Dutch National Crowdfunding Research

The results of the Dutch National Crowdfunding Research are published

In recent years, crowdfunding has grown from a tool for foundations and artists to raise funding through donations, an alternative to bank financing for SMEs and financing of real estate and renewable energy projects. But who are the backers of these projects? Are these investors who only look for financial returns, or do they have other expectations? And how do they decide to invest or participate in a project?

To explore these questions, the first edition of the ‘National Crowdfunding Research’ in 2013 was started. This year CrowdfundingHub has taken the initiative to work with the Impact Centre Erasmus (Erasmus University Rotterdam), Sustainable Finance Lab (Utrecht University) and University of Applied sciences of Amsterdam in order to provide a more scientific basis for this emergent research field.


Main conclusions

  • Since the first edition in 2013 it is become more naturally to invest in crowdfunding and the number of people that invest in crowdfunding increased
  • Companies receive more investments from there own customers: 2013, 3,5% and 2016, 15,6 %
  • In 2016 23% of the respondents invested more than 5 times and 3 % invested more than 50 times
  • Investors with a strong connection with the entrepreneur invest within 30 min
  • The social part of investing is higher at equity crowdfunding than with reward-based crowdfunding.


Download full report

You can find a longer version of this article and the full report at Nationaal Crowdfunding Onderzoek 2016 (dutch only)


Open data
For researcher who want to use the data for their own research, they can download the taxonomy and datasets here.