Date: 27 April, 2018 Friday
Time: 13:40-14:40
Place: Faculty of Business Administration,
Umit Berkman Seminar Room
“Equity Crowdfunding Opportunities among Start-up Companies”
By
Betül Açıkgöz
Assistant Professor of Accounting
Bozok University, Faculty of Economics and Administrative Sciences
Abstract:The startup companies who need financial sources usually apply credits, subsidies or grants from government agencies, angel investors or joint ventures. Crowdfunding is a kind of financial support from masses to accomplish a project such as an audio album, a software program, a social responsibility movement or a product design. This could be in the form of a reward, charity activity, equity or debt. Equity crowdfunding is a recent method to finance the operations of newly established startup companies. Startup companies who have bright ideas but lacking of funds to carry out their projects are in need of financial sources. To clear away the financial challenges, equity crowdfunding provides little amounts of funds from a number of investors. In this kind of financing, the financial institutions such as banks are eliminated. The creditor and the startup company meets on the internet platform. Although it is a very new application in Turkey, the crowdfunding is of very broad use in the US and Europe. This study aims to measure of perceptions of startup companies about the crowdfunding and the contribution on the new investments.