At IFundWomen, we believe that you shouldn’t be forced to give away equity or ownership in your business until you know its potential. Entrepreneurs on IFundWomen offer rewards related to their business or side-hustle as an incentive to contribute, rather than ownership stake or equity in their company.
Rewards-based crowdfunding is when you, the entrepreneur, go out and sell your product, your service, your mission, vision, or dream to people who you know in your personal, professional, and social network who want to buy into it – in exchange for cash.
Equity-based crowdfunding is the exact same thing except you are giving away ownership in your company.