Crowdfunding, Investment in startups, microinvest, mymicroinvest crowdfunding / Crowdfunding Please request to get permission to edit this page. I approve people who appear legitimate so it helps to add a message with your request. Due to overwhelming amount of requests and spam, I am not activating any editors so instead please just send a brief description and URL of the crowdfunding project that you would like listed here. That is the main reason why people want edit access (as opposed to enhancing the article). Contact Michael Sullivan - sulleleven on gmail or @sull on Twitter. This content was written in 2006 and originally added to Wikipedia by Michael Sullivan. Crowdfunding, inspired by crowdsourcing, describes the collective cooperation, attention and trust by people who network and pool their money together, usually via the Internet, in order to support efforts initiated by other people or organizations. Overview Crowdfunding, like Crowdsourcing, is very much related to online communities and social networks. Influence of the crowd is another factor.
Is tapping the crowds the future of funding? Crowd funding matches entrepreneurs with members of the public who are keen to investEnterprises pitch their business plans to potential investors onlineUK-based Crowdcube has so far helped SMEs find almost $450,000 in equity funding (CNN) -- Small and medium size businesses (SMEs) struggling to convince banks to loan them money are turning instead to the masses, in a new strategy being called crowd funding. It works like this: Enterprises pitch their business plans to potential investors online. Crowd funding for businesses is a relatively new idea. The practise has been previously used by organizations such as charities, but the internet has allowed for more people to get involved. "Crowd funding has been around for some time, where people invest in art or music and get a print or DVD in return," says Westlake. Crowdcube has been operating for around six months and has so far helped SMEs find almost $450,000 in funding. CNN's Emily Smith contributed to this story.
Crowdfunder's red tape talks at Downing Street Comments (0) The co-founder of an Exeter-based company which secures finance for enterprises from members of the public has briefed the Cabinet Office's Red Tape Challenge task force on his pioneering business funding model. Darren Westlake of crowdfunding business finance initiative Crowdcube, was among a handful of 'disruptive business model' entrepreneurs called to 10 Downing Street to discuss the start-up hurdles and barriers they faced from regulations drafted in a bygone era. Crowdcube, which was launched by Mr Westlake and Luke Lang in March last year, helps SMEs and start-ups raise finance, by providing them with an online platform to connect with a nation of 'armchair dragons' – which they say was the first business in the world to do so. Via the Crowdcube website, entrepreneurs showcase their business to potential micro-investors by uploading a Dragons' Den-style video pitch and supporting documents.
Funding Circle This estimated return is your return after fees and bad debt, but before tax. This calculation takes your bid rate and deducts the 1% annual investor fee and estimated bad debts for this risk band (based on a fully diversified portfolio lending to all businesses within that risk band). Annualised, estimated bad debts by risk band are: A+ = 0.6% (ie, each year we expect 0.6% of all loans to A+ businesses to become bad debts) A = 1.5% B = 2.3% C = 3.3% C- = 5% These estimates are provided as a guide only.
EarlyShares.com a Crowd Funding Platform - Crowdfunding Collaborative Lab Business Loans without Banks An investment through the ThinCats platform involves making secured loans directly to individual businesses and therefore your capital is at risk and interest payments are not guaranteed if the borrower defaults and it transpires that the value of security held to protect against borrower default is insufficient to repay your capital and interest. Your experience of defaults will affect your earnings through lending on the Platform. Please click on the "What are the risks?" button to read more. Member of the peer to peer finance association ThinCats are proud to be a member of the Peer to Peer Finance Association, the industry association which represent debt based alternative finance providers operating electronic platforms. Risk warning - please read Investment with ThinCats involves making secured loans to small and medium sized businesses and like all investments that involves some risk. Please note we are not covered by the Financial Services Compensation Scheme.
Jumpstart Our Business Startups Act The Jumpstart Our Business Startups Act or JOBS Act, is a law intended to encourage funding of United States small businesses by easing various securities regulations. It passed with bipartisan support, and was signed into law by President Barack Obama on April 5, 2012. The term "The JOBS Act" is also sometimes used informally to refer to just Titles II and III of the legislation (an example is here), which are the two most important pieces to much of the crowdfunding and startup community. Title II went into effect on September 23, 2013.[1] Title III is still pending. Legislative history[edit] In November 2011, the House passed several bills aimed at economic revitalization,[2] including Small Company Capital Formation (H.R. 1070),[3] Entrepreneur Access to Capital (H.R. 2930),[4] and Access to Capital for Job Creators (H.R. 2940).[5] The Entrepreneur Access to Capital Act was introduced by Patrick McHenry (R-NC) and revised in collaboration with Carolyn Maloney (D-NY). Reception[edit]
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