This statistic illustrates the main reasons listed by web entrepreneurs for turning to crowdfunding platforms in the place of other types of funding or investment, in Europe as of 2014. Approximately 72 percent of respondents listed easy access to money as the main reason.
Reasons to use crowdfunding for web-focused project financing in Europe as of 2014
Characteristic
Percentage of respondents
Easy access to money
71.4%
Impossible to raise funding via banks or investors
The study was conducted as part of Startup Europe Partnership. It identified 230 crowdfunding platforms with 13 percent focused on the web entrepreneurship.
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European Commission. (April 19, 2014). Reasons to use crowdfunding for web-focused project financing in Europe as of 2014 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/413522/reasons-for-crowdfunding-usage-in-europe/
European Commission. "Reasons to use crowdfunding for web-focused project financing in Europe as of 2014." Chart. April 19, 2014. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/413522/reasons-for-crowdfunding-usage-in-europe/
European Commission. (2014). Reasons to use crowdfunding for web-focused project financing in Europe as of 2014. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/413522/reasons-for-crowdfunding-usage-in-europe/
European Commission. "Reasons to Use Crowdfunding for Web-focused Project Financing in Europe as of 2014." Statista, Statista Inc., 19 Apr 2014, https://www.statista.com/statistics/413522/reasons-for-crowdfunding-usage-in-europe/
European Commission, Reasons to use crowdfunding for web-focused project financing in Europe as of 2014 Statista, https://www.statista.com/statistics/413522/reasons-for-crowdfunding-usage-in-europe/ (last visited November 21, 2024)
Reasons to use crowdfunding for web-focused project financing in Europe as of 2014 [Graph], European Commission, April 19, 2014. [Online]. Available: https://www.statista.com/statistics/413522/reasons-for-crowdfunding-usage-in-europe/
