With the support of the Lion Foundation, the Arts Foundation is creating Boosted, a crowdfunding website that will create millions in new funding for the arts.
Check out www.boosted.org.nz for more details.
Crowdfunding is an international phenomenon. The basic premise is that a project (like editing a film, or recording an album) can be funded with the support of many small donations. In the United States, crowdfunding has raised over $80 million for creative projects in just two years.