Crowdfunding: An Innovative Financial Source of Small and Medium Sized – Enterprises
Crowdfunding: An Innovative Financial Source of Small and Medium Sized – Enterprises

Summary/Abstract: Although small and medium sized - enterprises have many possibilities how to finance their needs, their access to sources of finance is difficult. This situation is even more pronounced aftermath the financial crisis from 2009. One of the possibilities how to secure sources of seed capital, respectively capital to fund various innovative projects, is crowdfunding, which is considered to be an alternative to traditional venture capital investment. The aim of the paper is to introduce this innovative funding mechanism for small and medium – sized enterprises, as well as to point out its specifics and benefits.

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