Crowdfunding
Collection of finance from backers—the "crowd"—to fund an initiative
All edits by Vicki Langer
April 2012
President Barack Obama signed the Jumpstart Our Business Startups (JOBS) Act into law. Also known as “the crowdfunding bill,” the JOBS Act aims to lessen regulation burdens on small businesses and has legalized equity crowdfunding. This includes removing the ban on general solicitation that prevents entrepreneurs from publicizing that they’re raising money.
2011
2009
It is an incredibly important funding option because other funds (such as Small Business Association loans) have become significantly less available in the past few years.
2009
2005
Kiva is an international nonprofit, founded in 2005 in San Francisco, with a mission to expand financial access to help underserved communities thrive.
crowdfunding loans and unlocking capital for the underserved, improving the quality and cost of financial services, and addressing the underlying barriers to financial access around the world
2000
ArtistShare became the first dedicated crowdfunding platform
1997
British rock band funded their reunion tour through online donations from fans
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