Crowdfunding – a popular form of Internet-based donations, loans, or investments – has come to farm country. When bank loans or profits are unavailable, you can access funding through these websites.
The basic idea is to gather a large number of people (your “crowd”) who give small amounts of money to collectively fund a project. Donors give money because they believe in the business goals or like the business owners. In turn, they often receive a thank-you reward such as a farm product.