#SpreadGood
The Act for Impact movement already supported more than 50 women entrepreneurs and impact makers. Bank of the West heavily focuses on leaving a positive impact in the world. Together with Ulule, the largest impact crowdfunding platform, the #SpreadGood program provides free support for a selection of entrepreneurs.
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We meet Kristen and have her introduce herself. In this episode we explore the story behind Barge North Co.
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What is Kristen's drive and how is her project #ACTFORIMPACT?
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How does Kristen tackle the stereotypes of what it means to be a young, woman entrepreneur with a growing family in California?
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Why did Kristen choose for crowdfunding and how does this take The Barlow project to the next level?
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The Pitch Pitch event has taken place at THE VAULT, in San Francisco. What's Kristen's reaction?
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The perks
Cool! How do I participate?
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Step 1
Submit your project to Ulule
Tell us about your project! We’ll get in touch in a few hours to let you know if you qualify.
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Step 2
Launch your project
An Ulule crowdfunding expert will coach you to make sure you get the best chance of success.
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Step 3
Pitch your project
Present your project in front of a crowd for your chance to win a Bank of the West Award!
Events
Come see creators pitch!
Check out the last event in San Francisco
Bank of the West
#ActForImpact
We, at Bank of the West, firmly believe that collective progress will be achieved through growth that is both sustainable and equitable.
So in addition to helping address climate change through our strict financing policies, we are also focusing on women entrepreneurs and social programs.
Let’s all together create positive change in a world that demands it!
Questions?
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Am I ready for crowdfunding?
- Makers, entrepreneurs and project makers of all kinds use crowdfunding to pre-sell items or to fund their development ambitions (fair costs, purchasing new equipment, storefront launch, etc). Crowdfunding can be for everyone: the project details don’t matter, as long as you’ve got a creative idea or initiative! Our platform allows you to discover and support original, creative and community-minded projects. Projects are funded only if they reach (or surpass!) their objective.
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What is Ulule?
- Ulule is one of the leading crowdfunding platforms in the world, with over 25,000 projects funded. We provide a unique winning combination for project creators: exclusive and expert coaching, proactive local involvement, and most importantly visibility across an immense group of contributors across the world. This accumulates to an overall 65% project success rate, twice as high as Kickstarter, Indiegogo or any other platform. You can call us a “no-brainer” when it comes to crowdfunding. For more informations, read our terms of use.
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How do I participate?
- To participate in #ActForImpact, make sure your project fits into one of these two categories: women entrepreneurship or positive impact. Then to launch a crowdfunding campaign on Ulule, apply here. You will also be coached by Ulule to make sure you get the best chances of success.
Your proposal will be sent to a selection committee for further review; the committee selects the projects that will be moving forward to the Pitch Pitch event. If your project gets selected, you will pitch your project in front of an eager crowd and get a chance to win the Bank of the West award!
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What's the grant procedure?
- 1. Starting from 2020, the #ActforImpact grant is $5,000 USD
2. The campaign needs to be backed by at least 10 backers (excluding the project owner) before receiving the grants
3. The winner receives the grants on his or her campaign while it's still live
4. The project needs to be successfully funded after the deadline in order to receive all the money (the grants can be used to reach the goal)
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Legal information & disclosure
- *Please note that Bank of the West is sponsoring the Pitch Pitch events as an opportunity for entrepreneurs' own consideration, but Bank of the West is not endorsing or recommending crowdfunding as a fundraising technique for any given business. Participants need to do their own research to determine if crowdfunding is an appropriate fundraising technique for them. Bank of the West is hosting the Pitch Pitch event venues and supporting projects achieving successful campaigns through its contributions (for example, $2,000 - $5,000 to each of the winning projects), but Bank of the West is not responsible for the crowdfunding services, including any decision by Ulule to not advance any project submitted, the quality of the coaching by the Ulule community captains, or the success or not of any Pitch Pitch. Participants are entering into a contractual arrangement solely between themselves and Ulule. Participants should read Ulule's posted Terms and Conditions and Privacy Policy carefully and make sure they understand the funding conditions and what rewards, if any, they are committing to pay.
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