Crowdfunding in Switzerland, wemakeit Celebrates 2nd Anniversary

WeMakeIt Largewemakeit, Switzerland’s largest and most successful crowdfunding platform is celebrating its second birthday as it plans for major expansion in the near future. In addition to artists and creative people, wemakeit now also supports non-profit associations and organizations in funding new projects and in aiding their communities to grow. Their stated objective will also be placed on the popularization of crowdfunding in all regions of Switzerland. In 2014, the goal is to have the platform grow by 100% over year prior. Supporters have financed over 550 projects over the course of the past two years amounting to CHF 4 million raised with projects experiencing a reported 66% success rate.   A growing number of “serial backers” or wemakeit community members who have supported 2, 5, 10 or even 20 projects.

In 2013 the “Bist du Kumpel” (Are you a digger) project for the band “The Bianca Story” was the first in Switzerland to finance a project successfully over CHF 100,000.  During the last year  wemakeit grew at an above-average pace in the French-speaking part of Switzerland while projects in Euros accounted for 10% of turnover in the past year.

Johannes GeesJohannes Gees, wemakeit co-founder stated:

“In cultural and creative industries, wemakeit has established itself as an important address when it comes to launching and financing new projects. The know-how won will be made available to all communities wishing to achieve a goal in common. The visitors of an art space will help to finance the next exhibition; the residents of a town area can publish a book on urban development; a musical society will be able to purchase new costumes. Not only can requests be made via wemakeit, sponsors can even deduct their contributions from taxes.”

Some wemakeit Statistics (as of 02.05.2014)

  • Funding achieved to date 3,943,411 CHF including Euros
  • Number of supporters 24,506
  • Projects concluded successfully 539
  • Success rate 66%
  • Largest project funding sum (The Bianca Story – Are you a digger?) 91,662 Euro
  • Greatest financing rate (Wir müssen nach Mustang) 384%

 

Sponsored Links by DQ Promote

  • Carolina Builes

    Crowdfunding is indeed a great alternative for capital
    funding especially for sports, art-related and philanthropic projects; and it
    has become a good marketing tool as well for early stage companies and
    initiatives. However it still needs some fine tuning, particularly when seen as a
    financial instrument, to meet the purposes originally set by it. Crowdfunding
    is lacking key investment principles that entrepreneurs and investors should obtain when
    funding for-profit companies. The Startup Stock Exchange, SSX, is the evolution
    of crowdfunding, combining the positive social aspects of crowdfunding with
    the liquidity, security and control of a securities exchange. Seek up to USD$3
    MM by offering public liquid shares tradable on a securities exchange; and invest in international startups with no minimum investments. SSX is available to early stage companies and investors from Switzerland and all over the world. Find out more
    at http://www.startup.sx/go/crowdfunding