Crowdfunding is the newest way to raise money for startups that need capital. But not all crowdfunding is alike.
Learn how to determine which crowdfunding platform is the best one for your business. All kinds of projects such as businesses, nonprofits, artists, and entrepreneurs have all succeeded in raising some startup or expansion funds by presenting their campaigns on one of the many crowdfunding platforms that have sprung up in recent years mainly due to the failure of banks to champion real business growth that requires an element of risk.
But as it becomes even more popular, the organisers are now wanting to ensure that their investors get a return on their often small investments.
Crowdfunding isn’t a simple process of signing up for a service and listing your financial needs.
The first step is finding the platform that is just right for your business and one other thing to take into consideration is the crowdfunding body assessing if you're right for them.
Listed below is a brief introduction to Various Types of Crowdfunding Sites and their links.
Like many other things, crowdfunding sites come in a lot of different shapes and sizes. There are crowdfunding sites for nonprofits and social causes:
Crowdcube
Crowdrise
Rockethub
Causes
Funding Circle
Crowdfunder
These are just a few. There are plenty more.
Crowdfunding sites for independent artists and people spearheading creative projects include:
Kickstarter
Indiegogo
Pubslush
Crowdsourcing
If you want to start a business or find investors for your million-dollar project, then perhaps one of these crowdfunding sites will be more your speed:
AngelList
Fundable
Somolend
LendInvest is a marketplace lending platform for residential and commercial mortgages. All loans on the LendInvest platform are secured by a registered legal charge against property in the UK.
Mortagage Peer to Peer Lending
Lendinvest
Crowdfunding sites such as Kickstarter, Fundable and Indiegogo are responsible for some of the coolest projects coming out right now.
The sky’s the limit when it comes to these projects. Everything from music label deals to food companies, there is something for everyone.
Just check out the coolest top ten successes listed by Matthew Toren, Serial Entrepreneur, Mentor and co-founder of YoungEntrepreneur.com