Sources of cluster and its members financing

Clusters are relatively new economic actors in many countries, including Russia. In the Concept of long-term socio-economic development of the Russian Federation, approved in 2008 for the period up to 2020, indicated the need of clusters creation realizing the competitive potential of the territories in which they would operate. The possible ways of financing the cluster activity, its members and the ability to attract new additional ways of financing for clusters in Russia are considered in this article. The author systematizes the accessible sources of financing for the activities of cluster and its members. The owners and managers of enterprises - members of clusters must take into account acceptable sources of funding in order to ensure the necessary cash flow, both for the current activities of the enterprise and for the implementation of projects of the enterprise-cluster member and cluster. The article provides a comparison of the use of alternative sources of financing for the cluster and its members: crowdfunding, crowdinvesting, crowdlending. Accepted federal laws regulating the issues of investment platforms using, digital financial assets cryptocurrency, allow to consider the possibility of new sources of funds using - crowdfunding, cryptocurrency and digital financial assets. State regulation of attracting investments using investment platforms increases confidence in crowd sources of financing in the long term period and defends the rights of investors, creditors, entities raising funds.