Legal Briefings
13.09.11 | Legal briefing
Crowd funding: pushing the FMSA boundaries?
While the Government sees entrepreneurship as essential to longer-term economic recovery, funding is not always readily available to facilitate this.
So what can companies do if they are struggling to raise the funds that they require? One possible solution coming to the fore is a concept known as crowd funding - using the platform and reach afforded by the Internet and social networking to enable small and early stage companies to seek funding.
In The Lawyer, Burness Corporate Finance partner Chris Gotts describes the concept of crowd funding and highlights some of the legal and commercial issues that companies considering crowd funding should bear in mind.