mandla Omnotho Crowdfunding is a unique initiative to help
striving Entrepreneurs have the opportunity in funding their dreams, through
collaboration with others.
These days, entrepreneurs struggle to get funding. The entire amount of loans and funds made available in the RSA through the Small Business Administration decreased by as much as 20% in 2012! Additionally, VCs and accredited investors reject approximately 98 percent of the business concepts they get. There is little doubt that the current corporate funding environment needs to be changed.
As it is a free and simple means to reach multiple channels, an active crowdfunding campaign is a wonderful way to introduce a venture’s general objective and vision to the market. It is simple to drive referral traffic to your website and other social media sites thanks to the social media mechanisms that are included into many crowdfunding platforms.