We need more PR to promote crowd-funding
2013 has been a good year so far for Crowd-funding and P2P lending platforms such as Zopa. It’s really looking like we may have hit a tipping point that will take P2P platforms into the public consiousness.
Lat month, crowdcube fully funded 6 projects, raising over £2.2m from 701 investors with an average of £3,240 per investor. I firmly believe that most UK investors in time will have an allocation of their savings in start-ups via crowd-funding platforms,especially with the tax benefits of EIS and in particular SEIS investments.
Here’s a good article on Crowdfunder..
During the month of August when many people were sunning themselves on a beach somewhere, equity crowdfunding platformCrowdcube was very busy. So busy in fact they raised a stunning £2,268,580 for the entire month. This represented 6 funded pitches and the support of 701 investors. The average amount invested stood at £3,240. The largest amount raised was £1.3 Million with the smallest standing at £37,500. Expectations are these funded businesses will generate approximately 253 jobs in the next few years. Continue….