30 Jul '12, 11am

The next great eatery could come alive because of you. #streetfood #Singapore #food #f&b #entrepreneurs

The next great eatery could come alive because of you. #streetfood #Singapore #food #f&b #entrepreneurs

Text by Sheere Ng @ Makansutra Are you selling food at adhoc markets and dream of having your own brick and mortar shoplot? Do you want to set up a food truck to peddle your creations to all corners of this country? How about creating a range of tea blends based on how you feel about certain music? If you are based in Singapore, where the cost of setting up a business is one of the highest in the world, where you need proven track record before investors will look your way, where pragmatism, KPI and growth chart rules, then you know your chances are razor thin. But this could change with the rise of crowd-sourced funding. This is how it works: anyone with an idea that needs funding to materialise can submit a proposal to websites like Kickstarter or AngelList stating their desired funding goals. This gets posted online and users who like the idea can pledge their money in ...

Full article: http://www.makansutra.com/foodblog/?p=6858

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