Crowdfunding and smes financing in nigeria- threat and opportunities
Crowdfunding is a new dimension of sources of finance which provides Small and Medium Enterprises (SMEs) and other creative ideas initiators the opportunity to raised fund from the crowd by harnessing the power of the internet. As a new form of financing opportunity, the key knowledge of the concept is lacking on the part of entrepreneur, the financial expert, academicians and the general public. This calls for better understanding of the concept, models, element and environmental characteristics for its implementation and usage by entrepreneurs.