Tag Archives: Crowdfunding

Crowdfunding: Where Dollars and Dreams meet

Crowd funding, as its name says, is the funding or investment made by the public to start a project or a business. It is a practice of raising capital for a venture by collecting small amount of money from a large number of people. This collection will be done mainly through internet. Crowd funding thus helps emerging entrepreneurs to achieve success. It should be noted that crowd funding is not only used for business purposes but also for disaster relief, political campaigns etc. It removes the need for formal applications and sanctions for fund collection. Apart from the conventional ways, it facilitates more participation of public through internet platforms.

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