Eureeca has experienced one of the fastest periods of growth ever recorded in the crowdfunding world during its first year of inception. Through its innovative funding practices, the crowdfunding platform has lowered the barriers to entry giving greater opportunities for investors and businesses. All this has been made possible through Eureeca’s scalable online platform.
While online advertising and social media have already started a revolution in the online business world, companies like Eureeca have more recently leveraged the communication potential of the worldwide web to play an even more important part in the development of small- and medium-sized businesses than ever before.
A spokesperson of Eureeca stated, “It all has to do with the simple idea of creating an easy to use medium for connecting potential investors to entrepreneurs in need of funding. But by lowering the barrier to entry – a virtually indispensable factor when targeting investments – Eureeca also enables all parties involved to leverage the resources and opportunities of a changing global financial landscape, turning them in their favor.”
Combined with the accelerated growth of the internet and the increasing numbers of companies, regular individuals and investors actively searching online for a better chance to reach their goals, this approach seemed to have paid off in full in the past two years.
The experts at Eureeca have not only managed to mobilize themselves to empower SMEs to raise funds without the difficult challenges imposed by banks and other old investment models, but also to create a means for entrepreneurs and small businesses in search of capital funding resources to get informed. As a result, this has lead to a better understanding of the potential advantages and risks associated with both the traditional methods and the new online crowdfunding platforms, such as Eureeca.com.
For Dubai and the rest of the Middle East, this initiative sparked a rapid movement of development for numerous smaller businesses, from manufacturers to grocery stores and small service providers. However, the advantages of online crowdfunding have also reached many other countries, both in the western world and in the Far East.
Since Eureeca’s resounding success, more and more experts have recognized the win-win situations that online crowdfunding can create, pointing to it as one of the practical solutions that are expected to completely transform the global economy in 5-10 years.