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Instruction

Instruction

This is a team project about crowd funding. Our case is community vision (http://www.communityvision.asn.au/) we have an initiative to raise funds for carers and clients for a social Christmas event, (lunch) so they can have a small gift too. We will raise $ 10,000 which will be $100 per person for approximately 100 people.

Someone else in our group is doing the strategy. This is the key strategy he wrote: (you are writing the  tasks based on this strategy:
Project Strategy

Context:

Community Vision (CV) would like to organize a Christmas social event for carers and clients to get together. This event will give the organisation an opportunity to show its appreciation for carers and volunteers, allow clients an opportunity to socialize and give carers a chance to share ideas. CV does not currently have finances available in its operating budget for this event and therefore needs to raise additional funds. It have chosen crowd funding as the fastest way to obtain these funds

Stakeholders:

Group members, Community Vision and staff, Contact person, Community vision stakeholders, Donators, Event staff and performers.

Resources:
Group members, CV rep (30 min, 4 days per week), CV staff for promo videos, Social media, CF provider (support for queries)

Targets:
Friends and family of group, known supporting businesses, stakeholder’s extended contacts.

Objectives:
Raise $10,000 for Xmas social event initiative by Friday 30th October

Tactics:
Social media will be used to make contact with potential donors. Emailing contacts list and face-to-face meetings will also be included. Rewards will be included for donations. CF site will include promo videos as well as CV statistics and success stories. Rewards include thank you messages on website, CV merchandise, guest invitation to event.

TASK so my part from this team project is to write 500 to 600 words about: (note you are not writing the strategy, please use the strategy above). so based on the strategy above write :
1.    Introduce concept of Crowd funding. (history, benefits. Etc).
2.     SWOT of Crowdfundig strategy with reasoning.

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