Startup Europe Crowdfunding Network – Final Report

Startup Europe Crowdfunding Network – Final Report

CFB UK News Wire, According to the final report of the Startup Europe Crowdfunding Network, a support services to foster the crowdfunding environment in Europe focused on web entrepreneurs by the European Commision, networking European crowdfunding platforms around a common understanding of the industry is vital. Only with a crowdfunding environment that is marked by professionalism, transparency and coherent practices, it can be expected that potential crowd funders and web entrepreneurs will regard investment opportunities and access to finance through crowdfunding as a viable solution for their needs. The education of both, the crowdfunding platforms as well as funders and entrepreneurs was therefore a key part…

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Sir Richard Branson invests in CrowdFunding site Indiegogo

Sir Richard Branson invests in CrowdFunding site Indiegogo

CFB news Wire: London, Some big names are throwing their support behind crowdfunding. otherinvestors announced today include: Dan Benton, Andor Capital Management CEO Tim Draper, Draper Fisher Jurvetson Founding Partner Dawn Lepore, Former Chairman and CEO of Drugstore.com Hans Morris, Nyca Partners Founder, Former President of Visa Virgin founder Sir Richard Branson, PayPal co-founder Max Levchin, Yahoo Chairman Maynard Webb and serial entrepreneur Megan Smith have led a round of investment in the crowdfunding site Indiegogo. The company would not disclose the size of the round, but the investors’ participation comes at…

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CrowdFunding among 2014 new words, definitions now in Merriam-Webster’s Collegiate Dictionary

CrowdFunding among 2014 new words, definitions now in Merriam-Webster’s Collegiate Dictionary

Crowdfunding joins big data and gamification, illustrating how technology is being used to understand and motivate behavior. And more new words: Peter Sokolowski, editor at large for Merrian-Webster Inc unveils new words including steampunk at the Springfield Museums on Monday afternoon. The announcement was made at the Steampunk exhibit at the George Walter Vincent Smith Art Museum. (DAVE ROBACK / THE REPUBLICAN). Peter Sokolowski, editor at large for Merrian-Webster Inc unveils new words including steampunk at the Springfield Museums on Monday afternoon. The announcement was made at the Steampunk exhibit at the George Walter Vincent Smith Art Museum. (DAVE ROBACK / THE REPUBLICAN). catfish (not the…

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Crowdfunding Growth Outstrips Moore’s Law by Factor of 10

Crowdfunding Growth Outstrips Moore’s Law by Factor of 10

Sheffield, UK (PRWEB) May 20, 2014, A mass of new data has revealed that global crowdfunding is growing exponentially, doubling every two months, and outstripping Moores Law of computing power by a factor of ten. The first major release of data and analysis from The Crowd Data Center for the first quarter of 2014 reveals that global crowdfunding is consistently doubling every 60 days. The UK grew faster still in February and March achieving a growth rate of 350% – in March more money was pledged in the UK than in January and February combined. Welcomed as a landmark in crowdfunding, the report is drawn from…

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Crowdfunder net’s biggest project yet with over £50k raised for FC United

Crowdfunder net’s biggest project yet with over £50k raised for FC United

CFB UK NEWS WIRE LONDON, 872 pledges and £51,395 raised by fans on crowdfunder.co.uk FC United of Manchester have smashed through their ambitious £46k fundraising target towards the cost of their function room and kitchen at the new Broadhurst Park ground in Moston, currently under construction. With an initial two month campaign called ‘Kit-It-Out’ on Crowdfunder.co.uk and a £26k target, fans proved unfailing in their support sailing through the first target with a month to go. Pledges continued, with a revised target set at a further £20k, to pay for the commercial kitchen, bringing the new total to over £51k as their campaign to raise money…

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Marshall Wace to IPO Peer-to-Peer Lending Fund

Marshall Wace to IPO Peer-to-Peer Lending Fund

By LAURENCE FLETCHER And IAN WALKER Updated May 16, 2014 12:44 p.m. ET Marshall Wace LLP, one of Europe’s biggest hedge fund managers, will launch a portfolio investing in peer-to peer loans, the latest move by hedge funds to tap into the fast-growing nonbank lending sector. The closed-ended P2P Global Investments PLC fund, which will be run by Marshall Wace, said Friday it is aiming to raise £200 million in an initial public offering, but this could be increased to £230 million. The fund plans to use its own computer programs to pick attractive, high-quality loans on peer-to-peer lending platforms that match borrowers and lenders directly…

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CrowdFunding and the FCA

CrowdFunding and the FCA

By Barry Sheerman (Huddersfield, Labour) It came as a slightly early Christmas present to learn that I had managed to secure a debate on crowdfunding and crowdsourcing, and the implications for the Financial Conduct Authority’s current inquiry into the regulation, or the possible need for regulation, of crowdfunding. I came to crowdfunding in a rather peculiar way. I kept hearing people talking about it, and I am a serial and committed social entrepreneur. In fact, the other day a journalist said that I must be one of the few MPs who own a church, a poet’s house and a pub, all through trusts, foundations or charities…

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East London Restaurant Shuns Crowdfunding, Seeks $4.1 Million

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Richard Vines | Bloomberg | May 9, 2014 – Two chef friends from St. John and Jamie Oliver’s Fifteen have formed their own company to raise funds for a Michelin-level dining room in East London. Tom Harris and Jon Rotheram are seeking 2.4 million pounds ($4.1 million) to acquire the freehold of the Marksman pub, where they plan to open a restaurant above the bar and add hotel rooms over that. They are raising money through the U.K. government’s Enterprise Investment Scheme and putting in 100,000 pounds of their own. East London, traditionally a working-class area, has in recent years become a fashionable center for bars…

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Crowdfunding success for smartwatch creator

Crowdfunding success for smartwatch creator

Paul Gill, founder and design engineer of the Orsto x3 smartwatch The Durham-based creator of a high-tech smartwatch has smashed an ambitious crowdfunding target in less than two weeks. Paul Gill, the founder and design engineer at Orsto, launched a Crowdcube Equity Investment funding campaign to raise £60,000 to launch the x3 smartwatch in mid-April. After achieving the funding target in just one week, the campaign ran into overfunding and raised £70,440, 117% of the original target, within 12 days. Initially, the plan was to run for 60 days. The x3 smartwatch boasts the same capability as a computer in a device similar in size to…

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“Crowdfunding isn’t just for startups”

“Crowdfunding isn’t just for startups”

By Jack Torrance.Among some commentators there is a perception that crowdfunding is a techie fad only suitable for risky startups. But Luke Lang, CMO and co-founder of Crowdcube, the world’s largest equity crowdfunding platform, says it is becoming an increasingly attractive proposition for established entrepreneurs. “The common myth is that crowdfunding is suitable just for startups and really early stage businesses but that’s not the case, it’s not what were seeing at all,” he says. “Around 20 per cent of the businesses we fund are startups, 50 per cent are early stage starting to get some traction behind them and the final 30 per cent are…

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Zopa Moneyfesto

Zopa Moneyfesto

Posted on 16 May 2014 by Mat As part of our BacktoBlack campaign on 0% balance transfer traps and credit card debt, we have created the Zopa Moneyfesto highlighting the key issues and changes we would like to see credit card companies make. Paving the way for better and clearer information for consumers, so they do not fall into the 0% balance transfer ambush as half of customers never pay off their balance and 25% of card holders lose their deal altogether. More information and tools about how to become debt free and get #BacktoBlack can be found on our Credit Card Help page. Download the…

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OurCrowd founder and CEO joins CrowdFundBeat live

OurCrowd founder and CEO joins CrowdFundBeat live

OurCrowd is quickly growing to be a powerhouse player in the global equity crowdfunding market. On April 23, 2014 at 12:00 Eastern, founder and CEO Jonathan Medved will join CrowdFundBeat for an exclusive discussion about the platform. Tune in here to watch the interview live. About OurCrowd: OurCrowd is a hybrid VC-equity crowdfunding platform for accredited investors only who wish to invest in Israeli and global early stage companies. Managed by a team of well-known investment professionals and led by serial entrepreneur Jon Medved, OurCrowd selects opportunities, invests its own capital and brings these startups to its accredited membership. Members choose those deals they invest in…

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What we can learn about Equity Crowdfunding “Title III” raises from other jurisdictions

What we can learn about Equity Crowdfunding “Title III” raises from other jurisdictions

by PAULNIEDERER on APRIL 20, 2014 While equity crowdfunding for unaccredited investors is not yet legal in the U.S.A. until Title III is passed, it is alive and well in other jurisdictions. Capital raising from unaccredited investors takes place every day. The two most active countries in equity crowdfunding or raising capital with the support of unaccredited investors are Australia (8 years) and the United Kingdom (3 years). ASSOB in Australia and Crowdcube in the United Kingdom have enough runs on the board to pass on some capital raising lessons to us. Each operates equity crowdfunding under differing legislation but in reality both have established and…

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Press Release