How could you finance a partnership?

[Partnering For Good Course Leader]

Describe an innovative way of financing a partnership in the discussion forum, its advantages and disadvantages.

[Katie]

crowdfunding

[Lina Yismeray]

You create a fundraising campaign specifically for that partnership. The main challenge would be to attract larger donors who feel tied to the common goal and ensure that the raised resources are sufficient to continue the work. And advantage could be the fact that neither party commits its resources or holds more power in the relationship.

[Irina]

Hosting a hackathon for the particular challenge that the partnership is trying to achieve. Through this approach you can gain visibility for the project, identify new potential partners and also secure funding from the public and donors.

[Aizeyosabo]

you can raise funds from a go fund me platform, this gives you visibility and let people who see and find the project viable to become possible partners it might be slow as one of its pitfalls

[Priya]

Crowdfunding is a very innovative and easy way of financing followed by angel funding.

[Marta]

This is a long shot but, for some specific cases, what about gamification?

[Holiday]

Financing the partnership project based on NFT: Creating some NFTs (in the theme of the project) and selling them, each owner of a NFT will have some part in the project (similar to the stock trading, but out of the market).

[Daria]

A new way is fundraising campaign (f.e. WWF uses it). And also you can give some small things for contributing to you partnership