Crowdcube (www.crowdcube.com), the company behind an innovative funding solution for start-ups and growing businesses, has used its own unique crowdfunding website to secure £300,000 investment from 162 investors to fuel its next phase of growth.
Darren Westlake, co-founder and CEO of Crowdcube said: “Business finance is at a critical turning point as last week’s announcement by Vince Cable highlights. The future success of Britain’s economy is dependent on empowering small business Britain to succeed and grow, but access to traditional methods of funding are often a barrier. The emergence of alternative sources of business finance, like crowdfunding, is already proving to be a very effective and popular solution for both entrepreneurs and investors.”
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.