Revenue streams
What financial options are there for you? Every project needs finance and this comes through streams of revenue. these come with risk, unpredictability and return. Things that affect the type of finance that can be used/attracted: size of organisation commercial/government Crowdfunding Crowdfunding is the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet. Crowdfunding is a form of crowdsourcing and alternative finance. In 2015, over US$34 billion was raised worldwide by crowdfunding. Advantages it is more efficient It dukes as marketing and media exposure There is no big loss if it fails Generally online Everyone is happy Sponsorship Money that is given, usually by a company, to support a person, organisation or activity. It can be the act of providing money for a product such as: a television, radio programme Tv sh...