Business

From cafes to comic books, Canadian entrepreneurs turn to CrowdFunding

From cafes to comic books, Canadian entrepreneurs turn to CrowdFunding

By Benjamin Shingler, It hasn’t been an easy ride for April Defalco and Stacey Bebbington since opening their kid-friendly cafe in 2010. The Canadian PressSix months after launching, La Tasse Gamine suffered flooding damage from a broken water main in front of their shop. They were forced to close for six weeks of repairs. Then, last summer, after the business above their own was the target of an arson attack, the cafe was once again forced to shut its doors. The renovations — and some insurance wrangling — took eight months.…

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Which Type of CrowdFunding Is Best for You?

Which Type of CrowdFunding Is Best for You?

BY Sally Outlaw  In her book, Cash From the Crowd, Sally Outlaw, founder and CEO of crowdfunding website Peerbackers, reveals the secrets of funding your business with help from colleagues, peers, family, friends and even perfect strangers through a crowdfunding campaign. In this edited excerpt, the author explains the five types of crowdfunding to help you decide which might be right for you. Even though many people think the term crowdfunding is universal, there are actually multiple options available for those needing to raise funds. These models of crowdfunding basically break down into those that offer a…

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Crowdfunding: What’s in It for Scientists?

Crowdfunding: What’s in It for Scientists?

It seemed like no one was willing to take a chance on Louisa Edgerly. She had been working for months to get funding for her research trip to the Republic of Congo—nothing came. Her flight was booked and her equipment ready, but she knew she couldn’t fund herself for two months in the field. In near desperation she created a project campaign on Petridish.org, a science based crowdfunding website. 50 days later, and only two days before her flight, Edgerly had raised $7,330- just over her goal of $7,000. For emerging…

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ShopLocket Launches Pre-Order Platform To Help Bridge The Gap Between Crowdfunding And Shipping

ShopLocket Launches Pre-Order Platform To Help Bridge The Gap Between Crowdfunding And Shipping

There’s an increasing opportunity in helping hardware startups bring their products to market, and Toronto ecommerce startup ShopLocket has identified a key area in that process where they might be able to help out, and pick up some new business in the process. The company is introducing its new pre-order platform at the Glazed Wearable conference in San Francisco today, giving hardware startups and product-based companies a way to book sales of devices before they ever hit the production lines. Often companies like Pebble will launch on Kickstarter, bringing in…

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OurCrowd is crowdfunding the venture capital deal

ourcrowx

Fund taps high-end investors to finance Israeli tech startups An Israeli entrepreneur is taking venture capital deals for tech startups online in a new twist on crowdfunding. Jon Medved has raised about $22 million in total for 27 Israeli technology companies in the past year through a website called OurCrowd.com. Crowdfunding, a means of raising capital through investors over the internet, a form of fund-raising more associated with indie ventures in the arts through Kickstarter or Indiegogo. Unlike those sites, OurCrowd won’t take money from just anybody. “You have to have a minimum net…

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