The Spark Project
About the organization
The Spark Project is an online community for like-minded Filipinos to support and crowdfund their creative, innovative, and passion-driven projects.
Through the site, innovators are able to submit their project ideas for funding. Likewise, supporters can browse through the platform and discover different campaigns, watch their video pitches and be inspired, and then get back great rewards from projects they've chosen to support.
Although existing forms of funding like venture capitalists, angel investors, grant giving bodies, and banking institutions are present; they are not readily available year-round and sometimes cater only to a specific niche. At the end of the day, only a few among hundreds of equally compelling ideas get the funding they need. The Spark Project aims to change all this and address the country’s need for more entrepreneurs and change-makers by democratizing the disproportionate distribution of funding capital.
Services to social enterprise, co-operatives, non-profits, charities, etc.
What makes it a social enterprise?
There is no initial cash outlay to crowdfund your project. This means you don’t have to pay anything for you to be able to use our platform. We would however get a minimal percentage of 5-10% (on top of applicable Paypal fees) out of every peso you successfully raise. This will be used for the maintenance and improvement of the website and its services.
What is its social cause?Social enterprise development
Who does it impact?Other social enterprises, co-operatives or charities, etc., General population
Resources to learn more about The Spark Project
[Tech in Asia] The Spark Project: Crowdfunding in the Philippines Lets Many Hands Make Light Work
[Ateneo de Manila University] Have a Creative Project But No Funds? Try "Crowdfunding"
[theBobbery] The Spark Project, Crowdfunding Filipino Social Enterprises #Sparkitnow