Economic Development News & Insight


Crowdfunding’s growth spurt going strong

Catherine Clifford / July 23, 2013 /

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There are 600 crowdfunding global platforms that helps users raise small sums of money from a group, according to Los Angeles-based crowdfunding and crowdsourcing research firm Massolution.  It is estimated that by the end of 2013, crowdfunding is expected to reach $5.1 billion in funds raised.

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