Kickstarter Opens to Slovenia in September

By , 26 Jul 2020, 10:23 AM Business
Kickstarter Opens to Slovenia in September

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STA, 25 July 2020 - Kickstarter will be officially launched in Slovenia in September, as so far users which wanted to present themselves on the US-based global crowdfunding platform had to do it through a company registered abroad.

The platform established in 2009 provides entrepreneurs, artists and organisations the opportunity to present their products, which may be a prototype, and then collect contributions to finance the launch of production.

According to the Slovenia Crowdfunding Meetup community, the Slovenian partner of Kickstarter, more than EUR 4.32 billion has been collected through the platform, and around 185,000 projects have reached the target amount of funding.

Among the projects presented until the end of last year, there were 219 Slovenian projects, with their creators collecting a total of EUR 6.8 million.

In order to present their projects, they needed a company registered in the US or in a country to where Kickstarter later expanded.

In practice, the problem was usually solved by Slovenian authors using a foreign partner, explained Slovenia Crowdfunding Meetup, which has been hosting events and assisting authors who want to present themselves on the platform since 2017.

The main obstacle for the entry of Kickstarter to Slovenia was the Stripe payment system, which has been available in Slovenia since last September.

The most successful Slovenian campaign on the platform so far is the electric bicycle Flykly, which helped its creators collect around US$700,000.

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