Funding level

All projects on Startnext have a start level. This start level symbolizes the minimum amount you need for your project. It is at least 100 € or is determined individually by you. A Startnext project is considered successful, so it gets paid out after the end of the funding phase, when the amount of the start level has been collected and the next level is unlocked.

Your individual start level is based on the following 3 factors:

• Credibility: an individual start level communicates to the crowd that you know what you need to deliver on the promise of your idea. Factor in all costs:
  • Personnel costs
  • Project costs: e.g. material, equipment, rent, buffers
  • Product costs: e.g. production, packaging, shipping
  • Fees and taxes
• Rewards: protect the production and shipping of rewards with the individual start level.
• Communicative Draw: You can use this hurdle in your communication plan and get your adrenaline and that of your crowd rising.

Once you reach the start level, the next level will be unlocked automatically. As soon as you have collected the sum of this level, the next level will be unlocked again. This will go on until the end of the funding phase. After that the collected amount will be visualized in your project and paid out to you.

The funding levels are based on the Fibonacci sequence, are calculated automatically and are the same for all projects.

• 100 € - Level 1
• 200 € - Level 2
• 300 € - Level 3
• 500 € - Level 4
• 800 € - Level 5
• 1.300 € - Level 6
• 2.100 € - Level 7
• 3.400 € - Level 8
• 5.500 € - Level 9
• 8.900 € - Level 10
• 14.400 € - Level 11
• 23.300 € - Level 12
• 37.700 € - Level 13
• 61.000 € - Level 14
• 98.700 € - Level 15
• 159.700 € - Level 16
• 258.400 € - Level 17
• 418.100 € - Level 18
• 676.500 € - Level 19
• 1.094.600 € - Level 20
• 1.771.100 € - Level 21
• 2.865.700 € - Level 22
• 4.636.800 € - Level 23
• and so on

Example: If your individual start level is 4000€, then the next level is reached at 5.500€.

• Find a healthy balance between your costs, your reach and your opportunities to define the start level.
• There is a guideline: Each visitor of your Startnext project brings 1€. How many people can you, your team and your multipliers motivate to visit the project?
• The projects that collect at least 30% of the start level in the first third of the funding phase have an 80% chance of successfully completing the funding phase.
• Orientate yourself on the existing fundinglevel amounts, then you can communicate to the outside world already at the start what you intend to do with which amount. 
• Once you've cracked the start level, you use the next fundinglevel to motivate the crowd communicatively.
• You build trust as a donation project if you clearly communicate what you want to do with which amount.
• Donations refer to verifiable nonprofit organizations. If you are not a nonprofit, use the word support.