Crowdfunding has become one of the go-to fundraising tactics for entrepreneurs and companies. It allows them to get members of a particular community or crowd to fund interesting ideas or projects. This is no different for the education sector. In today’s world, there is always a need for new ways to educate people of all ages, from elementary and high school students, to those in tertiary level institutions and working professionals who need to brush up on new skills.
The main crowdfunding platforms are Kickstarter and Indiegogo. Educational platforms, especially those with a focus on technology are using crowdfunding to help make their projects successful. One of the campaigns we’ll mention, LiveEdu, is using Indiegogo but there are a few campaigns on both platforms as well as others. LiveEdu’s campaign is new but we’re going to be taking a look at some campaigns which have already been successful as well.
Let’s take a look at some of the campaigns:
LiveEdu is a live and video tutorial learning platform where content creators teach learners how to build real products. A current campaign, LiveEdu lets you use practical tutorial projects to learn how to build products from the fields of programming, game development, data analytics, design, augmented reality, virtual reality, artificial intelligence, and cryptocurrencies. The skills you learn on LiveEdu can have a big impact on your career now and in the future. What makes this campaign interesting is that it focuses on practical tutorials, instead of the theoretical knowledge found in other online learning platforms.
Snatoms are a molecular modeling kit where the atoms snap together magnetically. They kit contains atoms representing hydrogen, oxygen and carbon. This successful campaign raised over $600k a couple of years ago. What makes this campaign particularly interesting is the way it seeks to teach basic science concepts. Previous atom models had to be constructed using sticks to hold them together. With Snatoms, the atoms just snap together magnetically, making model construction easier and more realistic.
Orboot is a smart globe which uses AR technology to teach children about different countries and cultures. The company has already raised 81k towards the target but the globes are still in the manufacturing stage. With the help of an accompanying smartphone or tablet app, Orboot can take children on a fascinating journey around the world where they can complete puzzles, take quizzes and listen to stories as they learn.
The deep learning A-Z online course in Artificial Intelligence is an online course developed on Udemy to teach people everything they need to know about artificial intelligence and how important it is in their careers going forward. They cover topics such as deep learning, machine learning and uses coding languages such as python and R. This successful campaign was interesting as it delivered a comprehensive course in a field which is still growing and evolving.
Educational technology is constantly changing and improving. For new ideas to be successful funds need to be raised to carry out projects. Crowdfunding is one way of doing this as evidenced by successful campaigns such as Deep Learning A-Z. Hopefully LiveEdu’s campaign can be just as successful, so that education technology continues on its prosperous path.