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Join the Crowd

Duration:
30 minutes
First broadcast:
Thursday 23 August 2012

Short of cash to start a business? Instead of going to the bank for a loan, asking for cash from friends or family, or meeting with venture capitalists, how about asking hundreds or thousands of strangers on the internet to buy your product or a share in your company?
It's called crowdfunding, and it's a strategy that was first adopted by filmmakers and musicians. Now more and more businesses are using crowdfunding websites to raise capital.
Peter Day meets some of the businesses turning to this innovative form of fundraising as well as some of the founders of high-tech companies matching up entrepreneurs with investors.
He also finds out more about the potential risks and asks whether crowdfunding will remain a niche business tool or an idea that will transform the way entrepreneurs raise money.
Producer: Mike Wendling
Editor: Stephen Chilcott.

  • Contributors to this programme:

    Eric Migicovsky
    Founder, Pebble Technology

    Adrian Hon
    Co-founder, Six to Start

    Andrew Denham
    Founder, The Bicycle Academy

    Chris Vernon
    Backer of The Bicycle Academy

    Daniel Isenberg
    Babson Global Professor of Entrepreneurship Practice


    Darren Westlake,
    Co-founder and CEO, Crowdcube

    Gem Misa
    Founder, Righteous Foods


    Jeff Lynn
    Co-founder and CEO, Seedrs

    Naomi Alderman
    Novelist and games writer

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