STEP 1 – Funding Members go on our website and choose a startup(s) of their preference to support. We partner with Europe’s largest sustainable crowdfunding platform, OnePlanetCrowd to co-fund our impact startup projects.
STEP 2 – Through OnePlanetCrowd, We Share Community Members donate money for their chosen cause(s). In order to do so and to be compliant with EU KYC Regulations , donors must create an account with OnePlanetCrowd. 90% of the total contribution from a funding campaign will go to the startup while 10% will stay with We Share to cover our expenses.
STEP 3 & 4 – Every startup raises a certain sum of money – from €2,500 to €250,000.Only when the whole sum is raised, it will be lent out on soft terms by We Share to the impact startup. If the minimum hurdle amount is not reached, each funder for the project recieves their contribution back. Repayments on this loan are returned to We Share – usually after 3-8 years.The loan amount with accrued interest is then returned by We Share to Funding Members.
STEP 5 – Funding Members are encouraged to reuse this money to support a new generation of impact startups and students, thus making our system of funding impact circular.