In the last few years, an increasing number of restaurants began to cover their startup expenses with crowdfunding. Currently, we see restaurants use this system to support their business while they are closed during the pandemic.
We can find various methods of raising money: some restaurants accept money as payment for food and drink served after the restaurant’s reopening or offer goods like T-shirts in return, while others just ask for donation.
The amount of funds raised varies, but most cases aim for 1 to 5 million JPY(9,300 to 43,000USD), which is to cover the rent or personnel expenses.
Tsukiji Sushi OMAKASE has been raising money through crowdfunding to provide sushi free of charge for designated hospitals for coronavirus cases.
The money will cover ingredient costs, wages for the employees, and delivery fees. We think this is a perfectly sensible idea that brings together the restaurant that wants to support medical professionals and investors who want to support the restaurant, while the employees’ jobs are also protected.