Crowdfunding – an alternative financing option for SMEs

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Series Details PE 542.162
Publication Date November 2014
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Summary:

The economic and financial crisis has significantly reduced banks' lending to businesses. This gap in financing, coupled with the rise of social media and interactive online platforms, has contributed to the increased popularity of crowdfunding as a possible alternative source of funding. In this context, the European Commission adopted a communication on unleashing the potential of crowdfunding in the EU, as part of efforts to improve the long-term financing of enterprises and encourage innovation.

Source Link http://www.europarl.europa.eu/thinktank/en/document.html?reference=EPRS_ATA(2014)542162
Alternative sources
  • http://www.europarl.europa.eu/RegData/etudes/ATAG/2014/542162/EPRS_ATA(2014)542162_REV1_EN.pdf
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Commentary and Analysis
EPRS: Blog, 02/12/2014: Crowdfunding – an alternative financing option for SMEs https://epthinktank.eu/2014/12/02/crowdfunding-an-alternative-financing-option-for-smes/

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