Raise5 is one of eight social enterprises in the first batch of startups from newly launched Chicago-based incubator Impact Engine. Raise5 is an online marketplace and virtual fundraising platform that also serves as a starting point for philanthropic activity.
The "marketplace" aspect of Raise5 stems from its unique model by which potential philanthropists can donate their services in order to raise money for the charity of your choice or in turn, purchase such services in the interest of donating to a charitable or nonprofit cause.
A tool for community participation as much as nonprofit fundraising, Raise5 can be used for something as simple as logo design help or copy editing in exchange for a $5 donation to the charity of the volunteer's choice.
Contact Information
Raise5 website
Raise5 on Facebook
Raise5 on Twitter
Raise5 on Pinterest
Micro-Volunteering Platforms
Raise5 Enables the Charitable Giving of Your Time and Talents
Trend Themes
1. Micro-volunteering - Disruptive innovation opportunity: Develop new platforms and technologies to enable individuals to easily donate their time and skills to charitable causes.
2. Virtual Fundraising - Disruptive innovation opportunity: Create online marketplaces and virtual platforms that connect donors and volunteers, making it easier to raise funds for charitable purposes.
3. Community Participation - Disruptive innovation opportunity: Build tools and platforms that encourage community engagement and allow individuals to contribute to nonprofit organizations through various tasks and services.
Industry Implications
1. Social Entrepreneurship - Disruptive innovation opportunity: Support and invest in startups that focus on creating innovative solutions for social and charitable causes.
2. Online Marketplace - Disruptive innovation opportunity: Disrupt the traditional fundraising models by creating online marketplaces that connect donors, volunteers, and charities.
3. Nonprofit Sector - Disruptive innovation opportunity: Redefine how nonprofit organizations raise funds and engage with volunteers by leveraging technology and virtual platforms.