Kickstart a child’s imagination: New toys encourage creativity and play

PRESS RELEASE CFB – June 26, 2013 Finally, a sword and shield strong enough to fight monsters, but safe and soft enough for sleeping Centennial, CO, June 2013: Watch out bedroom monsters! There’s a new toy to help children overcome their fears and stand up to imaginary mayhem. Forge of Honor, which debuted on Kickstarter (at http://bit.ly/forgeofhonor), offers an inventive line of plush toys that combine play, imagination and fun! Welcome to the world of the Targimals™, the legendary pint-sized warriors who live to protect children against bedtime monsters and other scary creatures. Combined with the Bordor Blades™ and Bordor Shields™, these soft and cuddly toys stoke…

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Israeli Cardboard Bicycle Mastermind Seeks Crowdfunding for Mass Production

Israeli Cardboard Bicycle Mastermind Seeks Crowdfunding for Mass Production

An Israeli inventor who made waves with his new creation is now looking for a few good men to back its production,NoCamels.com reports. Izhar Gafni’s cardboard bicycle became a hit last year after he posted a video online. Now he and his business partner, Nimrod Elmish, are looking for $2 million dollars through crowd-funding site Indiegogo so that they can offer it to everyone. The bicycle is made primarily of cardboard (other materials include recycled tires and plastic bottles). Another bonus is its cost: it’s only $9-12 to manufacture, and will retail for $30 or less. “Imagine a time when every plastic or cardboard product that…

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Finance 2.0: Anyone is a bank or an angel investor

Funding Community, Pave and Small Knot open the door to investing and lending by the crowd, despite the threat of looming regulation.   Scores of crowdfunding portals have sprung up over the past three years, enabling people to donate to everything from the latest theater production to the neighborhood bookshop. But the promise of crowdfunding has always been in the idea of financing: enabling small investors to put money into businesses in for equity, or loan money in exchange for interest payments. While last year’s JOBS Act gave the green light to such crowdfunding ventures, the Securities and Exchange Commission has so far mostly blocked the operation of those…

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tile crowdfunding a community driven device to keep track of your stuff

tile crowdfunding a community driven device to keep track of your stuff

We all lose our stuff. It’s part of life; you accidentally leave your favorite jacket at a restaurant, your wallet falls out of your pocket into a shrub, or somebody decides that they like your bike more than the fixer they’re riding. A new company, Tile, has plans for a unique way to figure out where your stuff is at all times and they’re looking for just US$20,000 in crowdsourced funding to start production. Tile’s self-named product is a tiny Bluetooth LE device that you attach to or embed in something that you don’t want to lose. Clip one to a bike, stick one in the…

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Crowdfunding Platforms: What You Should Know

Crowdfunding Platforms: What You Should Know

Crowdfunding is the updated internet version of an activity that has been around for more than 500 years: collecting money from a bunch of people, the crowd, to support a project or effort, like publishing a book or helping a deserving person through hard times. Today there are hundreds, if not thousands, of crowdfunding platforms used to raise money for a dizzying variety of projects from startups to nonprofits, movies to music CDs, science research and inventions and, most visibly lately, to raise money for victims of disasters. These campaigns are typically used for one-time projects or events to augment other types of fundraising. The term crowdfunding…

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Crowdfunding Trends: Which Crowdfunding Sites Will Survive

According to industry estimates, there are currently over 500 active crowdfunding platforms – some sources have quoted 9,000 registered domain names related to crowdfunding. While these platforms vary along stated dimensions like form of security to investor—equity, debt, rewards, donation, industry and geography—there is another more important, often not stated, dimension that differentiates emerging platforms: quality. While the term “quality” can mean many different things, in the context of crowdfunding platforms it should come down to this: the more transparently that a platform brings together investors and entrepreneurs with the tools needed to make informed decisions which allow for mutual benefit, whether financial or psychological, the…

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What is crowdfunding and how does it work? The United Kingdom surges forward to help fund startups

What is crowdfunding and how does it work? The United Kingdom surges forward to help fund startups

Until recently, financing a business involved asking a few people for big sums of money. Crowdfunding is turning this idea on its head, using the internet to help entrepreneurs talk to thousands – if not millions – of potential funders that each contribute a small amount. The idea is the latest in funding innovations. It means small business owners that are being turned down by....

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Is equity crowdfunding a scandal waiting to happen? Experts warn lack of regulation leaves door open to rogue firms

Fears are growing over the lack of regulation of equity-based crowdfunding, with some experts warning of a scandal waiting to happen. In the past few years, crowdfunding websites – which allow investors collectively to fund small firms – have become an increasingly popular way for fledgling enterprises to raise money. The sector has already grown into a £500million industry. With equity crowdfunding, investors receive shares in the business they are backing. But experts fear inexperienced investors may not understand the risks. Others warn that the lack of regulation leaves the door open to rogue companies. There are also concerns that firms that have benefited from equity…

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Crowdfunding could offer a financial lifeline to some journalists

Crowdfunding could offer a financial lifeline to some journalists

Websites, such as Indigogo, that encourage multiple small investors to fund projects, have advantages – and some pitfalls When Daylin Paul came across the woman, he knew he had a story he had to tell. The photographer was travelling in Thailand, after leaving his staff job at a South African newspaper group. The woman, known as Maw — Paul won’t divulge her real name — is a member of the Karen tribe, living in a village in the northern mountains. She had contracted HIV-Aids, which carries a huge social stigma in the area. Paul wanted to document her life in photographs, obscuring her face to protect…

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Crowdinvestment takes off in the Middle East: Dubai startup raises equity capital on Eureecaa

Crowdinvestment takes off in the Middle East: Dubai startup raises equity capital on Eureecaa

It’s 10am in Nabbesh’s offices in Dubai. The team is a bit speechless. “We’re at 29%,” someone says excitedly. Founder Loulou Khazen sounds surprised. Yesterday, at the same time, Nabbesh, a skill exchange platform based in Dubai, debuted the first equity crowdfunding campaign on Eureeca, an equity crowdfunding platform, since it went live last month. Crowdinvestment won’t be the startup’s only source of capital, as the startup is currently negotiating a series A round with institutional investors and business angels. Yet Khazen and her team decided to try to raise US $100,000, for a total equity stake of 6.67%, from the crowd, as a test. “Crowdfunding was always something that…

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BrewDog launches £4m crowdfunding bid

BrewDog launches £4m crowdfunding bid

Fast-growing brewer and bar operator BrewDog has returned to investors in a bid to raise £4m for its latest expansion plans. The Aberdeenshire-based company is selling shares to fund expansion of its Ellon brewery, bar division and a new chain of “bottle shops” across the UK. Its Equity for Punks online crowdfunding scheme is making 42,000 shares available at £95 each. BrewDog raised £2.2m through the same scheme in 2011. Crowdfunding is a method of raising equity by asking a large number of people each for a small amount of money, often via the internet. In a statement, BrewDog said shareholders would receive a lifetime discount…

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Tile – Crowdfunding a community driven device to keep track of your stuff

Tile – Crowdfunding a community driven device to keep track of your stuff

We all lose our stuff. It’s part of life; you accidentally leave your favorite jacket at a restaurant, your wallet falls out of your pocket into a shrub, or somebody decides that they like your bike more than the fixer they’re riding. A new company, Tile, has plans for a unique way to figure out where your stuff is at all times and they’re looking for just US$20,000 in crowdsourced funding to start production. Tile’s self-named product is a tiny Bluetooth LE device that you attach to or embed in something that you don’t want to lose. Clip one to a bike, stick one in the…

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Here Come the Crowdfunding Consultants

One sure sign of crowdfunding’s growth: The emergence of self-styled experts who, for a piece of the action, say they’ll shape a successful campaign. Lucas McNelly, a 34-year-old part-time filmmaker from Waldoboro, Maine, is part of a band of crowdfunding consultants. He handles about 10 campaigns at once—double his business a year ago—and provides services ranging from advice on advertising to running a campaign’s day-to-day operations. He gets a 5% to 13% cut from projects that meet their goals, taking home between $20,000 and $30,000 a year. Campaigners rely on creating buzz through their social networks. Mr. McNelly has gotten kicked off Twitter at least once…

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