Kriticalmass : Powering Good. Irish crowdfunding platform Fund It passes €1m in donations - Digital Life - Digital Life. Today, Fund It is saying thanks to 18,000 people who together have donated more than €1m to 350 projects on the site over the past 16 months. Fund It is Ireland’s first crowdfunding platform, running on the same idea as Kickstarter, where users can ask others to fund a project they’re working on, be it a work of art, a book of poetry, a music festival or a video game. Users set a target they need to reach in a certain time frame, and they also offer various rewards depending on how much visiting philanthropists are willing to donate. Since the site launched in March 2011, pledges coming from all over the world have funded 250 performances, films, events and projects in science, art, fashion, publishing and more.
A project from Dr Laurence Gill and PhD research student Joanne MacMahon of Trinity College Dublin’s Department of Civil, Structural and Environmental Engineering is the site’s highest-grossing campaign so far, having raised more than €24,000 from 201 donors. Elaine Burke. Spacehive. People Fund - People Fund.
Peer 2 Peer Lending and Social Lending in the UK - RateSetter.com: A better way to save or borrow, peer to peer. Microfinance from CARE International UK | lendwithcare.org. Crowd Investments - Crowd Investment by BriceAmery Capital Ltd. Terms of Service. This page states the Terms & Conditions of Use under which members and users (collectively 'Users') may make use of this Website, its Services and any other websites under VODO control (whether partial or otherwise). Access to this Website and the use of information on it and use of its Services are subject to these Terms & Conditions. You should carefully read these Terms & Conditions. By using the Website and its Services, you agree and will be deemed to have accepted them. We may update these Terms and Conditions (or any other terms and conditions relevant to specific areas of the Website and or Services) from time to time for business, legal or regulatory reasons or to allow the proper operation of the Website and or Services.
Any changes will be notified on the Website and or Services. Definitions In these Terms & Conditions, the following terms shall have the meanings indicated: 'VODO' means the owners and operators of VODO.NET; 'Artists' Agreement' means the Artist Agreement; FAQs - Bloom - Venture Catalyst. Crowdfund uk blog.
UKIE Crowd Funding Report - A Proposal to Facilitate Crowd Funding in the UK - February 2012 | The Association for UK Interactive Entertainment. Access to finance is a key barrier to growing the interactive entertainment industry in the UK. UKIE believes that crowd funding models can provide a valuable source of finance for games and interactive entertainment businesses, particularly the large number of innovative and creative start-ups and SMEs that are emerging in the UK. The interactive entertainment industry is at the forefront of the adoption of crowd funding and crowd sourcing in the digital sector; a recent American crowd funding project (Double Fine Adventure) recently broke records by raising over $1.5 million in 24 hours on the crowd funding platform Kickstarter.
However, we also believe that crowd funding has the potential for much wider use by SMEs in other sectors and wider community based projects throughout the UK. CROWDFUNDING LAW UK. About | My Major Company UK. Homepage | WeDidThis. Peer-to-Peer Equity: Crowdcube. With the introduction of p2p lending some lenders wrote that the concept enabled everyone to feel as banker. Now, newly launched Crowdcube.com enables any UK resident to feel as venture capitalist for a financial commitment as low as 10 GBP. Investors can browse pitches which usually include business plans and financial projections and sometimes even video pitches.
In return for the investment, investors get shares of the company. For example entrepreneur Daniel Vinson wants to raise 50,000 GBP. He is offering 49% equity in return, meaning investors roughly get 1% shares in return for 1,000 GBP investment. So far 11 investors have pledged 1,200 GBP. There are 6 entrepreneurs pitching for funding at the moment. Crowdcube, founded by Darren Westlake and Luke Lang, launched 2 weeks ago. Investors are charged a processing fee by Crowdcube for each transaction equal to the sum of 0.20 GBP plus 4% of the value of the transaction. Actually foreign investors *can* invest and some have. How to Become a Shareholder of Crowdcube. Yesterday I invested a small amount and will become a shareholder of Crowdcube Ltd., which runs the British p2p equity marketplace Crowdcube.com (see earlier articles about Crowdcube).
Crowdcube is currently using it’s own platform to raise 300,000 GBP (approx. 470K US$) for a stake of 9% in the company. If you decide quick, you can become a shareholder of Crowdcub too (minimum investment is 10 GBP). For UK residents investments of over 500 GBP mean they are eligible for a 30% income tax rebate under the EIS scheme. At the time of this writing the pitch is 54% funded and it looks like it will fully fund within the next days. Crowdcube provides a slide presentation and a forecast. The founders achieved quite a lot in the short time since launchGood marketing angle.
I am fairly optimistic that the influx of pitches won’t be a problem. I plan to post further reviews of the progress (naturally I won’t share any confidential data made available to shareholders). Tags: crowdcube, p2p equity. Crowdcube's Channel. Crowdfunding Today (crowdfundtoday) Buzzbnk - Positive People Backing Bright Ideas. Sponduly | Welcome. Crowdfunding UK - Social Lending - Creative Ideas - PleaseFund.Us. WeSayWePay.com (wesaywepay)