For entrepreneurs with the right strategy, this is an exciting year to launch a new business with high growth potential. The JOBS Act that was recently signed into law and the emergence of crowd funding sites like IndieGogo and Kickstarter make the world of venture funding significantly different than it was 10 years ago.
Though it may seem like The JOBS ACT and crowd-funding sites will serve to increase the funds available to entrepreneurs, fundraising overall is on a downward slope since last year. The LA Times reports, “U.S.-based companies raised $6.3 billion through 717 venture capital deals during the first quarter of 2012, an 18% decline in capital and 9% decline in deals from the same period last year.” The climate for new business ventures remains uncertain, and entrepreneurs need every edge available.
Founded in 2010, the industry website, Crowdsourcing.org, is a neutral organization dedicated solely
to crowdsourcing and crowdfunding. As one of the most influential and credible authorities in the crowdsourcing space,
Crowdsourcing.org is recognized worldwide for its intellectual capital, crowdsourcing and crowdfunding
practice expertise and unbiased thought leadership.