 The law is meant to set a clear legal framework for crowdfunding to not only make this form of investment more accessible to entrepreneurs, but also to protect the investors better and prevent misuse.Local crowdfunding sites have been active in Belgium since 2011, and the legislation was adapted to cover them in April 2014.This made it possible to raise up to 300k€ per projects via crowdfunding as long as crowd investors' individual investments remained below €1000.