Word of the Week
#EnvolveEDU
Crowdfunding
/ˈkraʊdfʌndɪŋ/n.
The act of acquiring small amounts of capital from a large number of individuals in order to finance a project. Crowdfunding relies on online networks to expand the pool of investors and from whom an investor can garner funds, going beyond someone’s typical inner circle of family and friends and potentially reaching venture capitalists.
