NATIONAL CROWDFUNDING WORKSHOP DOUALA,CAMEROON 20 FEB. 2020
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# startUp'nKap
www.startupnkap.fiance
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PROJECT
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# Crowdfunding
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PROFIT
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MICROCREDIT
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P2P- LENDING
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WEB
PLATFORM
startUp*Akap
insp!re
the magazine
# CROWDFUNDING
Crowdfunding is the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet. Crowdfunding is a form of crowdsourcing and alternative finance.
Crowdfunding is a method of raising capital through the collective effort of friends, family, customers, and individual investors. This approach taps into the collective efforts of a large pool of individuals—primarily online via social media and crowdfunding platforms—and leverages their networks for greater reach and exposure.
startUp*Nkap
insp!re 24th Magazine
# THE BACKGROUND - 2008 THE GREAT RECESSION
crowdfunding may seem like a new idea, but it actually has a long and rich history with roots going back to the 1700's.
However, modern day crowdfunding — where people and businesses raise small amounts of money from a large group of people, usually online — has its origins in 1997.
The collapse of the housing market and the financial industry in 2008 led to people being forced to seek funding by alternative means.
As traditional banking institutions were no longer able or willing to provide the same loans as they were in the past, people turned to the internet — and to each other.
startUp*7skap
insp!re 247 Magazine
Crowdfunding has a long and rich history with roots going back to the 1700's. Here, we look at how the past decade has shaped modern day crowdfunding and contributed to the recent surge in crowdfunding activity.
The first recorded successful instance of crowdfunding occurred in 1997, when a British rock band funded their reunion tour through online donations from fans. Inspired by this innovative method of financing, ArtistShare became the first dedicated crowdfunding platform in 2000.
2009 – 2015 : Crowdfunding Emerges as a Major Funding Source
The launch of Kickstarter and IndieGoGo led to an explosion of niche crowdfunding platforms.
startUp*Nkap
insp!re 247 Magazine
1997- The Inception of Modern Day Crowdfunding
The first recorded successful instance of crowdfunding occurred in 1997, when a British rock band funded their reunion tour through online donations from fans. Inspired by this innovative method of financing, ArtistShare became the first dedicated crowdfunding platform in 2000. Shortly thereafter, more crowdfunding platforms began to emerge, and the crowdfunding industry has grown consistently each year.
2009- Crowdfunding Emerges as a Major Funding Source
The crowdfunding industry has quickly emerged as a popular option for entrepreneurs to validate their ideas, gain exposure, and gain funding. Crowdfunding revenue tripled from $530 million in 2009 to $1.5 billion in 2011 and is expected to continue rapid growth in the coming four years.
startUp*Nkap
insp!re 247 Magazine
# KEY STATISTICS