Program Development - , Washington, United States
Crowdfunding is "open source" financing. Individuals come together to support, via small donations or investments, a person, project or product. This technique is implemented using crowdfunding websites and social media tools. Crowdfunding has the potential to significantly enhance small business growth in Washington DC and elsewhere. The technique is already gathering momentum, reflecting entrepreneurs' growing displeasure with institutional finance and its increasingly obvious flaws. The exponential spread of social media has facilitated this phenomena. Our aim is to increase public awareness of crowdfunding by giving current and potential business owners a chance to tell their story, share their dreams and raise start-up and/or expansion capital.
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