City Planning

Toronto man crowd-funds to become Mobilicity’s white knight

Toronto man crowd-funds to become Mobilicity’s white knight

A Toronto resident has started a $400-million crowd-funding campaign to purchase Mobilicity, arguing the struggling new-entrant carrier must be saved to preserve competition in the $19-billion wireless market. Vaughan, Ont.-based Mobilicity, which is legally known as Data & Audio-Visual Enterprises Holdings Inc., is currently in early-stage takeover talks with Verizon Communications Inc. But it seems the U.S. telecom behemoth is not Mobilicity’s only interested suitor. A male, who self-identifies as “Valya Michael” on the Indiegogo crowd-funding platform, is also eyeing a takeover of the start-up carrier and is canvassing grassroots…

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Google Glass guides from South African company

Google Glass guides from South African company

Cape Town’s Tourism Radio has turned to crowdfunding platform Kickstarter in the hopes of launching interactive audio travel guides for Google Glass. Tourism Radio has turned to US crowd-funding website Kickstarter in an effort to raise £35 000 (R530 000) to fund the development of travel guides for Google Glass. Based in Cape Town, Tourism Radio was founded in 2005 by entrepreneur Mark Allewell. The company produces location-aware audio travel guides for 20 of the world’s most-visited cities and has offices in South Africa, New Zealand and Spain. Those who back the Kickstarter…

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Crowdfunding’s many goals: from building schools to busting mayors

Crowdfunding’s many goals: from building schools to busting mayors

Crippled by mounting financial debt, father and son duo David and Brian Best had few options left to save the potato farm their family has operated in Tryon, P.E.I., since the early 1930s. It was a customer who dropped in to Best Acre Farms to buy seed potatoes that sparked the family’s current bid to save their livelihood – crowdfunding. “I told him I was pulling strings to find out how I can source money, and he said, ‘Well, you might try crowdfunding,’ ” said Brian Best. Best did just…

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Crowdfunding Watch Department forms in Massachusetts

Crowdfunding Watch Department forms in Massachusetts

Earlier this month, the U.S. Securities...

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Waterloo gets its own crowdfunding hub

iFund-feature

Aside from Canada Day, Waterloo, Ont. has something else to celebrate today – the launching of a new crowdfunding platform specifically designed for citizen engagement purposes that is backed by city hall. The new Web site, iFundWaterloo.ca, has partnered with the City of Waterloo to be the first site of its kind in Canada. The site will be used to fund and promote the needs of Waterloo residents and encourage civic engagement around different projects. One project looking to raise money at the site launch is the design and building…

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