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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.

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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.

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$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.

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.

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(Featured image by wolfgang_vogt via Pixabay)

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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.

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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.