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The Crowdfunding Milestone

In the winter of 2020, the first company started to collect funds for one of its projects using crowdfunding. Now, two years on, more than 180 projects of different economic enterprises have succeeded in attracting over 10 trillion rials ($20 million at t
The Crowdfunding Milestone
The Crowdfunding Milestone

One of the biggest challenges of small- and medium-sized companies in Iran is financing.
These companies often do not have the conditions to borrow from banks, and even if they are eligible, the banking system can only meet a small portion of their needs. Small companies and startups face much more difficult conditions, as they may never succeed in securing the required finances. The risk of failure in such companies also causes them to have limited options for attracting financial resources, Milad Khoshzaban, doctor of business administration in finance, wrote for the Persian economic daily Donya-e-Eqtesad.

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