Tuesday September 22, 2020

Strength in numbers

Despite the gloomy economic backdrop, new sources of funding are emerging that could help businesses both to kickstart and to grow, writes Emma Kennedy.

6th July, 2013
Laura McNicholas, producer/director, 925 Productions. Photo: Maura Hickey

Access to finance - or, more precisely, the lack of it - has been a major issue for Irish businesses since the economy here floundered. However, new sources of finance are emerging that could help businesses to continue to grow, despite the gloomy economic backdrop. Crowd-funding platforms are a relatively recent phenomenon in Ireland, but have been gaining traction in the United States, Britain and elsewhere for a number of years.

Essentially, these online platforms...

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