Crowdfunding and crowd lending will play a major role in the success or otherwise of the Hutt’s rejuvenated Technology Valley initiative that is to be relaunched on June 9.

“For Technology Valley to grow it will require a great deal new investment and this can be achieved through new developments in crowdfunding and crowd lending”, says Professor Gary Mersham, a digital business technology researcher based at the Open Polytechnic.

The reason, he says, is that start-ups, accelerators, angel investing, crowdfunding and crowd lending are increasingly becoming part of an interlinked, newly emerging ecosystem for funding businesses at various stages of growth as they turn away from traditional funders like banks.

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