Government of Alberta Announces new Crowdfunding Platform for Nonprofits

The Government of Alberta has announced a new crowdfunding platform, intended to support organizations to fundraise online.  According to their release, the Crowdfunding Alberta platform is meant to “enable organizations to quickly raise money by collecting small, individual contributions from a large pool of donors through an online platform and help donors find local non-profits and causes they care about”. In addition to managing the platform, the government is providing $1 million in “top-up” funding aimed at encouraging donations through the platform.  

To receive top-up funding, organizations must set a minimum goal of $5,000 and reach 75 percent of this goal within four weeks. Organizations can run any number of campaigns; however, the top-up funding can only be received once per organization in a fiscal year and the maximum that can be received is $2,500.  

Organizations can read the eligibility guidelines for accessing the platform and campaigns here and register here.