No money, no problem: Crowdfunding helps launch Iowa Corridor projects

kickstarterAlexander Steele still has no idea who gave him $2,000 to help launch his business of hand-crafting guitars and ukuleles.

Using the website, Steele needed only a month to raise $15,000. That was enough for him to quit his job so he could build guitars full-time in his basement in Cedar Rapids.

According to Kickstarter’s website, more than $560 million has been pledged to fund more than 39,000 creative projects since the site became functional in 2009, including more than 100 projects in Iowa.

Kickstarter is the most well-known platform for crowdfunding, as it’s called. But more than a dozen websites exist…

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