LOCAL start-ups should venture into raising money online to increase their business capital, the founder of a Filipino-based crowdfunding website said on Wednesday. The Spark Project was founded in 2013 and is one of the pioneers in the crowdfunding segment in the Philippines. Dulay said that through crowdfunding, entrepreneurs can build a network, validate and improve their concepts and expand their market, which could help them enter into a more mature and complex funding options. Dulay said the Spark Project was equipping startups to scale up their businesses. Crowdfunding goes beyond raising funds, but also to validate your business ideas and reach more people,” he added.

Source: Manila Times October 05, 2017 18:22 UTC