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Vivek kumar
On medial • 6m
Crowdfunding is raising small amounts of money from many people via online platforms. It’s ideal for creative or innovative projects. Types include Donation-Based (e.g., Ketto), where no returns are expected, Reward-Based (e.g., Kickstarter), offering rewards, Equity-Based (e.g., AngelList), providing business ownership, and Debt-Based (e.g., Faircent), involving loan repayment with interest. Steps: choose a platform, create a campaign with clear goals, promote it, and deliver promised rewards. Government Funding offers grants, loans, or equity for startups and MSMEs. Key types: Grants (e.g., Startup India Seed Fund), free money; Subsidized Loans (e.g., PM Mudra Yojana), low-interest loans; Equity Support (e.g., SIDBI); and Tax Benefits for eligible startups. Schemes like Startup India, Stand-Up India, and MSME provide financial and operational support. To apply: identify a scheme, prepare documents (business plan, projections), apply online, and follow up.
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