Is there a maximum funding goal?

No, the current legislation does not dictate any cap regarding the amount collected.

However, we advise creators to choose a funding goal that corresponds to the minimum amount necessary to make their project come to life. Indeed, crowdfunding works on an "all or nothing" principle: we advise you to define a reasonable goal that might be exceeded, rather than taking the risk of not reaching it, because if you can't reach your funding goal within the time limit you chose, you will not be able to receive the money collected and all your contributors will be paid back.

 

Was this article helpful?
13 out of 13 found this helpful
Have more questions? Submit a request

Comments

0 comments

Please sign in to leave a comment.