Learning Outcomes of the Lesson
After completion of this lesson, learners will:
- understand the concept of crowdsourcing and crowdfunding in the case of social enterprises.
- be able to understand what crowdfunding is and how it can be used to finance social projects and initiatives by collecting money from many people via online platforms.
- gain knowledge on how to develop a successful crowdfunding campaign, including setting goals, creating compelling stories, and engaging with the audience.
- identify opportunities and react accordingly for crowdfunding social enterprises.
- be able to identify and analyze different crowdsourcing models such as rewards-based, donation-based, equity-based, and debt-based crowdfunding, and their applications in social enterprises.
- be able to identify opportunities and react accordingly to develop crowdfunding campaigns using specific platforms.
- be able to identify and analyze the key factors that contribute to the success of crowdfunding campaigns, including the role of social media, community engagement, and offering attractive rewards.
- evaluate Case Studies of crowdfunding social campaigns.
- examine detailed case studies, gaining insights from successful crowdfunding campaigns of social initiatives and projects.
- apply knowledge to real-world scenarios.
- develop a crowdfunding campaign to finance a specific social challenge, considering a specific web platform.
