Connect with us

Crowdfunding

Crowdfunding Platform Stadtwerke Stuttgart Opens for Socially Sustainable Projects

Anyone who would like to secure the benefits offered by the Stadtwerke Stuttgart platform for their ecological, social, integrative or inclusive project can now become active on the Stuttgart Crowd. Previous experience in crowdfunding is not required, because experienced coaches accompany each project starter through all phases from the initial idea to the successful disbursement of the crowdfunding sum.

Published

on

For around one and a half years, the crowdfunding platform of Stadtwerke Stuttgart has been supporting ecologically sustainable projects. During this time, a donation sum of more than $122,500 (€110,000) was collected on the Stuttgart Crowd. On the occasion of its 10th anniversary, Stadtwerke Stuttgart now wants to extend this success story to socially sustainable projects – to this end, the funding pot is being replenished substantially.

“The results of the past 18 months have shown that there are many committed citizens in Stuttgart who are committed to a livable city with very different projects. However, in addition to the ecological component that we represent as an Energiewende municipal utility, social aspects are also an important pillar of sustainability. That is why we also want to make a socially sustainable contribution in a challenging time for all of us,” Peter Drausnigg, Technical Managing Director of Stadtwerke Stuttgart, explains the move.

Read more about the crowdfunding platform of Stadtwerke Stuttgart and find the latest financial headlines from around the world with our companion app. Born2Invest mobile app makes it easy for you to keep informed, to intuitively move from story to story, and from section to section. Our clean design lets you read articles without clutter, and use the app with no limits on how many articles you can view.

$11,000 (€10,000) in the anniversary funding pot

Crowdfunding means helping people to help themselves, because the respective project starters have to activate their own environment, their “crowd”, in order to collect donations. However, Stadtwerke Stuttgart provides the decisive boost: the first 10 projects of the #wirfeierndie10 campaign receive start-up funding in the amount of $278 (€250), and, in addition, a funding pot in the amount of $11,000 (€10,000) is available. On top of each individual donation of at least $11 (€10), Stadtwerke will add another $22 (€20) from this pot.

SEE ALSO  These cloud applications are best for medium-sized businesses

Anyone who would like to secure these benefits for their ecological, social, integrative or inclusive project can now become active on the Stuttgart Crowd. Previous experience in crowdfunding is not required, because experienced coaches accompany each project starter through all phases from the initial idea to the successful disbursement of the crowdfunding sum.

Creative ideas for a livable Stuttgart

LED floodlights for junior sports, insect hotels for schoolyards, CO2-free class trips, or sharing load bikes with e-drives – in the past, crowdfunding by Stadtwerke Stuttgart has supported numerous partners such as Stuttgarter Kickers, the Nature Conservation Union or various Stuttgart schools in implementing ecologically sustainable projects.

The range of projects here extends from urban mobility and animal welfare to the innovative use of sustainable technologies. “There are enough ideas. We are sure that by opening up the crowd for social projects, we can provide further impetus for Stuttgart,” said Peter Drausnigg, looking optimistically to the future.

__

(Featured image by wolfgang_vogt via Pixabay)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in STUTTGARTER ZEITUNG a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us

Anthony Donaghue writes about science and technology. Keeping abreast of the latest tech developments in various sectors, he has a keen interest on startups, especially inside and outside of Silicon Valley. From time to time, he also covers agritech and biotech, as well as consumer electronics, IT, AI, and fintech, among others. He has also written about IPOs, cannabis, and investing.