Citizen Action Monitor

Fourth graders crowdfund school solar and wind turbine projects

Kids exceed original fundraising goal of $800 to reach the $5,800 mark — and climbing

No 703 Posted by fw, March 22, 2013

“Adam James from the Center for American Progress recently argued that this form of online crowdfunding — through sites like AngelList and Gust as well as Kickstarter — could play a big role in clean tech financing, especially now that President Obama’s recently-passed JOBS Act has opened up this form of financing to smaller investors.”

At the bottom of this re-post, be sure to watch the very short video of these enterprising fourth graders explaining how their solar system will work.

4th Grade Class Uses Kickstarter To Finance A Solar Array Multiple Times Over by Jeff Spross, Climate Progress, March 21, 2013

Budding entrepreneurs

Budding entrepreneurs from Central Park School in Durham, NC (Sebens photo)

Here’s a small story to warm the heart, via Clean Technica: At the start of March, a group of fourth graders from Central Park School in Durham, North Carolina — along with their teacher, Aaron Sebens — set up a Kickstarter campaign to raise $800 to set up a solar array to power their classroom.

“We believe in the sun,” their Kickstarter page says. “And would like to fundraise to get enough money to buy solar panels for our classroom so we do not have to use any electricity from the power plant.”

Apparently, they reached the $800 mark within a single day. Not only that, but they’ve blown so far past their initial target that they’ve set up a list of further goals:

If we can raise $3000 we’ll be able to buy 2 more 145w panels (6 total) and make more than 1kw of clean energy for our classroom. We will be able to send whatever extra electricity we make back through the grid to other classes in the school!

If we can raise $3500 we will be able to buy enough materials for every student in the class to build their own wind turbine!

As of Thursday morning, the class had raised just over $5,800.

Adam James from the Center for American Progress recently argued that this form of online crowdfunding — through sites like AngelList and Gust as well as Kickstarter — could play a big role in clean tech financing, especially now that President Obama’s recently-passed JOBS Act has opened up this form of financing to smaller investors.

In fact, companies like Mosaic are already stepping in to provide solar array financing at unusually low interest rates by taking advantage of crowdfunding’s potential.

SEE ALSO

  • Students explain how their solar system will work in this short video
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This entry was posted on March 22, 2013 by in environmental activism, leadership, student & youth counterpower and tagged , .
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