What is Crowdfunding?
A definition of Crowdfunding
“Crowdfunding is a method where individuals or businesses fund a project or venture by raising small amounts of money from a large number of people, typically via the internet.”

Business Glossary > What is Crowdfunding?
Examples of Crowdfunding in a Sentence:
Crowdfunding can help entrepreneurs raise money for their ideas.
Many creative projects have been launched through crowdfunding platforms.
Using crowdfunding, a startup can gauge interest in its product.
Why is Crowdfunding Important in Business?
Crowdfunding allows entrepreneurs to access capital, test the market for their ideas, and build a community around their products or services. It democratizes funding and decreases reliance on traditional financial institutions.
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Associated Terms
Here are some associated business terms and synonyms for “Crowdfunding”:
- Peer-to-peer funding
- Collaborative financing
- Collective fundraising
Kickstarter Crowdfunding
Kickstarter is a leading crowdfunding platform that has helped projects in various industries, including film, technology, and music, secure funding from backers around the world. It allows creators to reach a wide audience and gain financial support for their initiatives.
Final Notes on Crowdfunding
Crowdfunding can be a viable option for financing, but it’s crucial to have a strong pitch and marketing strategy. Understanding the platform’s rules and nurturing relationships with backers can enhance the chances of success.
This has been a definition of Crowdfunding meaning.
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