Many start-ups and existing businesses in the District have utilized crowdfunding to launch, grow, or expand. Crowdfunding harnesses the power of social networking through online platforms where community members (individuals and organizations) can make financial contributions to support individuals, organizations, or businesses. There are wide variety of platforms that cater to different types of businesses. Choosing the right platform depends on variety of reasons not limited to business needs, stage, cause, and operation budget. WDCEP and its partners created this toolkit to help interested business owners understand crowdfunding basics, including different categories and user platforms.
