Affiliate marketers with big ideas and small bank accounts might want to consider crowdfunding to help their concept come to life.
If you’re not familiar with crowdfunding, it is when people pool their money and other resources together to support efforts initiated by other people or organizations.
You can see an example where Affiliate Summit is crowdfunding charity fundraising for the fight against breast cancer.
In that case, we’re using a platform called Indiegogo. Former Affiliate Summit keynote Ze Frank recently used crowdfunding site Kickstarter to raise money to re-start his Internet show.
But when it comes to pulling together investments in a company, you should check out MicroVentures, which merges peer-to-peer lending with the venture capital industry.
They are looking for startups and existing businesses that need between $100,000 to $500,000 in capital.
More details at microventures.com/business-funding.