Crowdfundig as a Modern Tool for Financing City Farming

Issue № 9, 2022, article № 12, pages 104-108

Section: Competition of young authors

Language: Russian

Original language title: КРАУДФАНДИГ КАК СОВРЕМЕННЫЙ ИНСТРУМЕНТ ФИНАНСИРОВАНИЯ СИТИ-ФЕРМЕРСТВА

Keywords: CROWDFUNDING, CITY FARMING, URBANIZED CROP PRODUCTION, VERTICAL FARMS, FINANCIAL INSTRUMENT, SUSTAINABLE DEVELOPMENT, URBAN AGRICULTURE, INVESTMENT

Abstract: Strategic prospects for ensuring food security of regional territories are inextricably linked with the influx of investments in urbanized crop production. For most urban farmers, lack of access to finance is a serious obstacle to their ability to maintain and expand their agricultural activities related to the production of urbanized crop production. Therefore, the question arises of the need to search for innovative approaches, methods, technologies, financial support tools and attract additional investments for the development of vertical farms, the use of which will allow producers to enter the trajectory of sustainable economic growth. In the conditions of the digital economy, the forms of financing of business projects are being transformed. This determines the relevance and research of a modern investment tool – crowdfunding, which is an innovative, developing direction of one of the ways of public investment in projects of any orientation. The purpose of this article is to search for alternative financial solutions in urbanized crop production. The article analyzes the foreign experience of crowdfunding platforms, assesses the state and prospects of the development of the crowdfunding market in Russia and presents the scheme of operation of this method on the example of city farming.

Authors: Beliaeva Elena Viktorovna