Internet financing sees solid growth amid challenges

Like many small business startups, bespectacled college graduate Zhang Shilang had a solid idea but no money to follow through.

With plans to begin a door-to-door optometry service, the 25-year-old Beijinger did what most of the younger generation do to solve problems - he hit the Internet.

Roughly six months after registering with online crowdfunding site Angelcrunch, Zhang has managed to find several investors for his business, raising more than 600,000 yuan ($97,561). He expects an additional 1 million yuan from five more investors in the near future.