Implementing crowdfunding campaigns is possible within the framework of legislation and regulatory guidelines. If you are interested in organizing a crowdfunding campaign, present your idea at the monthly community meeting to avoid overlapping campaigns. Careful preparation is recommended. It is easier to gain support and attract funders for a project if at least the following questions can be answered: the project’s goal, what, why, budget, and the method of fundraising. Organizing crowdfunding targeted only at association members is straightforward.

Public crowdfunding brings its own limitations and requirements to a project. Public funding may be collected for projects that provide consideration (rewards). Campaigns without consideration are classified as fundraising, in which case a fundraising notification (small-scale fundraising) or a permit application must be submitted to the authorities. You can find more information on the topic on the authorities’ websites.

Example of a private funding campaign:

The goal is to acquire an English wheel for the lab. An English wheel is a type of metalworking machine used to shape sheet metal between two bearing-mounted rollers with different radii of curvature. I will manufacture the device myself, and the required materials, including transportation costs, will cost approximately 570 euros. The crowdfunding campaign is aimed at members, and five members have already committed to contributing 30 € each. I am seeking additional funders through the association’s communication channels, and I will collect the contact details of committed funders using the Google Forms online service (first name, last name, email address, and the maximum amount the person is willing to contribute). Based on my estimate, manufacturing the device will take two months from the time the materials are acquired.