Crowdfunding Arab/Middle East: Crowdsourcing Platforms To Choose From
Are you looking for platforms meant for crowdfunding Arab based projects? Well, let us help you out in your search. Unlike the U.S and Euro Zone, middle east houses only few. However, even so what they have are something to boast of. One cannot use it to gauge its network’s ability to deliver success.
But the question here is… Will its platforms accept any kind of creative idea? Is it as free as that of the west? Is there something that entrepreneurs should know first before crowdfunding Arab based platforms?
Things To Consider With Crowdfunding Arab Based Platforms?
Middle East countries are very strict when it comes to their religious views. They always make sure any endeavor is in the law of Islam. That is to lend money without interest. And as well as to not to support in ideas that do not comply with the said law. Examples of this is a gambling house and the likes.
So, do consider these things first before you go crowdfunding Arab based platforms. To give you ideas what are these platforms do refer to the following below.
Crowdfunding Arab Based Platforms
This is one platform for projects looking for a target goal of no more than $5,000. It is supported by Middle East based VC’s. The platform follows an all or nothing funding model like that of Kickstarter.
Projects submitted in this platform are subject to its review. That is before it will go live for social communities to see online. Those that will not make it to its standard will be given help. The entrepreneur behind the idea will be trained under its expert personnel. This is one platform crowdfunding Arab projects who have a small network of supporters. It had been said that they have only had 70 in total.
It is based in Dubai or UAE. But it accepts creative ideas from internationals. However, this is so if provided that it is for crowdfunding Arab based projects. In other words, creative ideas must benefit the Middle East region.
It is for different creative ideas. Although, if you will visit the site you will see that most published there have something to do with films. But it also accepts science inspired projects and any form of creative ideas.
This is a non-profit crowdfunding Arab platform based in Egypt. It had just launched the service last year on October 2012. But what makes it stand out is that it is both for crowdfunding and crowdsourcing ideas. Projects looking for funding support or finding solutions can come to this platform.
This is one platform for crowdfunding Arab based projects. It is based in Beirut, Lebanon. Here, people can raise funds for their small needs.
Do you know any platform for crowdfuding Arab based projects? Well, let us know in your comments. Why not connect with us on Facebook, Twitter or Google Plus? Do visit us on Tumblr,Weebly and LiveJournal.