Over the past year, new initiatives such as crowdfunding have started to emerge in the UK with a number of businesses already attracting significant investment. Crowdfunding allows businesses to attract online investment from a number of interested investors who typically each invest only a small amount. One of the UK’s biggest platforms for crowdfunding is Crowdcube, based in Exeter. They have helped a number of businesses get the investment they need by bypassing traditional sources of finance like the banks.
SOURCE LINK to full article:http://bdaily.co.uk/news/business/13-09-2012/north-east-firms-urged-to-consider-crowdfunding/