What is crowd funding? Do you have a great idea for a business, a film or a research project? Are you too broke to make it happen? Crowdfunding could be the answer. Crowdfunding is a way of connecting people with ideas to people willing to fund them, and it has helped some innovators skip the step of applying for a bank loan to get their start. It’s the preferred method of raising startup cash by people without the financial track record, or collateral, that a bank requires before offering loans. To raise funds, you have to convince potential donors that you can execute your idea. The money they put on the line is a vote of confidence. Learn more about websites that can help you raise capital here: https://share.america.gov/ask-crowd-fund-dream-project-others-might-get-excited/ Would you be willing to help a great business idea with a small donation? Let us know in the comments!
Posted on: Sat, 22 Nov 2014 19:21:56 +0000