Earlier this week, crowdfunding giant Kickstarter announced that it was ready to open its doors to Spanish inventors that are looking to crowdfund for their projects.
The platform revealed in its blog:
“We’re so excited to announce that Kickstarter is now open to Spanish makers, innovators, filmmakers, chefs and creators of all types! Spanish creators can start building their projects now, and launch them to the world on June 2. Do you have a creative idea you’ve always wanted to bring to life? Learn more about Kickstarter here.
“To celebrate the launch, Sónar+D and Kickstarter have partnered to present a curated selection of projects and events in the #MadeWithKickstarter space at MarketLab. The creators of these projects will be there to showcase their work, and to share insights into their unique creative process. Kickstarter is also collaborating with these creators to host talks and workshops touching on all aspects of bringing a creative idea to life. Learn more about these events here.”
Kickstarter also answered a few questions about crowdfunding and what inventors should expect:
Is there a separate Kickstarter site for Spain?
“No — Spanish projects are part of the worldwide community of Kickstarter projects! But if you only want to see projects from home, you can always search Kickstarter by location. Kickstarter will also be translated into Spanish to make launching and backing projects even easier!”
Can I start a project in Spanish?
“Sure! You can use whatever language works best for your project. But we encourage you to think about including translations of your description and rewards, or using our Captions and Subtitles tool to make your project video more accessible. Kickstarter is a global community, and including translations definitely helps your project have a wider appeal.”
What currency will Spanish projects be listed in?
“Euro. Creators can run their projects entirely in euro, using their local banking and business details. When projects are successfully funded, pledges will be collected in euro, too.
“Backers based in the US will see each project’s goal converted to USD. They’ll also see reward tiers displayed in USD, with the euro value alongside.”
Is the information that I share on Kickstarter secure?
“Stripe, our payments partner, also meets and exceeds the most stringent industry standards for security. Information that you provide while pledging or while setting up the account details for your project is protected by an industry-standard software protocol called Secure Sockets Layer (SSL), which encrypts your personal information.
“If you’d like to pledge anonymously, we’d recommend setting your profile name to something that’s not identifiable (example: CatBird10).”
What kind of projects can I fund on Kickstarter?
“Kickstarter focuses on creative projects in 15 categories, and we have a few simple rules that outline what projects need to look like. Kickstarter is a place for making things — it isn’t a site for charitable donations or financial investments.”
Is anyone allowed to start a project?
“Almost anyone, yes. There are just a few requirements. You need to be at least 18 years old, and you should be a permanent resident of Spain. You have to start the project in your own name, or on behalf of a legal entity with a valid business number. And you’ll need things like a mailing address, bank account, identification, and a major credit or debit card.”
What payments methods are accepted for pledges?
“Right now, pledges can be made with any Visa, MasterCard, or American Express card.”
What are the fees?
“Kickstarter only collects a fee when a project is successfully funded. If that happens, we charge 5%. The partners that process payments for us also charge a fee, which varies depending on where you’re located. For Spain, it’s: 3% + €0.20 per pledge. Pledges under €10 have a discounted micropledge fee of 5% + €0.05 per pledge.
“If a project is not successfully funded, there are no fees.”
The first Spanish projects will launch June 2nd. Kickstarter is also now available in the German, French and Spanish languages and to creators in 13 countries: the US, Canada, UK, Australia, New Zealand, Ireland, Sweden, Denmark, Norway, Germany, and France (first project is set to launch on May 27th for French inventors).
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