Crowdfunding has been growing substantially in the recent years. Thousands of cultural organisations across Europe have used crowdfunding for community engagement, audience development, marketing as well as for funding. However, research shows that lack of awareness and understanding of this tool are among the main reasons why actors in the cultural and creative sectors (CCS) do not make use of it.
The EUCROWD project was launched in Slovenia on October 26 at a Conference hosted by the Institute for Electronic Participation
The Design Museum, London’s acclaimed institution devoted to the many facets of contemporary design, is about to reopen in a sprawling new space in Kensington. This eagerly anticipated move gives the museum three times more space to present historically important design objects and tell the stories of the people behind them.
Crowdfunding, as a way of raising money for a new venture, has become big business. From a small start in 1997 it was estimated to be an industry worth more than US$34 billion in 2015. But crowdfunding is still in its infancy and – as with any tool – it can be misused so that its potential for bringing innovations to the markets could be hampered.
In their second installmant of “Where They Are Now?”, alternative finance research firm AltFi has published an update on the status of crowdfunded companies since 2011 in the United Kingdom.
Read more on CrowdfundingInsider below.
Location: Karlsruhe, Germany
With more than 600 European platforms and an increasing number of funds raised, crowdfunding has today become a popular method of fundraising. But how attractive is crowdfunding for cultural organisations and museums? What type of finance can be raised through it and where does crowdfunding fit in the financial mix of museum’s activities?
Julia Elliott Brown, a crowdfunding consultant with a background in the fashion industry, shares her views on using crowdfunding for fashion and touches upon its impact on branding, marketing and customer engagement. Read more at The Industry.
Location: Le Hub Bpifrance, Paris, France
This is an high-level event for all the European professionals and stakeholders in the crowdfundingand alternative finance sectors.
LOCATION: Namur, Belgium
b.creative is the launch event of Creative Tracks, a EU project aimed at connecting young professionals worldwide to encourage cross-cultural collaborations and foster creative entrepreneurship.
The second reform of France’s crowdfunding regulation has officially come into force. Resulting from tight cooperation between industry professionals, regulators and government authorities, the new measures expand the scope of both crowdlending and crowdinvesting.