Frequently Asked Questions

We do not charge backers and it doesn't cost anything to create a campaign. There is a 4% fee on the money you raise when you meet your funding goal.

That depends both on how much is required to set up your project and on what you can realistically raise.

Successful crowdfunding always starts with your social network. How many people within your network would contribute to your campaign? How much are they likely to contribute?

Sponsume welcomes a wide variety of projects.

Creative projects of course (films, documentaries, music, concerts, festivals, dance, plays, musicals, photography, etc.). But also startups, software, new products, exhibitions, balls, sporting events, social enterprises…

You name it, we Sponsume it!

It’s by selling project vouchers that you raise money. People may buy your vouchers because they like you, your project or the rewards you offer…

So think carefully about your public and the rewards they’d like to see. There are so many ways of rewarding the people who back you!

For instance, you may offer a discount on your product, the right to be an extra in your film, early release of your product to backers, VIP tickets, dinner with you and your team, the right to choose the bands invited to your festival… Your imagination is the limit.

On Sponsume, you retain full ownership and control of your project at all times - it is your baby after all!

Note that you cannot offer shares, income-sharing schemes, royalties, loans or any form of investment or transfer of property rights through Sponsume.

Please also make sure that your project does not infringe on existing intellectual property rights.

Absolutely.

If you don't meet your funding goal, you can still keep the money you raise with your campaign. Sponsume charges a 9% fee on campaigns with unmet funding goals.

Nope - Sponsume can be used worldwide! Please bear in mind we currently offer funding in either Pounds Sterling or Euros.

All you need is a video introducing your campaign and proof of ID (passport, national EU ID card, driving licence).

Up to you. Maximum of 90 days.