Crowdfunding

Overview

Crowdfunding is a way of raising money for a project or business by seeking small contributions from a large number of people, usually via the internet.

Common Use Cases

• Launching new products.
• Funding creative projects.
• Testing ideas on the market.
• Reaching a wide audience.

Examples in Small Businesses

• Raising funds for a new product.
• Financing an innovative marketing campaign.
• Supporting a community project.