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CDFIs and Crowdfunding

October 05, 2013

Category: Economic Vitality Council (EVC), Business Attraction and Retention Library, Presentations

CDFIs and Crowdfunding

Crowdfunding is a collective effort of individuals who network and pool their money, usually via the internet, to support efforts initiated by other people or organizations. Use of small amounts of capital from a large number of individuals to finance a new initiative. Types of Crowdfunding: 1. Donation 2. Reward & Purchase, 3. P2P Lending & Securities 4. Exempted Securities.