The question of whether crowdfunding might be the future of small business development in the EU finds a viable answer in the rise of startups like Symbid. The Rotterdam-based platform is revolutionizing the way businesses get funded and grow, highlighting the potential of crowdfunding in the contemporary business ecosystem.
Key takeaways:
- Symbid, an innovative crowdfunding platform, is carving a niche in business development across the EU.
- The startup’s efficient and transparent technology simplifies the way small businesses are funded.
- Symbid is not just a funding service. It’s also an investing, monitoring and data tool for investors.
- Since 2011, Symbid has funded 70 small businesses amounting to $7.5 million and boasts of an estimated $800 million in total transaction volume in 2015.
- The future of crowdfunding in EU seems promising, with platforms like Symbid leading the way.
Operating as The Funding Network™, Symbid has taken significant strides in business development since its inception by Dutch entrepreneurs in 2011. Initially arising as a crowdfunding platform, Symbid has grown to bridge the gap between entrepreneurs and diverse forms of finance. The startup doesn’t just ease the process of securing funds, it also makes investing transparent, with clear revelations about potential risks and returns.
What sets Symbid apart in the crowdfunding scene is its business model that extends beyond mere funding. Symbid also provides investors with cutting-edge investing, monitoring and data tools, becoming a comprehensive platform for entrepreneurs in search of funding and investors hunting for promising opportunities. As a consequence of this unique blend of services, Symbid has obtained an unprecedented lead over conventional crowdfunding platforms.
The rapid success and expansive growth of Symbid suggest a bright future for crowdfunding in the EU. The platform’s notable feats, such as successfully funding 70 small businesses for a total capital sum of $7.5 million, exemplify the effectiveness and efficiency of crowdfunding. With a total transaction volume of The Funding Network™ in 2015 estimated at $800 million, Symbid’s eventual potential seems formidable.
Looking ahead, Symbid is likely to spearhead the surge of crowdfunding in the EU. By remolding the traditional pathways of business funding and investment, the startup is redefining the mechanisms of small business growth. The startup’s widespread influence adds to the optimism for crowdfunding’s impact on the EU’s business development landscape. For more information, visit their website, Twitter, Facebook, or LinkedIn.
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