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Likelihood of receiving funds outside of donation-based crowdfunding in the UK 2014

This statistic shows the likelihood of fundraisers obtaining funding for projects had they not used a donation-based crowdfunding platform, according to those questioned as part of a survey on the alternative finance industry in the United Kingdom in 2014. Approximately 50 percent of respondents reported that they were unlikely to have received financial support elsewhere if they could not have gone to crowdfunding.

How likely is it that you would have received finance elsewhere if you could not have gone to crowdfunding?

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Source

Release date

November 2014

Region

United Kingdom

Survey time period

March to September 2014

Special properties

Fundraisers using donation-based crowdfunding platforms*

Supplementary notes

The source adds the following definition of donation-based crowdfunding: "Individuals donate small amounts to meet the larger funding aim of a specific charitable project while receiving no financial or material return in exchange".

* The source adds the following information regarding the general methodology of the study: "Four stages of research activity were carried out from March to September 2014. (1) Stage one involved collecting primary transactional data directly from alternative finance platforms. (2) Stage two consisted of designing and distributing model-specific questionnaires to survey funders and fundraisers of alternative finance. In total 15,658 users were surveyed. (3) Stage three conducted in association with ACCA and PwC included two external national surveys to understand the level of awareness among consumers of alternative finance. 2,007 consumers and 506 SMEs were surveyed. (4) Stage four was the industry-wide tracking survey among UK crowdfunding associations and P2P associations to gather industrial figures for year 2014. Transactional data was collected for quarters one to three of 2014."

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Statistics on "Crowdfunding"

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