Connect with us

Crowdfunding

Pub owners in Germany resort to crowdfunding to cope with the pandemic

The Coronavirus has paralyzed the social life. Those who suffer particularly are those who benefit financially from social activities. These include restaurateurs and pub owners from Wuppertal. In order to save the local taverns, some hosts or their regular guests have started donation campaigns on crowdfunding platforms, such as gofundme.com and startnext.com.

Published

on

This picture show some guys cheering with a cup.

What will Wuppertal’s pub and restaurant landscape look like after the crisis? What kind of economy will survive the corona pandemic? Caterers with the means and staff have reopened some of their operations as take-away or delivery services. This is not always an option for pub owners without a catering service.

Discover the most interesting business news and crowdfunding projects with our user-friendly 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.

Contributors to the crowdfunding campaigns are rewarded with vouchers

The pub Köhlerliesel in the Luisenviertel, known and loved for unusual schnapps creations, offers a “quarantine schnapps package” for home use. It can be ordered via social media or by e-mail to info@zumkoehlerliesel.de and the “cheesecake schnapps” or “Mexican” is then delivered to the customer’s place. For those who do not want to drink alone at home, the Köhlerliesel has set up a crowdfunding campaign via the platform gofundme.com. Every non-anonymous donation is at the same time a voucher for the next pub visit.

The Beatzundkekse also relies on crowdfunding, but via the platform startnext.com. No matter if the donation goal is reached or not, the amount is paid out to the pub operators. Donors can choose between a drink voucher, a t-shirt or a schnapps tasting in the amount of their donation.

The faithful regulars of the Wirtschaft Spunk went into action and set up a donation campaign for the owner Andreas Kluczynski “aka Andi”, who has been running the cult pub for 25 years.

“For many in the neighborhood, the Spunk has become a second living room and people have always met to chat, play cards, watch football. To ensure that this will continue to be the case in the future and that Wuppertal will continue to preserve this wonderful little gem for the next 25 years, I ask all Spunk allies to help Andi in the current situation”, wrote Johannes Butterweck, the organizer of the campaign, which has already collected over $6,250 (€5,700).

SEE ALSO  A mentor or a career coach: What do you need right now?

Cafe du Congo broke the record for donations

The Café du Congo is currently breaking the record for donations. The owner Achim Brand himself initiated the crowdfunding campaign. Within 6 days, over $10,970 (€10,000) have already been received. According to Brand, every donation is a voucher that can be redeemed when the café will open again.

“We as a start-up have just started and now 16 months of passion and a lot of private investments are on the brink”, said the Brokat Bar in Arrenberg. “Buy vouchers, donate or join the Brokat Club”, owner Dirk Breidenbruch asked. Donations or a voucher can be purchased via the crowdfunding platform gofundme.com. Membership in the Brokat Club costs €120, starting with the reopening.

The Simonz, itself described as the “germ cell of the Arrenberg neighborhood movement” with “perhaps the most beautiful beer garden in town”, also relies on crowdfunding with vouchers against donations (or donations without vouchers) and puts its finances openly on the table: “€6,400 a month can save us. For rent, utilities, health insurance and the basic existence of the team and the tenant Sonia with her three children. As long as no official aid programs are in place, we are dependent on you.” So far, almost €2,000 have been collected for the Simonz.

The association Utopiastadt, based at Mirker Bahnhof, which runs the Café “Hutmacher” among others, relies on crowdfunding too. “Utopiastadt is a place that brings people together, works for the common good and changes the city, a place that is particularly affected by the shutdown, as the closure of the rooms and areas means that essential income from rent and events is lost. This threatens both the continued operation and the financing of the areas that Utopiastadt was able to secure last year with the help of a loan for the city society,” wrote the initiators. Donations can be made via the startnext.com platform, and the entire amount of the donation is paid out to the association.

SEE ALSO  4 options to consider when planning for your retirement

__

(Featured image by Free-Photos 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 wuppertaler rundschau, 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.

Valerie Harrison is a mom of two who likes reporting about the world of finance. She learned about the value of investing at a young age upon taking over her family's textile business when she was just a teenager. Valerie's passion for writing can be traced back to working with an editorial team at her corporate job, where she spent significant time working on market analysis and stock market predictions. Her portfolio includes real estate funds, government bonds, and equities in emerging markets such as cannabis, artificial intelligence, and cryptocurrencies.