Analysis of entrepreneurial activities by identifying suitable projects for crowdfunding

Crowdfunding is the one of the means of getting funds of small amounts from the friends, public and peers who supported a cause. It is one of the alternative source of funding. The funds may be raised through direct contact or through online messages or via letters. It may also be raised from individual groups or angel groups. There are three types of players involved in the Crowdfunding. First is the person who initiate the process, second party is the person or groups accepting the initiative and third is person who brings the first and second together. There are multiple investors who contributes small sum as their share of investment. Funds are raised through the Social networking sites namely Facebook, Tweeter for a project, generally a movie or a music album or even a business venture, etc. The funds required for philanthropy is also raised through crowdfunding.