UK BUSINESSES TURN TO ALTERNATIVE FUNDING TO GROW Six out of ten business owners (63%) have either used crowdlending or would consider doing so, according to new research by peer-to-peer business loan website FundingKnight. In fact, nearly one in five SME owners or decision makers report that...
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Who would have thought it? The European Commission has just published a remarkable policy paper extolling the virtues of crowdfunding as a great way to finance small companies and stimulate growth. Indeed, the Brussels policy wonks are so gaga over the power of this means of...
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In an effort to quicken the realization of the government’s banking referral plan, the platforms behind alternativebusinessfunding.co.uk have offered to place the portal under neutral and independent management. continue reading...
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The trend is growing rapidly, driven by the advantages of this financing method in terms of transparency and proximity. In 2013, the amount raised will likely double to USD 5 billion, according to a study by US firm Massolution. In France, crowdfunding is still limited by...
Continue ReadingThe London Entrepreneurial Exchange (E2Exchange), headed by Sir Richard Branson, is behind the launch. The platform is called Ice Dragons – and will connect high-quality, ambitious start-ups with high net-worth investors. It is being delivered in partnership with the Welsh Innovation Centre for Enterprise (ICE). E2Exchange...
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CALL FOR APPLICATIONS FOR PARTICIPATION IN A EUROPEAN COMMISSION INFORMAL EXPERT GROUP "EUROPEAN CROWDFUNDING STAKEHOLDER FORUM" (ECSF) FINANCIAL MARKETS Securities markets continue reading...
Continue ReadingBriefing 27 March 2014 FCA publishes policy statement on crowdfunding regulation Author: Sam Robinson Partner T + 44 (0)20 7524 6836 sj.robinson@nabarro.com View profile Co - Author: John Finnemore Senior Associate T + 44 (0)20 7524 6432 j.finnemore@nabarro.com Summary and implications On 6 March 2014, the Financial Conduct Authority (FCA) published Policy Statement 14/4 (Policy Statement) outlining the FCA's...
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Today, the EU commission announced the results of the consultation on crowdfunding. 893 responses were received. All available to read under further links in this document: http://ec.europa.eu/internal_market/consultations/2013/crowdfunding/index_en.htm...
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http://europa.eu/rapid/press-release_MEMO-14-240_en.htm Crowdfunding offers many benefits that fit in with the wider objectives of the European Commission. The European Council in its June 2013 conclusions emphasised the need to develop alternative sources of financing in close cooperation with Member States. The Entrepreneurship 2020 Action Plan (see IP/13/12) aims to increase...
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06.03.14 1200hrs RESPONSE TO FCA ANNOUNCEMENT ON CROWDFUNDING REGULATIONS We welcome today's announcement, and the clarity it gives on how different forms of crowdfunding will be regulated from April this year. We are pleased that rewards based crowdfunding and community raises remain outside of regulation. Equity investments in early...
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