Nesta launches crowdfunding directory

Nesta, the charity set up by the Nesta Charitable Trust to provide investments, grants and networking opportunities to not-for-profit organisations has unveiled its directory of UK crowdfunding platforms.

Crowdfunding platforms allow individuals to fund projects, small businesses and causes. According to the Nesta website, $1.5 billion was raised using crowdfunding websites in the US in 2011. Though crowdfunding is still relatively small in the UK, Nesta expect funding to build significantly on the £120 million that was funded in 2011.

Go to http://www.nesta.org.uk/home1/assets/features/crowding_in for more details.