A new way of funding small businesses could be a success to Haliburton entrepreneurs.

Equity crowdfunding allows anyone to buy stocks in a small business to help them raise money for start-up costs or expansions.

Crowdfunding expert Kendall Almerico says this would help put money into local economies because more people in the community would be dedicated to its success.

The project, which will be regulated by the Ontario Securities Commission, is set to launch in the fall.