Tagged: canada

June 27, 2013 @ 11:40 am By Charles Luzar  |  

Kickstarter has announced that later this summer they will begin accepting Canadian crowdfunding projects. Canadian entrepreneurs and potential project creators can visit Kickstarter’s Canada homepage to sign up to be alerted via email when this new functionality goes live. Kickstarter is also encouraging potential project… Read More

June 22, 2013 @ 10:35 am By JD Alois  |  

Giveffect, a charity donation crowdfunding site based in Toronto, officially launched after doing several months of a soft launch to prep their site.  Started by three entrpreneuer Allan Shin, Kevin Shin and Anisa Mirza they hope to encourage relationship building between donors and charities. The… Read More

June 21, 2013 @ 10:53 am By JD Alois  |  

The Ontario Securities Commission (OSC) has approved crowdfunding in Ontario for accredited investors.  The OSC has announced an “exemptive relief order” which will permit the sales of securities via crowdfunding platforms.  This order pertains to a specific non-profit entity called Social Venture Connexion (MaRs SVX),… Read More

June 7, 2013 @ 4:31 pm By JD Alois  |  

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

May 30, 2013 @ 8:48 am By VentureBeat  |  

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

May 28, 2013 @ 9:26 pm By JD Alois  |  

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

May 19, 2013 @ 7:37 pm By JD Alois  |  

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

May 18, 2013 @ 3:33 am By PEHub  |  

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

May 15, 2013 @ 9:03 am By Advisor.ca  |  

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

April 22, 2013 @ 12:06 pm By JD Alois  |  

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

April 20, 2013 @ 2:59 am By ITBusiness  |  

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

April 19, 2013 @ 1:49 pm By ITBusiness.ca  |  

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

April 15, 2013 @ 5:30 pm By Laywers Weekly  |  

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

April 6, 2013 @ 11:38 am By Invest Crowdfunding Québec  |  

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

April 6, 2013 @ 1:00 am By CBC  |  

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

April 2, 2013 @ 7:03 pm By JD Alois  |  

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

March 28, 2013 @ 2:43 pm By JD Alois  |  

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

March 20, 2013 @ 5:16 pm By ITBusiness  |  

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

March 20, 2013 @ 1:05 am By The Chronicle Herald  |  

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

March 18, 2013 @ 2:14 pm By JD Alois  |  

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