Tagged: EU

Italian crowdfunding platforms

MusicRaiser Italy

Italy could become the first country in the world to pass a law on crowdfunding . give us to act even Forbes after the publication of the draft of the Consob Regulation . The document is open for comment until 30 April and will be used to operationalize the provisions of the decree Growth 2.0 . After work will be put on paper the methods of access to fundraising via the Internet by innovative startups ,… Read More

Dutch Online Newspaper Crowdfunds € 1 Million in 8 Days

De Correspondent NL

The Correspondent, an Amsterdam based start-up striving to launch a news site of quality news, has crowdfunded € 1 Million in 8 Days (approximately $1.3 Million).  As announced on the future news sites blog, More than 15,000 participants supported this crowdfunding event which was created by Rob Wijnberg, a Dutch journalist,  and Harald Dunnink, founder of Momkai…. Read More

Interview with Korstiaan Zandvliet Managing Director at Equity Crowdfunding Platform Symbid

Korstiaan Zandvliet Co Founder of Symbid at the Shell LiveWire Award

As a Dutch national (but born and raised in Hong Kong and living in the US since 1985) I thought it was particularly interesting that the Netherlands created one of the first equity crowdfunding platforms in the world – Symbid. Being ONE of the first is something, especially since the United States regulatory processes have… Read More

Equity Crowdfunding Platform Crowdcube Surpasses £5 Million Raised (Infographic)

Crowdcube £5 million raised

UK based equity crowdfunding site CrowdCube surpasses £5,000,000 in funds raised.  This amount represents 39 businesses funded £2,547 average amount invested 30,239 members Crowdcube was established in 2011 and claims their platform as the first crowdfunding site  to allow ordinary people invest in start ups or growing businesses.  Celebrating their 2nd anniversary, Crowdcube estimates their… Read More

European Commissioner Neelie Kroes Gives Speech Promoting Crowdfunding

Neelie Kroes European Commissioner for Digital Agenda

Below is a speech presented by Neelie Kroes Vice-President of the EuropeanCommission responsible for the Digital Agenda EU & US for Growth, Investment Crowdfunding and Support This is a difficult time for Europe. As growth stays low, uncertainty is everywhere. Our people, particularly younger people, face horrific unemployment. Lots of people in the EU are asking tough… Read More

EU Parliament Delegates Want to Develop Crowdfunding

European Union Flag (WIkipedia)

(Staff Translation) Delegates explain that small and medium businesses are “starved of capital”. Legislation needs to take account of their particularities.   Straßburg – The EU-Parliament intends to facilitate access to credits for small and medium businesses. To achieve this, more flexibility and transparency in credit issuing by the banks will be necessary as well… Read More

Crowdfunding enables SolarS3C to bring electricity to Africa

Solar s3c on Symbid

On the 24th of December, Solar S3C finished their equity-based crowdfunding campaign on Symbid. With a goal capital of €50.000 gathered by 90 investors, the average investment of €550 was over twice as high as normally the case is. This is exceptional since equity-crowdfunders focus on commercially interesting propositions in most cases, creating a pool of investors… Read More

SellAnApp Breaks Dutch Crowdfunding Record

SellAnApp Symbid

UPDATED: In an early version of this article it was indicated that Enviu held the Dutch record for funds raised but it was pointed out (rightly so) that Enviu is in the number two position.  SellAnApp holds the record for raising funds on Symbid crowd funding € 150,000. SellAnApp has recognized that the total Market is estimated to… Read More

BRUSSELS SEEKS TO ‘UNLEASH EUROPE’S ENTREPRENEURIAL POTENTIAL TO BRING BACK GROWTH’

European Union Flag

The European Commission this week presented an action plan aimed at “unleashing Europe’s entrepreneurial potential to bring back growth”. The message is that in order to return to growth and higher levels of employment, Europe needs more entrepreneurs. With four million new jobs created every year, new companies, especially small and medium sized enterprises, create… Read More

For Disillusioned SMEs Hope Is Not Lost

European Union Flag

2012 was a tough year for SMEs. The Eurozone crisis rumbled on, economies stagnated or contracted and the banks failed to lend the sums needed to help pull Europe out of the abyss. Government initiatives such as the Funding For Lending (FLS) scheme in the UK have done little to benefit small businesses. The banks… Read More

European Commission Views Entrepreneurship as Growth Driver

European Union Flag

The European Commission has released a statement indicating that a focus on Entrepreneurship, including crowdfunding, is an increasing priority in driving economic growth. During the economic crisis EU member countries have struggled to various degrees in their attempts to create job. Dramatic structural reform must be a precursor to allow an environment where efficient allocation… Read More

Mini crash course in European crowdfunding sites

European Union Flag

A new impetus has been given to the media and creative sectors due to various crowdfunding platforms. To summarise the model of financing projects over the internet: I have the crowd, you have the funding The European coffers for promoting creative industries are empty. Newspapers are shutting down, journalists are being dismissed and everywhere you look locations in creative industriesare… Read More

Filling the bank-shaped hole: Europe’s banks are shrinking. What will take their place?

Doing Less with Less

    OF THE things you expect to encounter in a financial firm nowadays, hope is not high on the list. Panoramic views, insincere receptionists, plates of uneaten biscuits, yes. Optimism, no. But this is a time of huge opportunity in finance—as long as you are something other than a bank. Take one of British… Read More

1000 Days for a EU JOBS Act

European Union Flag

The European Crowdfunding Network is in Brussels at the EU Workshop organized by the European Commission’s DG Connect and DG Enterprise & Industry. SecondMarket, Symbid, GrowVC and Indiegogo are the other participants on the event who are talking about legalizing crowd funding for equity in Europe. DG Connect is the Directorate General for Communications Networks, Content and Technology, aka DG CNECT…. Read More