FAQ

What is Crowdfunding?

Crowdfunding , well known under the English name of crowdfunding . Crowdfunding helps overcome key barriers that new and existing businesses face when trying to attract investment. This method enables projects and businesses to present their ideas to a wide audience and raise funds from many small investors who would like to contribute to their success.

Crowdfunding can be used for a variety of purposes, including:

  • New product development : Funding can be used to develop prototypes and start production.
  • Business development : funds can be used for the purchase of equipment, working capital or other development needs.

Crowdfunding is an exciting and flexible way that allows both startups and experienced entrepreneurs to get the financing they need without traditional banks or investors.

Posted by
Emilija Poškonienė
Updated at 2024-07-25
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