Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

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Online crowdfunding platforms offer a popular alternative to traditional structures by connecting those looking to raise money for a business directly with crowds of potential backers.

It has increased the democratisation of finance, providing access to funds for a wider array of projects that may not have been available through longer-established, more conservative means.

Image: Amanda Palmer: Her Kickstarter campaign, entitled Theatre Is Evil: the Album, Art Book and Tour, became a huge success and generated more than $1.2 million from 24,883 backers. Photograph: Brenda Fitzsimons