The Heritage Lotery Fund in the UK is providing up to £10,000 - from a total funding pot of £125,000 - to organisations that are able to raise 75% of their target funding. Projects must raise a minimum of £4,000. The deadline for applications has now been extened. Read more on how to use crowdfunding 4 heritage below.
News and events
In December 2016 the UK FCA published a statement of its intention to publish a Consultation Paper in Q1 2017 proposing new rules for investment and loan-based crowdfunding platforms.
NextGen Crowdfunding has launched the Crowdfunding Video Awards
According to multiple reports, the Italian Stability Law for 2017 extends investment crowdfunding to all small and medium companies that want to raise capital online. Previously only “innovative” SMEs were able to raise capital online but now crowdfunding will be opened up to the 136,000 small firms that power the Italian economy.
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.
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.
Successful crowdfunding takes more than just filling out a profile on a platform – it requires a great deal of thought, commitment and social media know-how. Check out these five questions that organisations need to ask themselves before embarking on a crowdfunding campaign.