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Crowdfunding in the African context: A new way to fund ventures
Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Media, Management and Transformation Centre (MMTC).ORCID iD: 0000-0002-6633-632X
2016 (English)In: Entrepreneurship and SME Management Across Africa: Context, Challenges, Cases / [ed] Leona Achtenhagen & Ethel Brundin, Springer, 2016, , p. 220p. 31-49Chapter in book (Refereed)
Abstract [en]

Attracting funding for developing a venture is a challenge that is often faced by entrepreneurs, especially with the difficulties experienced with traditional forms of financing. An alternative funding form is through the use of crowdfunding which involves the contribution of the public to the venture using a crowdfunding platform to present the call. Despite challenges associated with it, crowdfunding has potential for assisting entrepreneurs within the African context. This chapter outlines how crowdfunding works and provides examples of current African crowdfunding platforms.

Place, publisher, year, edition, pages
Springer, 2016. , p. 220p. 31-49
Series
Frontiers in African Business Research, ISSN 2367-1033
Keywords [en]
African crowdfunding platforms, FundFind, Jumpstarter, M-Changa, SlizeBiz, Startcrunch, Startme, Thundafund, YBike, Honest Chocolate, Les Mielleries, Challenges
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-31962DOI: 10.1007/978-981-10-1727-8_3ISBN: 978-981-10-1725-4 (print)ISBN: 978-981-10-1727-8 (electronic)OAI: oai:DiVA.org:hj-31962DiVA, id: diva2:1034154
Available from: 2016-10-11 Created: 2016-10-11 Last updated: 2020-06-02Bibliographically approved

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Berndt, Adele

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