CrowdClanBy . Tapping the Crowd’s Support to Leverage Public Dollars is Growing
Tessa MacDougall of Fundrazr discusses the rapid number of cites using crowdfunding for community projects.
Crowdfunding has become an extremely effective way of raising money for startups, but now even cities and communities are using it to fill a current funding gap. Budget cuts and slow decision making can often leave important programs and initiatives unfunded. With crowdfunding, the community can decide what projects are priorities and they can raise funds quickly. Marty Gunderson is a Board member at the National Crowdfunding Association of Canada. More...