The Advantages of Crowdfunding

Last Updated on 29/02/2024 by Green Crowd

The Advantages of Crowdfunding

Crowdfunding has become an increasingly popular way for individuals and businesses alike to raise much-needed capital. The relatively low cost of entry and accessibility of popular crowdfunding platforms have fuelled this revolution in funding.

If you are considering raising finance for a green or renewable project or venture through crowdfunding with Green Crowd, there are significant advantages in pursuing this route of raising funds.

Green Crowd is authorised by the Central Bank of Ireland to act as a Crowdfunding Service Provider in accordance with the new EU-wide regulatory framework.

This significant achievement positions Green Crowd as a regulated entity, emphasising our commitment to transparency, security, and compliance within the burgeoning crowdfunding sector.

Advantages of Crowdfunding

• A faster way to raise finance with no upfront fees.
• pitching a project or business through the online platform can be a valuable form of marketing and result in media attention, awareness, and positive PR.
• In sharing your idea with investors and other entrepreneurs, you can often get feedback and expert guidance on how to improve it.
• It is a good way to test the public’s reaction to your product/idea – if people are keen to invest it is a good sign that your idea could work well in the market, which is also positive news for potential investors.
• Investors can track your progress on our crowdfunding platform – this may help you to promote your brand through their networks.
• Ideas that may not appeal to conventional investors can often get financed more easily through the right crowdfunding platform.
• Your investors can often become your most loyal customers and promoters through the financing process.
• It’s an alternative finance option if you have struggled to get bank loans or traditional funding.

Green Crowd is recognised as a trusted and compliant platform and provides a broad spectrum of investment opportunities to its growing community of investors. Our mission is to support and drive forward green and renewable initiatives, fostering a sustainable future for both the environment and the economy through crowdfunding.