Crowdfunding and ESF opportunities - Future perspectives for managing authorities

Crowdfunding increasingly represents an alternative and reliable source of finance for SMEs and micro enterprises, as well as a first sounding board for innovative business ideas and for social impact projects. Often aligned with ESF priorities and target groups, crowdfunding can benefit from financial instruments and improve the conditions of its financing offer. In the post COVID-19 scenario, crowdfunding could play a key role in underpinning the economic recovery and leaving no one behind.