Tagged: canada

Crowdfunding Site Fundrazr Wins Most Promising Startup Award

Wins Most Promising Startup in 2013 from Technology Impact Awards Vancouver based FundRazr has announced they have been selected winner for the Most Promising Start-up at the 2013 Technology Impact Awards (TIAs) hosted by the British Columbia Technology Industry Association (BCTIA) on June 6th. From a posting… Read More

Equity crowdfunding by unaccredited investors is legal in exactly one place in North America

Almost a year after President Obama signed the JOBS Act into law, crowdfunding for equity is still not legal … at least for the 99 percent of people that are not accredited investors. But there is at least one place in North America where crowdfunding… Read More

Equity Crowdfunding Platform Crowdcube Enters Canada

UK based equity crowdfunding platform Crowdcube is preparing to enter the Canadian  market this month.  A post on the Canadian home page of the platform stated; Crowdcube, from our UK base, is already the world’s most successful equity Crowdfunding platform and has so far raised… Read More

Crowdfunding: Breathing new life into ideas and projects (Video)

Below is a short video about Crowdfunding.   Crowdfunding is a lot of work and the planning and preparation is as important as the actual campaign.  If approached correctly starting with a strong network and a structured strategy, your online appeal to raise funds may… Read More

OSC Gets Positive Response to Crowdfunding Ideas – Report

The Ontario Securities Commission (OSC)’s recent consultation on crowdfunding options received “favourable comments” reports law firm Osler Hoskin & Harcourt. Osler noted 100 responses to the OSC, most of which supported its crowdfunding exemption proposal, though some had concerns about investor-protection issues. With respect to… Read More

OSC To Host Roundtable On Small Business Investment

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…. Read More

Lung Transplant Patient Uses Crowdfunding To Help Other Patients

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… Read More

Does crowdfunding have more sizzle than steak? – Part 2

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… Read More

Does crowdfunding have more sizzle than steak? – Part 1

To question the merits of crowdfunding seems a surefire means of being awarded an OC – Order of Curmudgeon. Millions of person hours have been devoted to introduce it to the world and more than a few forests consumed by its advocates. There is clearly… Read More

Regulators struggle with crowdfunding model

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… Read More

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

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…. Read More

Can crowdfunding save city budgets?

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… Read More

JOI Media Releases Crowdfunding Software Called Katipult

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… Read More

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

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… Read More

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

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… Read More

One problem with crowdfunding —there isn’t enough

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… Read More

The Canadian Foundation for Advancement of Investor Rights (FAIR) Opposes Equity Crowdfunding

The Canadian Foundation for Advancement of Investor Rights (FAIR) has submitted comments to the OSC on its exempt market review, opposing the proposed equity crowdfunding exemption and offering memorandum exemption concepts. Crowdfunding and the OM exemption will undermine investor protection, make markets less efficient, undermine investor… Read More

Ontario Securities Commission may allow crowdfunding for some businesses

Social media wants to meet up with corporate finance on the Internet to let startup and small businesses raise money online. It’s called equity crowdfunding — different from Kickstarter which funds creative projects like movies, games or music and — because it would give these… Read More

Interactive Ontario Urges Action on Crowdfunding Approval

In comments filed with the Ontario Securities Commission (OSC), Interactive Ontario (IO) has urged the OSC to quickly approve proposed prospectus exemptions for crowdfunding capital. IO supports these exemptions as a means to increasing the available pool of capital for Ontario digital media companies.  IO… Read More

Crowdfunding exemption would kickstart digital media companies

Interactive Ontario (IO) is urging the Ontario Securities Commission (OSC) to approve proposed exemptions for raising capital in the province via crowdfunding. IO says it supports the exemptions as a means to increasing the available pool of capital for Canadian digital media companies. Crowdfunding empowers… Read More

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