International Academic Journal of Social Sciences

  • ISSN 2454-3918

Crowd Funding: A Way to Finance Entrepreneurs in Cooperative Sector

Mehdi Hoseinnezhad

Abstract: Crowd funding is one of the latest methods of financing people which was first applied in developed countries and then in developing countries. According to the nature of the cooperation that has been established on the basis of collaboration NABA, this method can be a successful way to fund entrepreneurs and knowledge-based plans. The aim of this study is to provide a model for funding projects based on Crowd funding. This study was conducted using the Delphi method and survey from experts (executives and managers in Cooperative Investment Guarantee Fund, Cooperative Development Bank and the Department of Employment and Entrepreneurship of Ministry of Labor and Social Welfare). As a result of the research, a model of Crowd funding which was native in cooperative section and is a mixture of borrowing and partnership in income was presented. this can cause the growth of entrepreneurship and the development of the cooperative sector.

Keywords: Crowd Funding, Guarantee Fund, Entrepreneurship, Cooperation

Page: 243-251

Volume 3, Issue 2, 2016