START-UP DONATION BASED CROWDFUNDING DONATION CROWDFUNDING FOR START-UP 2023
A start-up donation crowdfunding in 2023 is defined by the donation fundraising for a new business project from scratch donation based fundraising campaign that involves private philantropic investors and start-up creator who needs money to begin his business activities without having to repay the received capital not any interest.
The start-up donation crowdfunding follows the objectives to fund a project of the creation of a start-up where the initiator and fundraiser hasn’t got the ability to used classical banks for his venture but also who is not committed to return any profit or repayment to the donators.
The start-up donation based crowdfunding is usually supported by donators and backers when they are convinced that the project is not only profitable commercially but that the start-up will contribute either to enhance the social situation of the project owner or it is for any social cause.
The start-up donation crowdfunding in 2023 can only be successful, means it can only attract funds from donators when a project is well presented and explained with a full transparency as to its objectives.