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CrowdFunding in 2020

CrowdFunding in 2020

By PAUL NIEDERER on MARCH 17, 2014 Looking 6 years into the future, what can we expect crowdfunding to be in 2020 Firstly, the word “crowdfunding” will have virtually disappeared as peer to peer transactions will have become the form. Same thing happened with the term social networking. Thats just the way most people communicate now and few call it social networking. Secondly, even equity crowdfunding will have moved more towards the “instant gratification” favoured in rewards based crowdfunding offers and be reflected as follows: Royalty based crowdfunding will draw…

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Canada 3rd highest contributing country as Kickstarter passes $1B

Canada 3rd highest contributing country as Kickstarter passes $1B

Erika Tucker | Global News – Crowdfunding site Kickstarter said Monday that it passed $1 billion in pledges with backing from 5.7 million people. Canada’s $44,913,678 worth of support was the third highest amount after the U.S. ($663,316,496) and the U.K. ($54,427,475). With more than half of the money pledged within the last year, Kickstarter is an increasingly popular option for entrepreneurs and inventors to garner funding for creative projects. The list of ventures is long and diverse: Board games, musicals, food trucks, bassoon quartets, a Veronica Mars movie, video…

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Canadian securities regulators eye rules on crowdfunding

Canadian securities regulators eye rules on crowdfunding

ALASTAIR SHARP | REUTERS | FEBRUARY 27, 2014 – TORONTO – Canada’s provincial securities regulators are looking to extend their jurisdiction to cover crowdfunding, the grass-roots form of fundraising being pursued by a growing number of start-ups and small ventures. The move is part of a broader plan to revise rules around who is qualified to invest in a publicly-traded company without first seeing a prospectus. Prospectus documents are designed to disclose the risks of buying into a company and protect vulnerable buyers. But some critics see them as onerous…

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‘Search Engine’ for the Crowdfunding, Celebrates Over $1 Billion Raised for Projects

‘Search Engine’ for the Crowdfunding, Celebrates Over $1 Billion Raised for Projects

WINNIPEG, Canada, Feb. 25, 2014 — /PRNewswire/ — The most popular Crowdfunding sites on the Internet (Kickstarter, Indiegogo, Rockethub, Fundrazr and Fundly) have collectively raised more than $1 Billion for successful, fully funded projects. This was made possible when projects listed on Fundrazr.com and Fundly.com were recently added to Crowdfundfusion.com, the first site on the Internet that sorts and groups projects from the major crowdfunding sites. The Billion dollar amount has special significance since it does not include money that is currently pledged or previously pledged from failed projects and…

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Trent University Oshawa Joins Forces with Durham Ideas Den

Trent University Oshawa Joins Forces with Durham Ideas Den

Trent University | February 10, 2014 – In the spirit of community collaboration and engagement, Trent University Oshawa has signed on as the 2014 academic partner with the Durham Ideas Den, the Region’s largest social innovation challenge for young change-makers, to foster Trent’s budding social entrepreneurs and encourage the development and growth of ‘big ideas’ for the social good. “Trent is delighted to be a part of the Durham Ideas Den initiative as the academic partner,” said Andy Mitchell, director of Government and Community Relations at Trent University. “A natural…

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