The Evolution of Finance—Crowdfunding Is Expected To Raise $5 Billion in 2013!

Penny Rielly Farmers Insurance Agency

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 Crowdfunding companies are expected to raise a remarkable five billion dollars in funding in 2013! With a 89% growth rate, it’s becoming a rather hot industry trend to follow. Now with changes in Security and Exchange laws under the JOBS act and the explosive growth in this industry, new online portals for business will revolutionize the way that entrepreneurs can seek capital to grow their businesses. To protect investors the SEC has placed some regulation hurdles in front of entrepreneurs and business owners looking for acceptance from the crowd. What is crowdfunding and how do you jump into the octagon and fight for funding?

Crowdfunding is financing obtained online through websites created that will bring artists, musicians, and entrepreneurs together with people who would like to invest in a project, idea, product, or service. In the past, the majority of funding from crowd funding has gone towards charitable, philanthropic projects…

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