When you apply for extra funding, you don’t actually choose a specific amount to apply for. As each fund can vary slightly, the amount applied for will be automated based on each specific fund. For example, sometimes a partner will be looking to pledge 25% of a crowdfunding target on an approved project, and in other cases it will be 50%. Therefore, when setting the target for your Crowdfunder project, it’s important to keep this in mind. 

Although the percentage of extra funding you can receive varies, the maximum that any partner will pledge is 50% of your total crowdfunding target. 

Once your project has been approved, there will also be a trigger point for the pledge to be made and this can vary as well. For example, you may need to hit 25% raised by the crowd before the partner will place their 50% pledge, and you will then continue crowdfunding to raise the last 25%.

Find out more about extra funding

Did this answer your question?