Is Crowdfunding a good financial instrument for cultural heritage initiatives? We are convinced, it is!
Is Crowdfunding a good financial instrument for cultural heritage initiatives? We are convinced, it is!
Over the past few months, partners from 8 regions of Central Europe have been working intensively on crowdfunding campaigns for projects on Intangible Cultural Heritage (ICH). The campaigns are our ARTISTIC 2nd pilot action, under which we will test this social financing tool to support ICH projects.
Crowdfunding will support our projects by involving a large number of small investors, but this crowd involvement requires also a great commitment from the ICH originators, as this financing tool affects our surrounding and requires thoughtful actions to ensure the success of each campaign. But especially for ICH, the potential added values pay off the efforts for a campaign.
