This is a method of raising capital in small amounts from a large group of people using the Internet and social media. Individuals are asked to make micro-investments or donations to causes and ventures they believe in, thus allowing the work to be completed. Read this for the basics of crowdfunding.
For more information about crowdfunding, please check the following organizations:
Kickstarter is a new way to fund creative projects from films, games, and music to art, design and technology.
Indiegogo is a crowdfunding platform where people who want to raise money can create fundraising campaigns.
GoFundMe is a crowdfunding platform where people who want to raise money can create fundraising campaigns.
Lending Loop is Canada's first fully regulated peer-to-peer lending platform focused on small business.