Crowd Funding

July 24, 2012

See also: Crowd Financing, Equity Crowd funding, Hyper Funding

CIMM DEFINITION: Another term for crowd financing, it is the collective effort of many small contributors or investors who send in money for a particular project, business, campaign, effort or idea, for example, usually via the internet that help the requesting group meet their monetary goal.

NOTE – The general intent of contributing via crowd funding is a  as donation rather than as receiving an equity stake.