Following the model of other micro loan ventures, Kickstarter.com is a site where artists propose projects and everyone can contribute to their funding. Project descriptions are posted on the site, outlining the goals, medium, budget and time frame. Anyone can make a financial contribution, for any amount. According to their website more than half the projects achieve their funding goals. Projects are organized by city, and also by type: film, dance, fashion, music, writing, photography, etc. , and are posted for a fixed period (e.g. 30 days). You can track the progress of funding goals, and read follow-ups reports from the artists.
Read more in today’s article in the LA Times.