Blog

Crowdfunding’s many goals: from building schools to busting mayors

Crippled by mounting financial debt, father and son duo David and Brian Best had few options left to save the potato farm their family has operated in Tryon, P.E.I., since the early 1930s. It was a customer who dropped in to Best Acre Farms to buy seed potatoes that sparked the family’s current bid to save their livelihood – crowdfunding. “I told him I was pulling strings to find out how I can source money, and he said, ‘Well, you might try crowdfunding,’ ” said Brian Best. Best did just that and, without a crop in the ground, he has dedicated much of his time to the online campaign, which aims to raise $200,000 by Aug. 1. As of Thursday, the campaign on Indiegogo.com has generated around $8,000. “The people that are grasping it … know how important a family farm is to producing food,” he said. Websites like Indiegogo.com are drawing people from across Canada to crowdfunding, and the types of campaigns they fund vary widely. Whether it’s building a school in Africa or trying to secure the release of an alleged video that appears to show Toronto’s mayor smoking crack cocaine, the possibilities are endless. Regardless of the […]

The post Crowdfunding’s many goals: from building schools to busting mayors appeared first on CrowdFund Beat.

Leave a Comment