Small business looks to the crowd for helping hand

22-Dec-2015 Tags: ,

As detailed in the recently released Australian Small Business White Paper, produced by the IPA Deakin University SME Research Partnership, securing finance and funding is one of the most critical issues for small businesses in Australia. In particular, the Small Business White Paper highlighted funding problems faced by young firms in uncertain technological or new knowledge environments – because of their unattractiveness to bank lenders. While still a very young sector in Australia, crowdfunding has already proven to be an effective funding platform for new business in other markets..

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