Sponsr.Us

Social fundraising for student projects

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Ryan HooverPro@rrhoover · Founder, Product Hunt
Kind of like a Kickstarter for student projects. Neat idea. Curious to see how things like this change the traditional magazine subscription and cookie-selling programs in schools. :)
Eric Ouyang@ouyangeric · Founder, Sponsr.Us
Thanks so much for the shoutout, @rrhoover! Next step: successfully fundraise our first projects and make them realities!
Ryan HooverPro@rrhoover · Founder, Product Hunt
Welcome, @OuyangEric! How did you come up with the concept for Sponsr.Us? Were there any products or trends that inspired it?
Eric Ouyang@ouyangeric · Founder, Sponsr.Us
Seeing the difficulties of student fundraising -- often limited to things like magazine drives, bake sales, and car washes -- and the successes of Kickstarter and Indiegogo, we saw an opportunity to fill a need. However, we also recognized that financial need was not the only thing preventing students from bringing their ideas into reality. They often need support from people who have experience. As a result, we set out to create a comprehensive program to catalyze student initiatives through fundraising and mentorship. Additionally, Watsi inspired us to implement a 100% donation model -- meaning that we don't take any cut off of pledges. Sponsr.Us even covers the cost of processing transactions.
Robert Shedd@shedd · Co-Founder & CTO at Zoomer
I added USEED (http://useed.org/) to the related links. It's a similar model that has been in testing at some schools on the east coast over the past year or so. Sounds like they'll be launching more widely soon.