#TŐKEPORTÁL BLOG
Venice launches a civic crowdfunding initiative
Another city has joined the world of crowdfunding in Europe. Venice assumed the leading role in Italy in joining the trend and opening its gates to new forms of finance, by introducing civic crowdfunding as an efficient tool for its civil organisations .
By launching a civic crowdfunding initiative, Venice aims to aid the launching projects within this initiative by stating that if the projects do manage to raise 50% of their target amount, the government of Venice will fund the remaining amount thus supporting the projects in becoming reality and in the long run, improving the economy of Venice. For further information, please visit the article.
Source: https://born2invest.com/articles/venice-launches-civic-crowdfunding-initiative/
