diff --git a/README.md b/README.md
index 33faec0588..3c174d03d9 100644
--- a/README.md
+++ b/README.md
@@ -20,6 +20,15 @@ Svelte is a new way to build web applications. It's a compiler that takes your d
 Learn more at the [Svelte website](https://svelte.dev), or stop by the [Discord chatroom](https://svelte.dev/chat).
 
 
+## Supporting Svelte
+
+Svelte is an MIT-licensed open source project with its ongoing development made possible entirely by the support of awesome volunteers. If you'd like to support their efforts, please consider:
+
+- [Becoming a backer on Open Collective](https://opencollective.com/svelte).
+
+Funds donated via Open Collective will be used for compensating expenses related to Svelte's development such as hosting costs. If sufficient donations are received, funds may also be used to support Svelte's development more directly.
+
+
 ## Development
 
 Pull requests are encouraged and always welcome. [Pick an issue](https://github.com/sveltejs/svelte/issues?q=is%3Aissue+is%3Aopen+sort%3Aupdated-desc) and help us out!