AbstractAccess to finance is a key issue especially for companies in the early stages of development. Bank credit is not always available and own funds are often barely enough to start a business. The answer to this challenge may be found in some innovative solutions for raising financial resources for business ventures. These solutions have originated thanks to rapid development of information technology. Crowdfunding i.e. financing through small amounts paid by many individuals, is one example of these solutions. The aim of the paper is to present the essence of crowdfunding and the characteristics which differentiate it from other funding models. The paper also offers a presentation of the Internet platforms supporting investors in Poland and in other countries in the world. The main factors that hamper the development of crowdfunding are also indicated.
The papers published in the ASEJ Journal (alternate title: Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej) are free and online open access distributed (Creative Commons Attribution CC-BY-NC 4.0 license). The Publisher cannot be held liable for the graphic material supplied. The printed version is the original version of the issued Journal. Responsibility for the content rests with the authors and not upon the Scientific Journal or Bielsko-Biala School of Finance and Law.