Crowdfunding and Financing Strategies Quiz

What does the term 'crowdfunding' refer to?

• A bank loan with low interest rates

• A government grant for new businesses

• A single investor providing all the necessary funds for a business

• A large group of people giving small amounts of money for a special purpose

What is a 'platform' in the context of crowdfunding?

• A social media page for marketing

• A financial institution offering loans

• A website where entrepreneurs can run a crowdfunding campaign

• A physical stage for presentations

Which of the following is NOT typically included in a crowdfunding campaign?

• Offering rewards to backers

• Issuing company shares to investors

• Setting financing goals

• Introducing the new product or business

What is the 'all or nothing' rule in crowdfunding?

• Funds are only received if the fundraising goal is met within the time limit

• The campaign must last exactly six months

• The entrepreneur receives all funds regardless of the goal

• The entrepreneur must return all funds if the business fails

Which of the following is a common rule on crowdfunding platforms?

• Unlimited fundraising time

• Mandatory government approval

• No limit on the amount of money raised

• A time limit for the campaign