Crowdfund open-source creative, cultural, social, scientific, educational and technological projects with Goteo's match-funding model, donation and rewards based system.
Goteo is an open-source crowdfunding platform aimed at promoting and funding projects focused on the common good and social change. Launched in 2011 in Spain, Goteo uses a system of collective, collaborative funding based on small donations to support innovative citizen initiatives and grassroots projects striving to have a positive impact.
Goteo employs a unique model of match-funding where projects must reach a minimum funding goal from crowd contributions to unlock additional institutional backing. This seed funding helps promising socially-minded ventures get off the ground. Campaigns on Goteo run for a 40-day period to raise funds from individual donors who receive symbolic rewards for their support.
In contrast with conventional for-profit crowd-funding sites, Goteo is focused on facilitating open, transparent peer production. It aims to promote open source values, knowledge sharing, remix culture and digital commons. The platform provides an avenue for non-profit ventures, social enterprises, co-ops, collectives and microbusinesses creating open source software, open data, open design, open hardware, open education resources, open culture and scientific research for the public good.
Since its launch, Goteo has enabled over $10 million in funding to more than 1,000 projects advancing causes like government transparency, environmental sustainability, social justice, independent media, community networks and more. It provides campaign creators with resources, tools and support while giving individual donors and institutions the ability to democratically support impact-driven, ethical projects focused on social transformation.
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