Equity Crowdfunding as a Form of Financing Projects in Poland
Equity Crowdfunding as a Form of Financing Projects in Poland

Summary/Abstract: The paper refers to the issue of crowdfunding, an alternative type of financing projects. Generally, crowdfunding involves raising many small amounts of money fora special project from a large number of people in a direct or indirect manner. The subject of consideration of this article is the equity crowdfunding model. The main purpose ofthe article was to systematize knowledge in the field of equity crowdfunding model and to identify the main characteristics of the equity crowdfunding model. The following hypothesis was put forward: complexity of the equity crowdfunding is visible in the requirementsconcerning the preparation of the equity crowdfunding campaign. The followingmethods have been used: an analysis of literature on the subject and a descriptive and comparative method. Upon the analysis of the literature and research of crowdfundingin Poland and an analysis of crowdfunding platforms in Poland and projects on beesfund.com platform, major characteristics of equity-based crowdfunding were found. The equitycrowdfunding model seems to be an important field of research. Equity crowdfunding puts much greater demands on entrepreneurs than other crowdfunding models and ismuch more complicated because of restrictive legal requirements, connected with shares issues, which have to be accounted for. Equity crowdfunding can help start-ups and SMEs in the early stage equity financing gap and gives experience in applying for more advanced forms of funding and entering the stock exchange.

• Details
• Contents