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Entrepreneurship and SME Management Across AfricaCrowdfunding in the African Context: A New Way to Fund Ventures

Entrepreneurship and SME Management Across Africa: Crowdfunding in the African Context: A New Way... [ Attracting funding for developing a venture is a challenge that is often faced by entrepreneurs, especially with the difficulties experienced with traditional forms of financing. An alternative funding form is through the use of crowdfunding which involves the contribution of the public to the venture using a crowdfunding platform to present the call. Despite challenges associated with it, crowdfunding has potential for assisting entrepreneurs within the African context. This chapter outlines how crowdfunding works and provides examples of current African crowdfunding platforms.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Entrepreneurship and SME Management Across AfricaCrowdfunding in the African Context: A New Way to Fund Ventures

Part of the Frontiers in African Business Research Book Series
Editors: Achtenhagen, Leona; Brundin, Ethel
Berndt, Adele
Entrepreneurship and SME Management Across Africa — Jul 13, 2016
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18 pages

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Publisher
Springer Singapore
Copyright
© Springer Science+Business Media Singapore 2016
ISBN
978-981-10-1725-4
Pages
31 –49
DOI
10.1007/978-981-10-1727-8_3
Publisher site
See Chapter on Publisher Site

Abstract

[ Attracting funding for developing a venture is a challenge that is often faced by entrepreneurs, especially with the difficulties experienced with traditional forms of financing. An alternative funding form is through the use of crowdfunding which involves the contribution of the public to the venture using a crowdfunding platform to present the call. Despite challenges associated with it, crowdfunding has potential for assisting entrepreneurs within the African context. This chapter outlines how crowdfunding works and provides examples of current African crowdfunding platforms.]

Published: Jul 13, 2016

Keywords: African crowdfunding platforms; FundFind; Jumpstarter; M-Changa; SlizeBiz; Startcrunch; Startme; Thundafund; YBike; Honest Chocolate; Les Mielleries; Challenges

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