Bye, Bye Bake Sales? Young Entrepreneurs Crowdfunding in Digital Age

May 10, 2013 @ 2:21 pm By FoxBusiness

Young entrepreneurs, scientists and activists are flocking to crowdfunding sites, from a group of 12-year-old girls photographing Earth from space to an award-winning iPhone case designer.

Michael Conway, who created the fundraising page on website GoFundMe.com, says he and his classmates at the University of the Pacific were all interested in aviation, but their school didn’t offer aerospace courses. So, for their senior design project, they decided to build an ultralight single-passenger airplane.

“We wanted it to be really easy to get donations, and when we listed out all the materials, it came to $10,000,” says Conway, who says the majority of donations have been from friends and family.

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 23, 2026 vs Jan 1, 2025 - Oct 23, 2025

Number of Filings131Prior 125 +4.8%

Target Raise, Total$3.40BPrior $3.54B -3.9%

	This YTD	Year prior	Change
Filings	131	125	+4.8%
Target raise	$3.40B	$3.54B	-3.9%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

0 0 votes

Article Rating

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments

Newest

Oldest Most Voted