Crowdsourcing Week (CSW) has launched its initiative to raise additional capital on Crowdcube. The event organizer and consulting group is seeking to raise £80,000 to expand the company’s events and launch new products including integrated e-learning and consulting that will be accessible to a wider global audience. Crowdsourcing Week is offering 5% equity in the firm and as of today, 6 investors have contributed £21,140 with the largest single investment standing at £16,000. The offer is SEIS pending.
CSW will use the funding to launch subscription-based e-learning programs designed to create “cutting-edge” content on the crowd economy available to anyone with internet access. CSW states it will also expand to multinational clients through a global consultants network. CSW events will expand into new markets like Tehran, Dubai, Johannesburg and Sao Paolo in 2016.
According to the pitch;
“Crowdsourcing Week connects people with the latest ideas and best practices in crowdsourcing and the crowd economy. In 2013 we launched the first-ever global crowdsourcing conference in Singapore and have now organized summits across 13 countries. Attendees and supporting partners include BNP Paribas Fortis, Microsoft & CNBC. Our mission is change the way people & businesses use the internet, not just for social media but for social productivity.”
“Our company is built upon a diverse community of crowd experts, partners and sponsors. And as we embark on this exciting growth journey, we want to build crowd capital together, and allow CSW to be owned by many,” stated Epi Ludvik Nekaj,founder & CEO of CSW. “This initiative will strengthen our core values and mission as a company focussed on building collaborative futures.”
Earlier this year, CSW hired well-known crowdfunding advocate Paul Niederer as Chief Operating Officer. Niederer is the founder of the Australian Small Scale Offering Board (ASSOB) – one of the very first equity crowdfunding platforms.
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