Startup Canada should endorse crowdfunding to address fundraising gap

crowdfunding could offer cash-strapped entrepreneurs one more avenue for raising money to get to the market. This would fill a gap for companies not expected to offer gangbusters growth by venture capitalist types, but could still make a profitable small to mid-sized business if given enough startup capital. It would also sidestep the awkwardness of government picking winners in a free market, and avoid the risk of government cash being wasted on a business that doesn’t result in creating more jobs or economic value.



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