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Emergent Research

  • EMERGENT RESEARCH is focused on better understanding the small business sector of the US and global economy.

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Authors

  • The authors are Steve King and Carolyn Ockels. Steve and Carolyn are partners at Emergent Research and Senior Fellows at the Society for New Communications Research. Carolyn is leading the coworking study and Steve is a member of the project team.

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  • Emergent Research works with corporate, government and non-profit clients. When we reference organizations that have provided us funding in the last year we will note it. If we mention a product or service that we received for free or other considerations, we will note it.
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March 26, 2013

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michael webster

Steve, was there discussion about the mean and median averages of the projects funded?

I don't see crowd sourcing displacing the traditional SBA loans for small businesses any time soon.

Steve

Michael: We did talk about funding size and yes, it's relatively small for most.

For coworking spaces (the topic of the conference), the size of the crowdfunded projects were in the $10k to $20k range.

The amounts for small businesses in general look to be a bit lower.

I agree crowdfunding won't replace traditional smallbiz loans anytime soon. But for the right product - or for folks raising seed or early stage funding - it's starting to be a viable alternative.

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