New Zealand Art Gets Major Crowdfundng Boost
New Zealand Art Gets Major Crowdfundng
Boost
Boosted announces launch date and Entrepreneur Derek Handley as Chairman
Boosted, the Arts Foundation’s crowdfunding website, is set to launch on Thursday 21st March and will provide an exciting new way for New Zealanders to engage in the arts.
Boosted will go live with a number of projects, which
include; a public art work project from Christchurch Art
Gallery, The Juniper Passion - New Zealand’s first
ANZAC Opera, sculptural installations at Sarjeant Gallery
and Corbans Estate Arts Centre, several new documentaries,
and APRA Silver Scroll nominated band Five Mile Town raising
funds to complete their debut album.
Boosted is also
announcing Derek Handley as Chairman of Boosted’s Board of
Directors, a board which is currently being established by
Handley.
Handley is a co-founder of newly NZAX-listed
Snakk Media, mobile marketing and media company The
Hyperfactory, and global business leadership initiative The
B Team.
“Boosted is a new phenomenon in fundraising
for the arts in New Zealand and an exciting development for
the Arts Foundation, New Zealand’s leading arts
philanthropy organisation. It perfectly represents the
future collision of technology, entrepreneurship and giving
that is to destined activate philanthropy for the digital
generation” said Handley.
Boosted is also establishing of an advisory board including; Vaughn Davis, social media commentator and Creative director of the Goat Farm; Brani Mead, former Director of the Hyperfactory; and TV Personality Brooke Howard-Smith.
Crowdfunding took off in the United States over three years ago and has raised hundreds of millions for creative projects worldwide. Like other crowdfundign sites, Boosted will publish arts projects on its website with a fundraising goal and a timeframe to achieve this target. People are invited to pledge an amount that suits them, from as little as $5.
“Crowdfunding creates an exciting philanthropic environment that everyone can participate in”, said Renee Tanner, Boosted Manager.
Boosted offers some innovative differences to other crowdfunding websites. Most notably, all donations to successful projects will qualify for a tax rebate of 33%. This is because all donations will be made to the Arts Foundation for pre-approved projects.
“By getting behind the projects, the Arts Foundation expects to increase donors’ confidence in supporting the arts”, said Tanner. “It also provides a solution for New Zealand arts projects that struggle with the idea of asking for money. The culture of the site is about collectively growing the arts in New Zealand by contributing to projects, not trading rewards or making a plea for support”.
Boosted Manager, Renee Tanner is excited by the imminent launch of a project she has worked so passionately on for the past year.
“Perhaps the most exciting outcome of crowdfunding is its potential to create cultural change. Artists who are successful in using crowdfunding will have new encouragement to articulate their vision, based on their personal aspirations as artists. Audiences will have a new way of participating in the arts as investors in the creative process. The Arts Foundation will encourage artists to establish crowdfunding campaigns at different stages of their artistic process. This will provide new experiences for audiences and an invigorated community around the arts. Crowdfunding is a revolution. It is about empowering artists to inspire people to join their endeavours and we invite everyone to get involved!” added Tanner.
Boosted projects represent disciplines across the arts spectrum, from film to performance, to dance, publishing, sculpture and visual arts.
The New Zealand population is one of the most philanthropic in the world. When measured as a percentage of GDP, New Zealand is second only to the United States for giving to charity. Boosted opens the arts to New Zealander’s generosity and will provide a significant boost to the sector.
Boosted would like to thank
its own supporters, who through their generosity have
ensured the successful launch of this exciting initiative.
These organisations include The Lion Foundation, core
funders to the project; Strategy: Design & Advertising,
Auckland who created the brand design and NV Interactive who
developed the website; Cathy Campbell Communications, Stem
Creative, Macquarie Private Wealth New Zealand and Jaguar
New Zealand, companies that have donated their time and
industry leading skills to bring the brand to life, and to
ensure the Boosted platform delivers from day one.
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