A global giving marketplace is launching a £200k crowdfunding campaign on Seedrs that it hopes will boost UK growth.
The platform – eSolidar – enables charities to diversify their fundraising base and reach new audiences through online charity shops, donations and special charity auctions.
Originally launched in Portugal in 2014, the platform has continued to build and was expanded to the UK in 2015. The platform has achieved over 120% growth in the past six months, and in 2016 founder Marco Barbosa was selected for the Forbes “30 under 30 Europe for Social Entrepreneurship in 2016” category.
eSolidar will use the money raised via the crowdfunding initiative to grow its UK market and improve its revenue model by enhancing the user experience further, developing mobile native iOS and Android apps and developing key partnerships in the UK. In addition, eSolidar will be creating an employee engagement tool for the corporate sector and providing extra value services for charities to manage donors, access data analysis and raise resources/awareness.
“We decided to open the company to those who believe in what we are building and want to follow us more closely along our way,” explains founder Marco Barbosa.
“We work to empower and develop the social economy. We believe that by bringing together the best of for-profit and non-profit, we can create a social impact ecosystem to strengthen the fragile bridge between these two ‘worlds’.”
The crowdfunding campaign runs until the end of August.
Best practice of both firms to be combined in the longer term
Intel report provides useful information for charities looking to utilise cloud services
Adeela Warley to join from Friends of the Earth
Funding is available to organisations keen to do more of the good work they do, whether it’s buying equipment, hiring new talent, or progressing with business development plans