A year in crowdfunding in Ireland (infographic)

10 Apr 2012

Stuart McLaughlin of Fund it with the 'Monster Clock' production in Smock Alley Theatre in Dublin City. The production has been crowdfunded via Fund it

A new infographic compiled by Fundit reveals that €538,000 was pledged in the crowdfunding site’s first year, with 143 projects funded.

The infographic gives an interesting flavour to the variety of projects the crowdfunding site has led to supporting.

These include 21 festivals, 23 albums, 11 books, 10 short films, five feature films, five magazines, three apps and two fashion shows.

The all-island crowdfunding website for Ireland’s creative projects was set up by Business to Arts and Martin McNicholl in 2011 to allow people to pledge funding for creative projects in areas such as art, design, fashion, film, technology, music and performance. The site follows a similar crowdfunding model to Kickstarter in the US.

Creative projects that were funded successfully recently using the Fund it platform include a new theatre company’s first production, Monster Clock, which is now running in Smock Alley Theatre.

It also launched a free newspaper about cycling called Cycling in Dublin, set up by Cian Ginty. His target was to raise €3,000 in funding but the paper raised more than €3,500 in the end. Fund it also crowdfunded a second album from Master & Dogs, a band from Co Antrim.

fundit

John Kennedy is a journalist who served as editor of Silicon Republic for 17 years

editorial@siliconrepublic.com