Author:Herald Scotland

Chamber of Commerce in Crowdfunding partnership

Simon Bain Business Correspondent/Personal Finance Editor Monday 30 June 2014 Glasgow Chamber of Commerce has become the first in the UK to form a partnership with a crowdfunding platform through a joint venture with Glasgow City Council. The tie-up with Funding Circle, the biggest business-focused platform in the peer-to-peer...

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Technology and healthcare crowdfunding platform launched

Source: Herald Scotland   AN Edinburgh-based company has launched the only equity-based crowdfunding platform designed exclusively for UK technology and healthcare ventures. ShareIn began a three-month 'beta' testing phase in December with five start-ups including three Scottish enterprises seeking investment, but went to full launch yesterday after...

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Accountancy firm warns SMEs against crowdfunding

AN accountancy firm is urging small and medium businesses to consider the long-term consequences before trying to raise money through crowdfunding and peer-to-peer lending warning there is scope to be "ripped off". CASH FLOW: Brewery company BrewDog is currently attempting to raise £4m through crowdfunding. FRASER...

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In with the in crowd

It was once a case of hoping for a sympathetic bank manager to back the next big idea.

Now everyone from scientists to artists is turning to crowdfunding – appealing on the internet for ordinary people to back their dream project with cash.

One of the world’s largest crowdfunding websites launched in the UK just six months ago. In Scotland, 32 projects have so far raised nearly £700,000 on Kickstarter.

Two-thirds of Scottish projects reached their fundraising target, better than the 45% overall rate.