How to Use StartMe

Can project proposals raise more money than the target?

Absolutely! It may actually be a good idea to keep the target lower, so that you reach your target, ensuring your funding and in turn, convince others to fund as they can see that it's a successful pitch.

What information do I need in order to create my project?

A proposal is your way of selling your idea and your project to potential funders. It's your opportunity to showcase your idea and importantly tell potential investors what is in it for them. Why should they choose your project rather than another? This is where being creative with your incentives come in. The more attractive and unique the incentive the better. So, the more interesting, fun and worthwhile you can make your project sound the easier it will be to gain support and raise funds. A really compelling description written clearly and with passion is a must-have. Using a video is great way to convince people to contribute to your project and may entrepreneurs have found this to be very effective. You will also need a PayFast account, as all funds will be transferred over to this account at the successful end of the Proposal.

How do I create a project?

It’s easy and free to create a project. We don’t have an application process, so you can get started right now. Click here to create your project.

What do I need to do to have a successful project?

There are many factors that contribute to a successful project. Learn more about how to create a project here.

Is it possible to raise more than the Target amount?

It sure is. The Pitch will stay available for contributions until the end of the funding period. Unlike some other crowdfunding sites, we don't charge a higher rate of commission on the extra amount raised.

What happens once the project target amount is raised?

Once the funding target is reached, the funds are transferred to the Founder's PayFast account. Following this the Founder will begin to distribute the Rewards directly to all contributors.

How much does StartMe cost?

StartMe is free to join. There is a fee on any money that is raised, which is 5% of the money you raise if you meet your goal or 9% if you do not meet your goal. For more on fees, see our article: Pricing & Fees How do I get featured on the homepage?StartMe is a merit-based platform where the most active projects are featured based which type of projects receive the most page views.

Can I cancel my account?

You can cancel your account as long as you have not raised any money. Accounts that have raised money must remain active. Contact This email address is being protected from spambots. You need JavaScript enabled to view it. to cancel your account or project.

What if I don’t reach my funding goal?

If your project is set up as Flexible, you will be able to keep the funds you raise, even if you don’t meet your goal. If your project is set up as Fixed, all contributions will be returned to your funders if you do not meet your goal. Flexible Funding projects that meet their goal are only charged 5% as our platform fee, whereas projects that do not meet their goal are charged 9%.

How does crowdfunding work?

For an article answering the question How does crowdfunding work click here.

 

end faq

{accordionfaq faqid=accordion3 faqclass="lightnessfaq greenarrow headerbackground headerborder contentbackground contentborder round5" active=item1}

Help is at hand!

Do you need help logging in?

Want to add a new project?

Want to delete a project?

None of the above - get in touch This email address is being protected from spambots. You need JavaScript enabled to view it.