Financing Your Projects – Part 1



By Alam Braga, PMP 

Rio de Janeiro, Brazil

You’ve probably thought: I have a great idea for a project, but where will I get money to do it? What if you do not have credit in the bank and no known investor interested?

A few years back here after the great Internet bubble that occurred in the 2000s, it was necessary to reinvent business models based on large networks, because only provide hosting services, e-mail communication and now is no longer enough.

It was this need that began to surface models for integrating business-to-business and business-to-consumer (B2B or B2C).

With that came “Crowdfunding”. According to Wikipedia it: “describes the collective effort of individuals who network and pool their money, usually via the Internet, to support efforts initiated by other people or organizations. Crowdfunding is used in support of a wide variety of activities, including disaster relief, citizen journalism, support of artists by fans, political campaigns, startup company funding, motion picture promotion, free software development, inventions development, scientific research, and civic projects”.

Based on this concept of collective funding, some sites have developed to unite investors (those who have some capital to invest and not necessarily a great fortune) to borrowers (people with ideas but no capital).

A very interesting feature of this model is that investors are generally rewarded for their investments to the extent that is invested and not necessarily in money, but in something of value attached to the goal of funding. For example: say you work with a project from a book of rare photos of old buildings, a reward could be receiving some photos not published in the book and exclusive only for investors.

Is it not interesting?

In Brazil there are some of these sites:


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About the Author

alam-bragaflag-brazilAlam Braga, PMP


Alam Braga, PMP is a Project Coordinator at SISTEMA FIRJAN, and a teacher at Universidade Veiga de Almeida and other universities. Expert in Project management focused on software. Graduated at Pontifícia Universidade Católica do Rio de Janeiro (PUC-RJ) in 2009. Working for FIRJAN (RJ´S Business Organization) since 1996. PMP certified by PMI. Currently developing FIRJAN´s project management systems, Alam Braga has also a personal site at www.alambraga.com.br with hints about Project Management. Volunteer in PMI-RJ (Communications VP).  Contact at  [email protected]