock team to leverage training, marketing and community outreach tools.

What a Project Campaign Will Receive

  • Support from The Local Crowd Monadnock team as the business/project prepares to launch its crowdfunding campaign.
  • Marketing and outreach support.
  • Opportunity to receive funds raised via the crowdfunding campaign for the designated project.

How to Apply

To have a project campaign considered for The Local Crowd Monadnock funding, please fill out this online form* or submit a 1-2 page proposal to monadnockbuylocal@gmail.com before 5:00 p.m. on January 12, 2018.

Please include the following:
  • Name of individual at business/organization who will be the primary person responsible for the project;
  • Project name, town/city and business/organization’s name;
  • Project description and cost;
  • Business/organizational need;
  • Benefits;
  • Why the project should be considered.
*Online form is also available below.

Questions?

Please contact Jen Risley at monadnockbuylocal@gmail.com or 603-499-7950.
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