The diploma thesis focuses on the evaluation of adopted specific regulatory measures for crowdfunding in individual countries. The first part explains the term of crowdfunding, according history and reason of being created. There are various models for spreading and there are identified various risks associated with crowdfunding. The second part of the thesis is devoted to the regulation of crowdfunding itself. Focusing on regulation in the United States of America and in the European Union. Describe the regulatory regimes in each country and the implications of the measures taken to develop crowdfunding in the country.

The topic of the diploma thesis is “Crowdfunding as a developing financial source for businesses in the Czech Republic”. The aim of the thesis is to evaluate the external environment of crowdfunding and estimate its current and future development. The analysis of the external environment will be done by the PEST analysis and Industry analysis. Subsequently, there will be performed analysis using Key driving forces of change. These forces will be further evaluated and summarized by the evaluation of industry attractiveness with a help of the pair comparison method. The results of the performed analyses will show how attractive crowdfunding is and how it reacts on the identified factors. In the final part of the thesis, the future development will be discussed.