The Crowdfunding as a solution to credit crunch on Italian SMEs and to the lack of funds for public projects: a case study

Abstract

In the present work it is presented at first the difficult economic situation for Italian SMEs, that have been credit rationed after the Financial and Sovereign Debt crises. In this context, different alternative financing solutions are presented. Among them, crowdfunding emerges as the most innovative and suitable one. Lastly, a case study that involves a crowdfunding project - in which participates both the public and the private sector - shows the potential of crowdfunding.