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GCSE Design and Technology · key term
Raising money for a project through contributions from many people, usually through an online platform.
Used by AQA
Paper 1
Revise: EnterpriseCrowdfunding raises money from many people, usually through an online platform. Rather than relying on one person to provide all the finance, a designer can bring together numerous smaller contributions.
When evaluating crowdfunding, consider both the designer and the backers. Raising enough money does not guarantee successful manufacture.
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