Srilanka, Feb. 2 -- Many people dream of starting a business, but for Sri Lankan entrepreneurs, financial constraints often turn this dream into a daunting challenge. While traditional funding methods like bank loans and personal investments have long been the norm, a promising alternative, crowdfunding, remains significantly underutilised in Sri Lanka.
Understanding Crowdfunding
Ms. Dhanuja SomathilakeMs. Dhanuja Somathilake
Crowdfunding is a method of raising money for a particular project or cause by asking a lot of people to donate money using online platforms, usually in small amounts and usually in a short period. It enables entrepreneurs to pitch their ideas directly to potential backers, bypassing the complexities of traditional f...