LET'S RAISE MONEY ALL TOGETHER!
For the people who don't know this trend, it is simply a website where people post a project with a goal of funding. The crowd come on the website and fund the project they are interested in. If the project reach the goal of funding, they are gonna have the money. So far it helped thousands of SMEs, especially in USA. - where it all began - The most popular is definitely Kickstarter, they receive about 2000 projects every week. In 2009, the overall money raised by the crowdfunding equal to 1.13 billions and they expect it to be almost 6 times more in 2013. It is usually illegal to use this method unless you have been registered by the authority but you all know that with the Internet.. a lot of things are different. Again they will have a lot of work to do to write all the laws that will regulate all this process of crowdfunding. In my opinion, it is just amazing for any would-be entrepreneur to have the opportunity to raise money like that. We all know how it is hard to lend money to a bank when it is your first venture. Give it a try, it helps young entrepreneur to get things done.
For the people who don't know this trend, it is simply a website where people post a project with a goal of funding. The crowd come on the website and fund the project they are interested in. If the project reach the goal of funding, they are gonna have the money. So far it helped thousands of SMEs, especially in USA. - where it all began - The most popular is definitely Kickstarter, they receive about 2000 projects every week. In 2009, the overall money raised by the crowdfunding equal to 1.13 billions and they expect it to be almost 6 times more in 2013. It is usually illegal to use this method unless you have been registered by the authority but you all know that with the Internet.. a lot of things are different. Again they will have a lot of work to do to write all the laws that will regulate all this process of crowdfunding. In my opinion, it is just amazing for any would-be entrepreneur to have the opportunity to raise money like that. We all know how it is hard to lend money to a bank when it is your first venture. Give it a try, it helps young entrepreneur to get things done.
Check out also -->Kiva, a not-for-profit organisation
The biggest platform for crowdfunding -->Kickstarter
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