How do I start a project?
Click the green “Start Your Project” button on the start page. That will take you through the process of building your project. All projects must meet guidelines of
Start51.com and all creators must be eligible & meet all requirements.
Before jumping into the project, do some research, read through Start51.com tips
on how to structure your project. Talk to your friends about your ideas to see what
they think. Look at other projects on Start51.com that are similar to yours. All of this
work will pay off.
Why can’t Start51.com guarantee projects?
Start51.com supports project full of innovation and ambitious ideas. Many projects
that you see are in early stage of development and are looking for supporters to bring
them to life. We allow creators to take risk and attempt to create something new;
at the same time keep 100% ownership and accountability with them only. Thus
Start51.com is just a platform for creators and audience to work together to make
Will Start51.com refund money if the project is unable to fulfill?
NO, Start51.com does not refund since transactions are done between the contributors
and the creators. Creator receives all funds (after fee) soon after the campaign ends.
What should creators do if they are having problems completing their projects?
“Project update” is the tool provided on the website to connect with the contributor.
It explains the situation. There can be speed bounce while creating something new
and most of the supporters would understand as they want to see something being
created and they like to be part of it. Those creators who are honest and transparent
will usually find supporters since the supporters understand their plight.
Many times the execution of a project is more difficult than anticipated. It is also not
uncommon for things to take longer time than expected. If the creators are working
with all their efforts and are transparent about it, the supporters will keep patient and
allow time extension while demanding continued accountability.
If a creator cannot fulfill the project he will have to find a solution by offering refunds,
sharing the details, clarifying how the funds were used and such other actions by
which they can satisfy their supporters group.
How do contributors know if a project will follow through?
Launching a Start51.com project is a public act and creators put their reputations at
risk when they do by sharing their ideas. Contributors look for creators who have a
history of doing so in past and who share a very clear picture of their project such
as theme of their creation, period of its completion etc. Creators are also supposed
to share as much background information as possible so that supporters can take
decisions about contributing to the projects.
If a creator has no experience in demonstrating his project or does not share key
information with the contributors, then the contributors have a negative impact on the
project. They will scrutinize all the parameters such as (1) whether the creator has
included links to any websites that show work related to the project or past projects?
(2) Does the creator appear in the video? (3) Has he connected via face book? In
such cases, the contributors would not even hesitate to demand key information from
a creator about the project. They can however always reach out before contributing
via the “Contact me” button on the project page.
Who is responsible for completing a project as promised ?
The project creator is 100% responsible for completing the project. Start51.com
is not involved in the development of projects at any stage. Start51.com does not
investigate creator’s ability to complete a project and neither guarantees the success
of the project. On Start51.com the supporters and contributors validate the worth of
the project by deciding to fund or not.
Who is START51.com ?
The parent firm “START ONLINE SERVICES PRIVATE LIMITED” is based in
Ahmedabad and is working to add life to ideas by making the side better, finance new
projects to share with us and part of helping the world creation.
What are the fees?
Start51.com applies 5% fee to the contribution collected once the project is successfully funded. The contribution so received will be securely processed by M/s. Citrus Payment Solutions Private Limited. The project process fees works out to roughly 1.25% to 2.5%. View the fee break down here*.
Do contributors get ownership or equity in the projects they fund?
Start51.com cannot be used to offer financial return or equity. The project creator
keeps 100% ownership and takes 100% responsibility also of his work. The idea of
Start51.com is to support projects to come into life and not looking to its financial
Where do contributors come from?
The project creator spreads the word and his family and friends spread the word
further via. Press, blogs, face-book, twitter and linkedine. Once the ball starts rolling,
then START51.com steps in and supports the project.
Why do people contribute to projects ?
A copy of what is being made; a limited edition or a custom experience related to the
projects etc. are what makes a friend/family/supporters becoming a contributor. The
Supporter knows his friends and may be inspired by their ideas and start contributing
to it and in that way a project gets contribution. Contribution to a project is more than
giving someone money but it is supporting their dream to create something that they
see value in it.
Does Start51 screen projects before they launch?
All projects that go on-line have to meet the guidelines of Start51.com At
Start51.com, let the contributors decide the worth of a project by their decision to
fund it or not. The creator’s ability to complete the project is not investigated by
Can Start51.com be used to fund anything?
Well in a way yes, but not anything. It can be used to fund any creative idea from
the fields like Dance, Design, Fashion, Film, Art, Comic, Games, Music, Food, Theatre,
Technology, Photography and publishing are the different fields in which Start51.com
support CREATIVE PROJECTS. A project on Start51.com has a clear goal like making
work of art, writing a book, record an album. A project has to have a start and end;
eventually be completed and something produced out of it. Start51.com do not
support “fund my-life” projects, charity or “gift-me” projects.
Why is funding all –or-nothing?
If some one wants Rs.5.00 lakhs for creating a project and gets only Rs.2.00 lakhs,
then he might not be able to complete the project that he originally aimed for. Thus it
is risk both for the contributor and the project creator; at the same time it motivates
supporters to become contributors for the creator to attain the target.
How does START51.com work?
There are varieties of creative projects for collecting contribution on Start51.com
at any given moment. All projects are independent and are created by common
persons like us. The persons may be film makers, musicians, artistes or designers. On
Start51.com they have complete control and responsibility over their projects. Profit
is built over weeks by shooting their videos and brainstorming what reward to offer to
contributors and making project pages. Once the project is prepared and approved,
then the creator launches these projects and shares it with their social net work. The
project creator will set a financial TARGET and will have 51 days to collect contribution.
If people do like the project, then they will come forward to contribute to make it a
reality. If the project succeeds and reaches its target within the stipulated time, the
project creator gets the entire amount of contribution collected and if the projects falls
short, then the funds collected are returned to the contributors. START51.com is all or
nothing model for fund raising.
What is START51.COM ?
Start51.com is a crowd funding platform for projects that are created; from films to games, music to technology, art to design. Start51.com adds life to creative ideas and projects which are full of ambition and innovation with direct support of contributors.