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New Crowdfunding Industry Statistics From The NJIT

Posted: Mon Sep 07, 2015 7:44 am
by Cristina
The New Jersey Institute of Technology recently published an infographic outlining how crowdfunding has grown over the years to become a popular alternative method for start-ups to acquire financing.

“In 2014, 34% of small businesses were unable to get adequate capital to expand or grow. Start-ups normally get funding from venture capitalists, bank loans, credit cards, friends and family, investors, and personal savings. Over the last couple of years, however, start-ups have been seeking more funding than ever before through crowdfunding.”

Read the article here: http://www.crowdfundingpr.org/crowdfund ... start-ups/

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Re: New Crowdfunding Industry Statistics From The NJIT

Posted: Tue Sep 08, 2015 3:04 pm
by BrandonLow
Totally advocate crowdfunding because it is a perfect avenue for market feedback. Also, the process of getting funded is much faster than the traditional methods of raising funds!