The fundraising method allows companies to secure capital in return for non-financial 'rewards' for backers, often early versions of a product.

Despite negotiating with the government for two years to try to secure capital funding, he will say, 'we have not been given the means to secure the schools' future'.

Fears are also growing about the ability of innovative early-stage companies to secure capital.

This would allow him to secure capital to complete the project.

State bonds were issued and public lands were sold to secure capital, and the notes of the banks, loaned on security, became a medium of exchange.