Limit funds to 100%
When is this option used?
This option is mainly used for donation projects, so all other types of projects are generally capped at 100% of the amount.
You can discuss this with your administrator if necessary.
Why was my project capped after it was published?
The administrators' goal is to ensure that the project complies with the objectives and challenges set by your company. If it does not correspond to a donation project, the 100% cap will be activated.
An uncapped project draws on the fund and funds for other potential projects.
What other alternatives do you have?
First alternative : In some cases, projects can work in stages, which allows you to gauge the number of people interested in the project!
Example:
Stage 1: $150 for 10 participants
Stage 2: $300 for 20 participants
If you reach 10 participants quickly, you can move on to the second stage, and so on. However, changes are made by an administrator or by Teamstarter Customer Support directly!
Second alternative : In other cases, you can create a first version of the project to test interest, and if it is successful, you can launch other versions of the project in the future (if your company's administrators allow it).