UK to Get Kickstarter Crowdfunding This Month

By Cameron Scott 

Britons will become the first non-Americans to gain access to funding through the crowdfunding platform Kickstarter on October 31, the company said Wednesday. UK users can begin submitting their fundraising proposals now.

Kickstarter offers all-or-nothing funding, in which a project specifies a minimum amount it must raise from contributors on the website. If the project fails to reach its minimum, contributors aren’t billed. The service funds creative projects in areas such as food, film, music and technology. Since Kickstarter launched in 2009, it has funneled more than $380 million to roughly 75,000 projects in the United States.

UK and US projects will be listed together on the website. However, fundraising amounts for British projects will be listed in pounds, and donors will have to enter their payment information directly on Kickstarter. Amazon Payments processes donations for US projects. Kickstarter will also clarify international shipping options for projects that deliver a concrete product to contributors.

Response on the site and on Twitter has been positive. Twitter user and photographer David O’Coimin tweeted from Bristol, “Brilliant! Let’s go UK makers.”