New Crowdfunding Film Society bolsters aspiring filmmakers

New Crowdfunding Film Society bolsters aspiring filmmakers

So you’re all excited about crowdfunding your first/dream/calling-card film project via Kickstarter or IndieGoGo. But you’re not Zach Braff, and you’re definitely not “Veronica Mars.” In fact, once you’ve reached out to all the friends, relatives and colleagues willing to donate some bucks, how on earth are you going to reach and impress the total strangers you might need to make your goal amount (and if you don’t, in most cases, you’ll never see a cent) in the allotted campaign period? The Crowdfunding Film Society may have the answer for that and many other questions about the process. Still in its nascent stages, the organization was…

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Woman with breast cancer “humbled” by crowdfunding effort to reduce medical bills

Woman with breast cancer “humbled” by crowdfunding effort to reduce medical bills

(CBS News) Web sites like Kickstarter are becoming a popular way to raise money, for everything from indie films to garage bands. But what about crowdfunding for health care? CBS News recently met one woman, Amelia Coffaro, who is counting on it. The 28-year-old is in the fight of her life. She was diagnosed in February with an aggressive form of inflammatory breast cancer. She started chemotherapy on Valentine’s Day and underwent a double mastectomy less than six weeks later. Dr. Alysandra Lal, a surgical oncologist for Columbia St. Mary’s Hospital in Milwaukee, Wis., is her surgeon. Lal said, “She is handling this phenomenally well. But…

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Crowdcube eyes MENA crowdfunding expansion

Crowdcube eyes MENA crowdfunding expansion

The world’s leading regulated crowdfunding platform, Crowdcube has announced they are planning to expand in the MENA region. Crowdcube has formed a JV partnership known as Crowdcube MENA. Omar Rana; “We are currently examining various regions to assess the best way of leveraging Crowdcube’s platform to provide world-class crowdfunding in the MENA region. Sixty percent of the GCC is less than 30 years old, and 66.8 percent of MENA + Africa is less than 30 years old. All these young people are bursting with ideas and passion, and they don’t want to wait for governments and companies to use old fashioned ways to create jobs and…

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CFPA applauds SEC’s approval of Title II JOBS ACT crowdfunding provisions

CFPA applauds SEC’s approval of Title II JOBS ACT crowdfunding provisions

SEC lifts Ban on General Solicitation for Private Placements in 4-1 Vote WASHINGTON, July 12, 2013 /PRNewswire/ — Equity-based crowdfunding came one step closer to actualization Wednesday with the Securities and Exchange Commission voting 4-to-1 in favor of lifting the ban on general solicitation of private placements to accredited investors. The SEC ruling will create a new kind of offering–a 506(c). This allows private companies and investment firms to advertise private securities offerings to accredited investors only. The SEC is still working on proposed rules for Title III, which will enable the general public to participate in equity crowdfunding. “We applaud the commission’s progress on Title…

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Fundable Infographic: Explanation of SEC Announcement & What that means for startups and entrepreneurs

Fundable Infographic: Explanation of SEC Announcement & What that means for startups and entrepreneurs

July 10th, 2013 was a monumental day for Fundable and startups across the country. The SEC announced that the ban on general solicitation has been removed for small businesses seeking startup capital, allowing for sweeping changes in the way businesses find funding. This announcement is a productive step forward to fully enact the Jumpstart Our Business Startups Act (JOBS Act) passed in early April of 2012. With general solicitation now permitted, startups have the opportunity raise money from a wider range of investors – potentially accelerating their funding. With the SEC’s recent announcements, we’ve gotten an outpouring of questions about the JOBS Act, and what it means…

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Portable cloud storage USB device surpasses Kickstarter goal in 12 hours, now at $217,755

Portable cloud storage USB device surpasses Kickstarter goal in 12 hours, now at $217,755

Plug, a device which transforms your USB devices into a personalized Dropbox, has surpassed its Kickstarter goal in 12 hours, raising more than $190,000 at last check.  The $69 device, which is a little bigger than a thumb drive, is a game-changer for data storage, turning any piece of storage space you have into a personal cloud, which can be synced across all devices. Severin Marcombes, CEO & co-founder of Cloud Guys, the startup that launched Plug, is ecstatic about the success on Kickstarter. “We were planning to get maybe $5k or maximum $10k of funding from our friends and family on the first day of the campaign, when we woke…

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Is Crowdfunding The Future For Biomedical Research?

Is Crowdfunding The Future For Biomedical Research?

Microryza.com (not the catchiest of names) is a crowdfunding platform for research that raises money over the Internet from individuals who are willing to donate small amounts to fund a specific project. The average donation according to Microryza is $92. In return for a 5 percent cut of funds raised and a 3 percent credit card processing fee, Microryza provides researchers access to a website where they can solicit money from the public to fund their research. Crowdfunding is typically an all-or-nothing deal, where donors only have to pay their pledged support if the project is fully funded within a defined period of time. Is this…

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The Crowd Investing Innovation Forum Unveils Its Official Agenda

The Crowd Investing Innovation Forum Unveils Its Official Agenda

New York, NY, July 11, 2013 –(PR.com)– The Crowdfunding Professional Association (CfPA), the leading trade organization for the crowdfunding industry, announces the agenda for its 2nd Annual Crowd Investing Innovation Forum, unveiling a list of financial experts and industry leaders who will be discussing how current Wall Street transformations are creating immediate opportunities for broker dealers, issuers and investors. The agenda for the conference, being held on August 8-9, 2013 in Orlando, can be viewed at: http://events.cfpa.org/. “Whereas most crowdfunding conferences center discussions on predicting and preparing for the SEC’s implementation of the JOBS Act, we’ve decided to instead focus on showing how the entire financial…

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Pirate Bay founder crowdfunds messaging app to combat government spying

Pirate Bay founder crowdfunds messaging app to combat government spying

One of the Pirate Bay file-sharing site’s founders has announced plans for a “totally secure” rival to WhatsApp and Apple’s iMessage services. Hemlis, which means secret in Swedish, will use end-to-end encryption so messages are seen only by the sender and recipient. Peter Sunde said it was a response to governments spying on users’ data. The iOS and Android project is quickly approaching its $100,000 (£149,133) funding target. However, Apple and WhatsApp say communications using their services are already “fully encrypted”. Blackberry is also planning to extend its BBM chat service – which can be made fully secure – to other mobile operating systems. The team…

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Kickstarter donor gets help proposing to his girlfriend from Scrubs star Zach Braff

Kickstarter donor gets help proposing to his girlfriend from Scrubs star Zach Braff

Braff hit his $2 million target for the film after only five days back in April, through fan donations A groom-to-be has proposed to his new fiance, with help from – among others – actor and film director Zach Braff. The plan was hatched when Matt Hulbert donated to the Kickstarter campaign for Braff’s upcoming film, Wish I Was Here. In return, he managed to get the Scrubs star to introduce a video which he would then show his girlfriend, Janice. The video also included video messages from the couple’s friends and family, encouraging her to say yes. Writing beneath the video online, Mr Hulbert said:…

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JOBS ACT Title II for Accrediteds NOT MUCH HELP for Entrepreneurs

JOBS ACT Title II for Accrediteds NOT MUCH HELP for Entrepreneurs

HOWARD LEONHARDT The number of accredited angel investors in the USA declined 15.8% to 268,000 in 2012*.  Less than 35% of these 268,000 potential investors or 93,800 have any interest in seed stage investments.   Of these 93,800 potential seed stage investors less than 33% of these have any interest to invest in a company where they do not personally know the founders.  This leaves 30,954 for the all the startups in the USA to chase with the enactment of the JOBS ACT Title II permitting general solicitation.  Of this remaining 30,954 61% of their investments will go into healthcare, software and biotech.  If you are…

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Crowdfunding for adoptions, fertility treatments

Crowdfunding for adoptions, fertility treatments

Hopeful parents to be are turning to crowdfunding sites to raise thousands of dollars from friends, family and even complete strangers. Campaigns for adoptions and fertility treatments on crowdfunding site GoFundMe.com have raised nearly $1.1 million since the site’s inception in May 2010, while this year alone, around 100 campaigns have been started on GiveForward.com. Jessica and Sean Haley’s one-year-old son, Landon, is often referred to as the first “crowdfunded baby.” In a 2011 campaign on site Indiegogo, the Melbourne Fla., couple, raised $8,050 from more than 130 people that helped pay for their fertility treatments. “Twenty years ago this wouldn’t have happened,” Jessica Haley said.…

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Pirate Bay founder crowdfunds messaging app to combat government spying

Pirate Bay founder crowdfunds messaging app to combat government spying

One of the Pirate Bay file-sharing site’s founders has announced plans for a “totally secure” rival to WhatsApp and Apple’s iMessage services.  Hemlis, which means secret in Swedish, will use end-to-end encryption so messages are seen only by the sender and recipient. Peter Sunde said it was a response to governments spying on users’ data. The iOS and Android project is quickly approaching its $100,000 (£149,133) funding target. However, Apple and WhatsApp say communications using their services are already “fully encrypted”. Blackberry is also planning to extend its BBM chat service – which can be made fully secure – to other mobile operating systems. The team…

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