Cobudget is used for funding a commons within a network. They tend to consist of a diversity of individuals and entities (both profit and non-profit) in multiple locations.
Enabling the entities and individuals in the network to fund projects together
Investing in shared assets and infrastructure (i.e. software, branding)
Increasing impact and possibilities by tapping into the resources of the whole ecosystem
Enhancing collaboration between organisations
How it works
In this use case there are a many different ways that group members could receive funds in Cobudget. Sometimes it works like internal crowdfunding, which means that each group member can add their personal funds to the spending pot.
Each specific network needs to find the right solution to manage the money flows between entities in a legal and efficient way.