Equity crowdfunding to be opened to retail investors as legislation passes Senate

“It may be hard to believe, but it’s true: the new equity crowdfunding regulations have officially passed the Senate, opening up equity crowdfunding to retail investors. The changes have been years in the making, with former Minister for Small Business Kelly O’Dwyer introducing the Government’s plans to change existing legislation in 2015 following recommendations made … Read more

New research resource available for entrepreneurs!

We currently have a short trial of the ProQuest Entrepreneurship Database. This database bridges theory with practice, covering a wide spectrum of resources useful to educators, researchers, students and practitioners. Content ranges from the scholarly – including journals, dissertations, working papers and conference proceedings – to a full toolkit of practical guides, templates, forms, sample … Read more

Ed Husic claims equity crowdfunding changes will exclude 99% of companies ahead of Senate debate

“The federal Labor Party will attempt to amend the government’s equity crowdfunding legislation when it is debated in the Senate next week, with federal shadow minister for the digital economy Ed Husic claiming the proposed bill would exclude the majority of early stage businesses. The federal government is making its second attempt to pass the Corporations Amendment … Read more

Crowd funding : how to raise money and make money in the crowd (book)

crowd_funding

Author: Modwenna Rees-Mogg Financial expert Modwenna Rees-Mogg describes these methods of raising finance and helps you to choose the right route for you. Comprehensive and accessible, it explores every aspect of this exciting new topic including: the different types of crowd funding, what the crowd likes to fund, how to persuade the crowd to invest … Read more

What investor strike? Equity crowdfunding enjoys strong start to 2016 despite controversial reforms

“Australian investors are continuing to fund deserving local startups despite increasing concerns about a so-called “investor strike”, VentureCrowd general manager Luke Fay says. Both the federal opposition and several members of the startup community have voiced concerns about investors closing their wallets until the startup tax incentives included in the innovation statement come into effect in July.” Read more … Read more

How a new business model helped this startup raise $1 million

“A Melbourne crowdfunding platform for socially conscious projects has raised more than $1 million in seed funding after incorporating a new legal structure into its business model. Since launching in 2013, Chuffed has facilitated more than $7 million in donations for social projects on its platform, CEO Prashan Paramanathan says.” Read more Dinushi Dias StartupSmart 23 Mar 2016

Crowdfunding laws a turnoff for venture capitalists

“Any business that raises capital using equity crowdfunding laws that passed the House Of Representatives on February 10 will have no chance of attracting venture capital investors in future, a leading angel investor says. Adrian Bunter, a prominent member of the Sydney Angels investor group, says venture capitalists won’t want the hassle of investing in businesses with potentially … Read more