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.

Vacancy: Intern at UKCFA

We are looking for a full-time intern to support the day-to-day running and promotion of UKCFA. The ideal candidate will be: Fluent in business-standard English Experienced in using WordPress Comfortable using social media Confident handling press and general enquiries Able to manage member voting procedures Able to coordinate research, meetings and admin Able...

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UK crowdfunding sector launches trade association

The UK’s leading crowdfunding businesses have joined together to launch a trade body, the UK Crowdfunding Association, aimed at providing clarity and consumer protection and for the whole industry. Crowdfunding in the UK has experienced massive growth over recent years. Operators provide a much-needed alternative source...

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Crowdfunders team up for trade body

Twelve “crowdfunding” firms have joined forces to create a self-regulatory trade body for the industry, which lets members of the public back start-up businesses. Members of the UK Crowdfunding Association (UKCFA) will have to comply with a code of practice to protect investors’ funds and keep...

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