Tagged: canada

Toronto Mayor Videotaped Smoking Crack? Gawker Raises Ethical Questions With Indiegogo Campaign

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Gawker Media has raised some eyebrows with a crowdfunding campaign they launched this afternoon on Indiegogo. The campaign is in an effort to secure the rights to a video of Toronto mayor Rob Ford allegedly smoking crack. Can’t make this up. For those who aren’t familiar, Rob Ford is a highly controversial figure who has… Read More

OSC To Host Roundtable On Small Business Investment

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The OSC will hold a roundtable on June 11, 2013 to discuss ways investors can help start-ups and small businesses raise money in Canada. It wants to consider how companies can do this by issuing securities without first having to prepare and file a prospectus. For example, one of the options being suggested by the… Read More

Lung Transplant Patient Uses Crowdfunding To Help Other Patients

Give2Live Campaign

Hélène Campbell has announced the Give2Live Campaign, a social media effort that uses crowdfunding to support the needs of those waiting for transplants throughout Canada. “Many patients waiting for an organ transplant at Toronto General Hospital and other transplant centres are required to live within two hours of the hospital,” said Ms. Campbell.  “More often… Read More

Does crowdfunding have more sizzle than steak? – Part 2

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Assessment of the impact of crowdfunding amongst those supplying funds starts with the identification of distinct groupings. Two are useful; individuals supplying their own funds – angels – and organizations using other people’s money – firms. The evidence thus far is that crowdfunding models are not having much impact on firms. However, it is clear… Read More

Regulators struggle with crowdfunding model

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Ontario looked upon as key to setting pace When the U.S. Jumpstart Our Business Startups Act was passed last year, it included a “crowdfunding exemption” that opened the door to using social media and other Internet tools to raise capital. And while other jurisdictions, such as Australia, Britain and the Netherlands, have similar legislation, Canada… Read More

A Look-back at the AMF Public Consultation on Equity Crowdfunding

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Last March, the Quebec Securities Commission (AMF)  held a public consultation to discuss Equity Crowdfunding and its applicability. Our team has been working tirelessly since July for this moment. With  “success stories” multiplying across the globe, we, too, want our SMEs and start-ups to benefit from this model. Enabling them to raise funds online and individuals to become… Read More

Can crowdfunding save city budgets?

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There’s a new frontier in this online world of fundraising and it’s within our cities. With shrinking budgets and crumbling infrastructure, some say it’s time to hit the internet to find money to pay for bridges, parks even street lighting. Others worry, that crowdfunding civic projects could let governments off the hook, leaving some poorer… Read More

JOI Media Releases Crowdfunding Software Called Katipult

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JOI Media, based in Calgary, has announced the release of its proprietary Crowdfunding software to serve as a white-label solution for enterprises and non-profit organizations in need of an out-of-the-box Crowfunding Platform. The software will be released under the name ‘Katipult’, which is the same name that the company previously hosted a community of non-profit fundraising campaigns…. Read More

After A Successful Crowdfunding Campaign, Everlane Announces They Are Shipping to Canada

Everlane Crowdfunding Canada Who Funded

Online clothing retailer Everlane has announced they are now shipping up North to Canada after their successful hybrid crowdfunding campaign.  Everlane had launched a strategic crowdfunding campaign not only to raise funds via a rewards based program, but to also gage interest in expanding their business to Canada. Everlane posted an infographic on their site… Read More

Economic potential of crowdfunding is underrated

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  Crowdfunding first became popular on micro-financing sites such as Kiva, where the “crowd” has now lent more than $416-million to small borrowers all over the world. The loans have helped launch small businesses in developing countries with projects ranging from general stores to a herd of goats. Crowdfunding quickly morphed into funding artistic, gaming… Read More

Shopstarter Allows Preorders After A Crowdfunding Campaign

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Shopstarter is an easy-to-use online platform that allows anyone to accept pre-orders for a product after a successful crowdfunding campaign. Shopstarter was created by co-founders Alex Kennberg and Brian Park, two ex-Googlers from Toronto. According to their web site, the pair have experience working on Gmail and Google Docs. As is so often the case… Read More

Kensington Brewing Company turns to crowdfunding for help with its new storefront and bar

Kensington Brewing Company

Following the example of restaurants like Glory Hole Doughnuts and The Real Jerk, Kensington Brewing Company is asking Toronto beer lovers to help fund the construction of its new Augusta Avenue bar and retail shop. Instead of using Indiegogo or Kickstarter, however, Kensington has adopted a model they call “Community Supported Beer.” The allusion to Community Supported… Read More

Canada: Public ‘lacks financial literacy’ for crowdfunding: investors group

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The debate over allowing equity-based crowdfunding is heating up in Canada’s largest province as the Ontario Securities Commission (OSC) is collecting letters from different groups either advocating for change or warning against it. This week, a group protecting investor rights weighed in on the issue with a letter to the OSC that opposes crowdfunding. It… Read More

One problem with crowdfunding —there isn’t enough

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Startup companies in Nova Scotia stand to benefit greatly from the spread of the crowdfunding movement. It’s just not happening fast enough. Crowdfunding, according to the Oxford Dictionary, is the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet. This… Read More