Do you have a bright idea but need funding to bring it to life? Have you considered crowdfunding as a way to raise the necessary funds? Would you like to receive up to £500 in additional funding towards your campaign target thanks to Santander?
If you have answered yes to the above, then this exclusive opportunity may just be for you!
Thanks to the generosity of Santander, the MDXCrowdfund team has a match funding pot of £2,500 to invest in selected student crowdfunding projects featured on MDXCrowdfund, before the end of the academic year.
To be in with a chance of receiving up to £500 of match funding for your crowdfunding campaign, you will need to create and submit a crowdfunding project on MDXCrowdfund by Monday 4th June 2018. Your crowdfunding campaign completion date must be no later than Wednesday 25th July 2018.
The MDXCrowdfund team will then select student crowdfunding projects demonstrating particular entrepreneurial flair, creativity, social impact or personal initiative and award the match funding accordingly.
When it comes to the types of crowdfunding project eligible for match funding, you could be looking to raise funds for anything from a unique business venture, a creative project such as an exhibition, theatre production or launch of a magazine, a community event, or even an inspiring personal initiative. The world really is your oyster when it comes to the type of projects eligible for selection!
Match funding means that donations to a crowdfunding initiative are matched or ‘doubled’ by funding from another source – in this case, Santander.
If you are seeking to raise £500 and your project is selected for match funding, we will ask you to raise £250 and then contribute £250 from the Santander match funding pot. The maximum match funding investment we will make in any one campaign is £500 – regardless of whether you are seeking to raise £1,000 or £5,000.
When it’s gone, its gone!
Once the £2,500 has been allocated to student crowdfunding projects, no further match funding will be available this academic year so the sooner you submit your project, the greater your chance of receiving an additional match funding boost!
As well as the potential of match funding from Santander, you will gain access to a host of other great benefits with MDXCrowdfund:
- Dedicated crowdfunding support. You will get 1-2-1 advice from the MDXCrowdfund team on everything from putting together your crowdfunding campaign through to how to promote it.
- Additional promotion for your campaign. While it remains up to you to do the promotional legwork for your campaign, MDXCrowdfund and featured projects are often promoted through the university’s communication channels – meaning greater publicity for your project.
- Heightened trust. The fact MDXCrowdfund is run by a respected university like Middlesex University helps to reassure donors that their money will be put to good use!
- Get 100% of what you raise. Most crowdfunding platforms take a percentage of funds raised to cover their running costs. An additional percentage also goes to the payment gateway they use (e.g. Stripe). Middlesex University covers the costs associated with the platform and donation processing so you get 100% of the money you raise!
Find out more
Have you got a creative idea or project requiring funding but no idea how to raise the money to make it come to life? If so, rewards-based crowdfunding might be an interesting avenue for you to explore as it can often lend itself well to creative projects.
Rewards-based crowdfunding involves many people making small donations that add up to a larger amount, enabling a crowdfunder to deliver a project or initiative close to their heart. In return for their support, project donors receive a small gift related to the crowdfunding project. These rewards can be anything from a personalised shout out on Facebook or a mention in film credits, through to items with a monetary value (e.g. T-shirts or CDs).
There are a number of rewards-based crowdfunding platforms out there, including Kickstarter, Indiegogo and Crowdfunder.co.uk, to name just a few of the big players. Middlesex University has its very own crowdfunding platform for students, staff and alumni – MDXCrowdfund.
While some of the more well-known crowdfunding platforms may seem like the most appealing option, MDXCrowdfund is worth chicking as it offers a number of distinct benefits
Film and TV students have used MDXCrowdfund to raise the necessary funds to deliver their final year projects but the potential for other creatives to raise funds in order to deliver something related to their university course or passion project is just as great. Creative crowdfunders have successfully raised funds for anything from an art exhibition, theatre or dance initiatives, fashion collections, product development and more.
Television Production graduate, Daniel Fisher is one of MDXCrowdfund’s many successful crowdfunders. He raised money for his final year project and commented: “Crowdfunding was a really valuable process to producing our television production. We learnt a lot from the experience and received amazing support from the MDXCrowdfund team, who were always willing to meet us when needed and provided us with great tips on budgeting for our crowdfunding campaign”
Also sharing her successful experience with MDXCrowdfund, BA Music Business and Arts Management student, Yukiko Koiwai said the following: “MDXCrowdfund made the process of crowdfunding for my project a lot easier than I first expected. I received great support and constant feedback from the MDXCrowdfund team throughout the process– from creating the pitch and marketing my campaign to producing my crowdfunding video, they truly made it easy for me to accomplish my goal.”
Thomas and his team are a group of 3rd Television Production students here at Middlesex seeking to raise funds to support the production of their film, ‘Fluffypunk’.
The film is an observational documentary and arts film about Jonny Fluffypunk, a character invented by Jon Seagrave a comic poet and published author.
Jon's act deals with the human condition, social awkwardness and the effects of modern life all done with a self-deprecating wit and intelligence.
In Jon’s words: ''Jonny Fluffypunk is a stupid name but it does sum up the ongoing dichotomy. On the one hand I'm still carrying the tattered black flag of anarchy and in the other, a bag of unsalted rice cakes and a Tibetan goats skin wind chime, so I have settled for the middle path of a sustainable nihilist.''
Deadline Friday 20 April
Conformity Magazine is a non-profit magazine created by BA Advertising, PR and Media student Khaleel Johnson and his friends. His aim is to support young queer, trans and intersex creatives of colour and societal anomalies by creating a space to explore for them through his print magazine. In order to do so, he needs funding to produce the magazine himself as he wishes to maintain editorial and photographic control to ensure that the publication really resonates with those it seeks to reach.
Deadline Tuesday 1st May
Beatriz is a BA Film student, iscreating a short film about the 751 Squadron from the Portuguese Air Force. Working in an Air Force Squadron cannot possibly be easy. This is the story of the men from 751 SQN who live under the motto “So Others May Live”. These selfless and bold human beings are part of this Search and Rescue team, which saves hundreds of people every year. Having the second biggest Search and Rescue Area in the world, 751 SQN is responsible for everyone that might need help – on the sea or on land. So Others May Live is an inspiring promotional film about great humans that repeatedly put themselves in danger to save others.
Raised £1580 from 27 donors
Maria Olson and her team are a group of 2nd year BA Music Business and Arts Management students have funded a charity music event in Euston titled #WomenTogether. The event was hosted on Tuesday 20th of March at Simmons bar in Euston (London), which you can take a look at. The charity supported on the night is "Hollaback!", a global, people-powered movement looking to end harassment. We have chosen them as we feel they share our goals towards supporting women. With musicians and speakers taking part in #WomenTogether, they provide an entertaining, empowering and fun night that supports all women who have gone through harassment.
Raised £500 from 4 donors
Max is a 3rd year Music Business and Arts Management student looking to raise funding for his non-profit event management organisation, Canned Tunes, which aims to raise support for food banks and social causes at charity gigs in Brighton and Watford. 'Canned Tunes Presents: NOISE EATER’ operates a simple concept of ‘food-for-entry’. For both events, we will be encouraging everyone to bring three cans (non-perishable food) / toiletry donations on the night (which will be donated straight to BFB/WFB) to gain entry to the event. We will also be accepting £3 on the door for those who don’t bring food, in order to make this event accessible to everyone.
Raised £345 from 2 donors.