Assessing the potential for crowdfunding and other forms of alternative finance to support research and innovation

European Commission, EY, Open Evidence, Politecnico di Milano, European Crowdfunding Network

The research has shown that access to financing is one of their main challenges for European companies, particularly when they are small, young and innovative, indicating that alternative finance mechanisms play an important role for these groups.

It states that making improvements in small research and innovation companies using alternative finance models would help them overcome the financing obstacles they face.