Abstract:
In many developing econonmies access to traditional entrepreneurial financing like banks and
venture capitalists has remained suppressed. This has forced many entrepreneurs to resort to
non traditiona lmethods of venture financing among them, financial bootstrapping and micro
loans. One alternative that these ventures could employ is crowdfunding. Although
crowdfunding has remained predominantly a developed world phenomenon, there has been
strides in the emerging economies to employ it as an entrepreneurial financing alternative.
This paper spught to investigate the factors that are driving the possibility of Zimbabwean
entrepreneurs employing crowdfunding as a financing technique. Through survey data
collection techniques and statistical data analysis this research mananged to highlight the
factors in the crowdfunding ecosystem tht makes the Zimbabwean economy ready for
crowdfunding activities. In line with existing literature five factors were uncovered as the
major drivers that make crowdfunding possible in Zimbabwe and the results are used to infer
to other emerging economies with similar characteristics.
