Q&A

  • SPRINGS15 is a UAE-based test-bed where creators and backers come together to turn an idea into

    reality. If you, the creator, have a project you want to pursue but need help identifying potential

    customers, you can share your idea on SPRINGS15 and get connected with dependable supporters. If

    you, the backer, are interested in new creative ideas and inventions, you can support the project of

    your choice and enjoy the final product.

  • On a test-bed like SPRINGS15 many people gather to jointly test out and back an idea, a project or a

    start-up. The creators introduce their idea through a video, pictures, and texts. Then they set a target

    budget, which must be reached within a specified duration (15 up to 45 days). Anyone who wants the

    idea to become reality can contribute to the project during this period. In return, once the budget is

    collected the backers receive a reward.

  • SPRINGS15 is a place where creators can test out the potential success of their creative ideas before

    entering the market. With the help of supporters (and customers to be) creators can accumulate the

    money necessary to pursue creative endeavors. Therefore, every project must center around a unique

    idea, and should showcase why the creator needs the amount of money outlined. This is why

    SPRINGS15 is unlike existing e-commerce platforms that are simply designed for selling goods. In

    addition, if the project fails to raise enough money to meet the target, the project is automatically

    cancelled and the money is refunded.

  • The creator assembles a project page made up of 1) their unique idea, 2) their specific plans, 3) the

    reward or service the backers will receive. The registered project will be exposed to the general public

    and users can pledge money for projects of their choice. By doing so, cards are not charged

    immediately and will only be charged if the target budget is reached within the deadline.

    If the project fails to collect the needed budget, all scheduled transactions are cancelled, and the

    creator does not receive any money. If the goal is reached, the money is supplied to the creator who

    proceeds with the promised project. The final creation is eventually provided to backers who

    contributed to the project.

  • As of now, projects in Arts & Crafts, Beauty, Fashion, Film & Photography, Food, Furniture, Fitness,

    Kids, K-pop, Music, Pets, Publishing (Books, Comics, etc.), Tech & Games, Travel, or (Virtual) Events

    are supported.

GENERAL INFORMATION

INFORMATION FOR THE BACKER

  • If you want to gauge your project’s potential for success and need the budget to get the project up

    and running—test it on SPRINGS15. When you share your idea, backers will gather through the

    SPRINGS15 platform to support you. When the budget you set is reached, your project turns into

    reality, and your backers become your first customers.

  • 1. Share your idea on your project page by adding an explanatory video, descriptive pictures and

    detailed text explaining everything about your project.

    2. Set a realistic target budget and deadline for the collection of the needed money. Depending on

    the scale of your project you can choose the duration to either be 15 days or 30 days. If needed,

    you may extend for another 15 days.

    3. Promote your SPRINGS15 project on social media and by telling friends and family.

    4. Supporters who admire your project will back it by contributing.

    5. If the budget is reached within the deadline, you will receive the money to pursue your project. If

    the goal is not met within the deadline, the project is cancelled and the pledged money is

  • Creators in any creative field— Arts & Crafts, Beauty, Fashion, Film & Photography, Food, Furniture,

    Fitness, Kids, K-pop, Music, Pets, Publishing (Books, Comics, etc.), Tech & Games, Travel, or (Virtual)

    Events, and more—can upload new ideas as projects on SPRINGS15.

  • At its core, SPRINGS15 is designed as a test-bed for new ideas; therefore, you may not register a

    project that is already introduced or sold on different platforms. However, if an existing project is

    altered (addition of a new item/aspect) then it is considered a new project, and may be registered on

    SPRINGS15.

  • You may pursue projects with SPRINGS15 anywhere in the world—not just in the UAE. However, if

    your idea involves the creation of physical goods, you are entirely in charge of shipping logistics and

    SPRINGS15 does not take responsibility for this matter.

  • If you are based in the UAE, you may not legally sell goods without an official license. Therefore, you

    must apply for an E-trader license in order to commence this project and be allowed to register for

    funding on this platform. SPRINGS15 can also assist UAE-based creators with obtaining the license.

  • Once the creator reaches their funding goal, a user fee is collected. It includes the platform fee and

    payment and remittance processing fee (levied by collection agent).

    • Platform fee: 15%

    • Payment and remittance processing fees

  • Backers can support projects in the fields: Arts & Crafts, Beauty, Fashion, Film & Photography, Food,

    Furniture, Fitness, Kids, K-pop, Music, Pets, Publishing (Books, Comics, etc.), Tech & Games, Travel, or

    (Virtual) Events, and more

  • 1. Look for a project that awakens your interest by searching through most popular projects, recently

    added projects or by category.

    2. Once you find a suitable project and decide you want to be a backer, you can contribute and help

    the creator reach their target budget within the specified deadline.

    3. If the budget is reached, the creator will receive the money to pursue their project, upon which

    you will receive your reward.

    4. If the goal is not met within the deadline, the project is cancelled and the pledged money is

    automatically refunded to you

  • If you do not recieve your reward, you need to contact the creator of the project to see the status of your reward.

  • If you have a question or comment for the creator, please utilize the Ask Creator feature on their

    project page. After logging into SPRINGS15, click on Creator Introduction>Ask Creator found on the

    right side of the project page to leave any messages. The message will be sent to the creator’s email

    address, upon which they can send you a reply.