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From energy-saving cookware and smart bikes to home energy storage systems and efficient composting, many green startups are increasingly looking for capital to launch their business.
But with the forecast for global venture funding continuing to look bleak for early to mid-2023, green entrepreneurs may need to turn to alternative sources to score the cash they need to go to market.
For many startups, crowdfunding platforms have become a popular, more democratic means to secure funding. Rather than leave a business’ fate to venture capitalists, crowdfunding enables entrepreneurs to pitch directly to consumers, including family, friends, and a built-in base of early adopters and sustainability champions who want to be a part of growing a business from the ground floor.
The expansion of crowdfunding platforms…
Read the full article originally published at news.google.com.