October 05, 2013
Category: Economic Vitality Council (EVC), Business Attraction and Retention Library, Presentations
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.