Donations to universities and educational institutions have been around for a long time in the form of government grants, endowments, contributions from alumni, etc. But crowdfunding for universities is a relative newcomer to the fundraising scene.
Crowdfunding is fast emerging as a funding alternative for students and universities. Universities are using crowdfunding for student fundraising, research, Education for Enterprise and Alumni & Engagement. Students and academics are all tapping into this new financial potential. Crowdfunding is a powerful tool that can be used to pursue individual dreams and for the betterment of society.
Crowdfunding for universities is expected to open new strategic opportunities. It makes innovative ideas that otherwise might not see the light of the day more likely to be noticed. It will also change the way universities create new revenue streams for themselves from donors and platforms.
Edudharma.com will soon make crowdfunding with Universities, colleges and schools