Methods of improving confidence in crowdfunding for businesses in Scotland 2016

This statistic illustrates the factors that would help make Scottish businesses feel more confident in using crowdfunding in the period of September 2015 to February 2016. It can be seen that a total of 45.5 percent of respondents stated that more information would make them feel more confident in crowdsourcing at that time.

What factors might make you feel more confident to consider crowdfunding as a method of raising funds?

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Source

Release date

June 2016

Region

United Kingdom (Scotland)

Survey time period

September 2015 to February 2016

Number of respondents

88*

Method of interview

Online survey

Supplementary notes

*From the source: "The survey was conducted online and received 100 responses – 88 of which were located in Scotland, and this 88 constituted our sample set. 47 percent (39) of these respondents described themselves as located in Glasgow, 18 percent (15) in Edinburgh, 7 percent (6) in Angus, 6 percent (5) in the Highlands and the remaining respondents from a range of locations. A broad range of sectors was represented but the largest groupings were Financial Business and Professional 30 percent (20), Self-classified/Other 21 percent (14) and Third Sector/Charity 9 percent (6). 57 percent (38) were in small or micro businesses of between 1 and 9 employees.

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