"Crowdfunding represents a fundamental refashioning of our private capital markets offering entrepreneurs and businesses the opportunity to raise capital directly from the public. However, Crowdfunding is more than just a means of raising capital and creating jobs. It has the potential to foster a culture of  innovation, entrepreneurship and appreciation for higher education. This democratization of new venture financing will afford underrepresented minorities, women and rural SME's whom historically received limited access to venture or angel funding a fair opportunity to raise capital and turn ideas into businesses. 

 

Funding portals globally have proven to be a much needed addition to the private markets promoting greater transparency, efficiency and regulatory compliance. The success of Crowdfunding will depend largely upon national and regional regulators appreciating its profound significance to SMEs and their continued commitment to working with industry participants to educate the public and foster an orderly, transparent and efficient marketplace." 

 

George S. Georgiades Esq., 

Alternative Finance Crowdfunding in Canada,

"Unlocking Real Value Through FinTech and Crowd Innovation"

National Crowdfunding Association, 2016

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