Agriculture

Even crowdfunding can’t save this family farm

Even crowdfunding can’t save this family farm

“There’s three things that I wanted out of life,” says David Best as he stood in the machine shed behind his house in Tryon, Prince Edward Island. “Plenty of friends, average health and to be able to pay my bills on time.” The bill-paying — the mortgage — is the problem. This summer, the Bests launched a crowdfunding campaign in a last ditch effort to save the family farm, the last family-owned potato farm in their district. Also this year, for the first time in decades, the Bests grew no…

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The Kickstarter Culture Wars

The Kickstarter Culture Wars

Plans to grow genetically modified plants ignited a firestorm at Kickstarter. They shouldn’t have Whether lit by Fairies in a children’s book or special-effects magic in Avatar, the sight of plants glowing in the dark has a special charm. We respond to lighted plants with wonder and joy. So it’s not surprising that a plan to produce glow-in-the-dark plants proved wildly popular on Kickstarter, the crowdfunding website. In 44 days, the project raised more than $484,000–more than seven times the goal of $65,000–from 8,433 donors. Using genes from bioluminescent bacteria…

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Crowdfund campaigns catch on in Canada

Crowdfund campaigns catch on in Canada

Crippled by mounting financial debt, father and son duo David and Brian Best had few options left to save the potato farm their family has operated in Tryon, P.E.I., since the early 1930s. It was a customer who dropped in to Best Acre Farms to buy seed potatoes that sparked the family’s current bid to save their livelihood – crowdfunding. “I told him I was pulling strings to find out how I can source money, and he said, ‘Well, you might try crowdfunding’,” said Brian Best. Best did just that,…

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Is Crowdfunding The Future For Biomedical Research?

Is Crowdfunding The Future For Biomedical Research?

Microryza.com (not the catchiest of names) is a crowdfunding platform for research that raises money over the Internet from individuals who are willing to donate small amounts to fund a specific project. The average donation according to Microryza is $92. In return for a 5 percent cut of funds raised and a 3 percent credit card processing fee, Microryza provides researchers access to a website where they can solicit money from the public to fund their research. Crowdfunding is typically an all-or-nothing deal, where donors only have to pay their…

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Crowdfunding For Environmental Change

Crowdfunding For Environmental Change

Crowdfunding is a tool for sustainable innovation and community building that could end up making our neighborhoods safer, our country cleaner, and our democracy more vibrant. Maybe there’s an unsightly vacant lot in your neighborhood that needs cleaning up. Or maybe Hurricane Sandy or an ExxonMobil oil spill devastated your community. Whereas residents previously had to rely on the government to lend a hand or pick up their own rusty shovel, they are now granted another promising option: crowdfunding it back to health. Crowdsourcing capital doesn’t just bring to market…

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CFB UK Edition

Holland Edition