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Crowdfunding and Innovation Management

Crowdfunding and Innovation Management

By Owen Ray We all know the importance of continuous innovation, and around here we’ve been talking a lot about harnessing the power of the crowd to keep the idea machine running. Crowdsourcing is a great way to generate new ideas and solve tough problems, but it’s only a part of your innovation management process. With all of these ideas and solutions pouring in from the crowd, you’re eventually going to need to pony up some cash to execute on them. Again, involving the crowd to secure funding can not only nab some…

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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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Kickstarter Launches in Canada

Kickstarter Launches in Canada

People based in Canada can now build Kickstarter projects, the crowdfunding platform announced Monday. To begin, Canadian users must click on the site’s “Start a new project” button and select “Canada” in the drop-down list, according to a blog post. Projects will open to the public starting Sept. 9. “We thought the month-long gap would give everyone plenty of time to build and tweak their projects before launching,” the post said. Canada-based Kickstarter projects will function in the exact same way as those in the U.S. and UK — including…

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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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West Yorkshire songstress’s crowd-funding website appeal

West Yorkshire songstress’s crowd-funding website appeal

Music has been the sole passion for Kelly Mueller since she was seven-years-old, and when she was signed by international label Universal Records she thought her dreams had come true. The talented singer/ songwriter, who goes by the stage name of Kell on Urth, has spent time living in Los Angeles and London working on projects with the likes of Ne-Yo, Keri Hilson and The Script but her own album failed to materialise.   After three years with Universal, the 27-year-old, who lives in Darrington, near Pontefract, decided to go it alone…

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