Finance
Project
March 12, 2021

Identifying Crowdfunding Success Factors for Social Projects

Crowdfunding social projects is an innovative and inspiring way to foster cooperation and collaboration within our society. By democratizing access to funds, it ensures that any entrepreneur has the support needed to implement a project. These projects often work on a "all or nothing" basis, where the project only gets funded if the initial funding target is met. The project in question aims to determine the key factors that influence the success of a crowdfunding campaign, helping fundraisers improve the quality of their campaigns and, as a consequence, increase the chance of hitting the funding targets of their projects.

The project, developed in partnership between the multidisciplinary team of Nova SBE Data Science Knowledge Center and PPL Crowdfunding, has developed a predictive model that estimates the likelihood of a campaign reaching its crowdfunding goal. In addition to informing the predicted probability of success throughout the campaign, the tool also points out the main factors responsible for the forecast. This information will support PPL in providing timely feedback to fundraisers on how to best set up their campaigns, as well as proactively react to ongoing ones, in order to maximise the chance of raising the capital required for their projects.

Nova SBE Data Science Knowledge Center

Nova SBE Data Science Knowledge Center

Data Science KC aims to advance knowledge about data-driven decision-making and its application in society. Our position in a school of business and economics, and our understanding of social sciences, technology, programming, and statistical methods, allow us to bridge the gap between organizations and technology that generates, processes and uses data for creating impact.

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8. Decent work and economic growth
10. Reduced inequalities
17. Partnerships for the goals
Finance
Impactful stories
SDG
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PhD Series - Meet Fahiz Baba-Yara

Fahiz Baba-Yara started his PhD journey in Economics and Finance in 2015. His research focus on finance, specifically how machine learning models help us make better this decision and how we can improve the forecasting ability of these machine learning models. Fahiz is now heading forward to Indiana University as Assistant Professor from next semester.

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young business woman
Finance
Research insight
SDG
16

Competition and cooperation in mutual fund families

How do competitive and cooperative fund manager incentives affect fund and family strategies and outcomes? ‍The research article addresses this question.

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Finance
Project
SDG
8
16
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How will FinTech impact financial services and society?

FinTech in Iberia and sub-Saharan Africa Report. This is the first output of the FinTech Initiative, a joint partnership between Nova SBE Finance Knowledge Center and Nova SBE NOVAFRICA Knowledge Center, under the Social Equity Initiative, promoted by BPI | Foundation "la Caixa".

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