Reward-based crowdfunding: receiving funds without 2014 statistic

This statistic shows the likelihood of receiving funds for financing projects without reward-based crowdfunding, according to fundraisers in a survey on alternative finance platforms in the United Kingdom (UK) in 2014. At that time, approximately 32 percent of users admitted that it would be unlikely they would have received funds from a different source.

How likely is it that you would have received funding without crowdfunding?

Characteristic	Share of respondents
Very likely	6%
Likely	20%
Don't know	21%
Unlikely	32%
Very unlikely	21%

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Release date

November 2014

More information

Region

United Kingdom

Survey time period

March to September 2014

Special properties

Fundraisers*

Supplementary notes

The source adds the following information: "Within reward-based crowdfunding individuals donate towards a specific project with the expectation of receiving a tangible non financial reward or product at a later date".

* The source clarifies the methodology as follows: "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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