A new study published in Small Business Economics: An Entrepreneurship Journal by faculty at Florida Atlantic University College of Business and the University of Bergamo in Italy suggests equity crowdfunding has boosted opportunities for younger entrepreneurs, while helping to bridge the distance between startup companies and their investors. However, female and minority entrepreneurs, typically considered financially constrained in traditional entrepreneurial markets, do not have higher chances to raise funds in equity crowdfunding. Douglas Cumming, professor of finance at FAU Business, was a co-author of the study.