8. Decent work and economic growth
17. Partnerships for the goals
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.
We all have a role to play
With just ten years to go, an ambitious global effort is underway to deliver the 2030 promise. We want to take a stand and we are calling on our community to showcase how they are contributing to the 17 Sustainable Development Goals, whilst influencing more and more people to unravel their role to play.
Here, you will find four different ways your ideas can flourish, dialogue can be enhanced, and action can take place. You can choose one or all four, and Nova SBE will be there to support you all the way and guarantee tangible change.
We all have a role to play, and this is your way in.