How early contributions affect crowdfunding success

“Entrepreneurs are increasingly relying on internet crowdfunding – the use of online platforms to raise money from multiple contributors. It’s reported that active global crowdfunding platforms generated more than US$34.4 billion (A$45 billion) in 2015. The World Bank estimates the crowdfunding industry will reach US$90 billion by 2020. In terms of scale, crowdfunding has become … Read more

Need templated forms, business plan samples or industry reports? Check out ProQuest Entrepreneurship Database!

Members of the Business Studio now have access to the full version 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 … Read more

Fintech startup HashChing has launched an equity crowdfunding campaign

Mortgage marketplace startup HashChing, a fintch startup disrupting the monopoly of the big banks, has launched an equity crowdfunding campaign. It’s currently live on the Equitise platform, which has one of the seven crowdfunding licences issued for the first time this year. HashChing, which is seeking between $1 million and $5 million, has so far raised … Read more

West Winds Gin wants to raise $3.5 million via equity crowdfunding to make more people “fall in love” with gin

Margaret River brand West Winds Gin has launched an equity crowdfunding campaign to raise $3.5 million to accelerate its growth, and while this form of fundraising is new to the Australian market, it’s been on the distiller’s radar for years. West Winds chief executive Paul White tells SmartCompany a business like his is a perfect candidate for an … Read more

Crowdsourcing app Snooper secures $1 million in funding ahead of overseas expansion

Benjamin Savona – SmartCompany – 3 May 2018 Australian crowdsourcing platform Snooper has raised $1 million in funding as it looks to break into overseas markets. he funding round was led by Sydney-based Microequities Venture Capital Fund, which is no stranger to funding Australian startups. Shaking up a relatively undisturbed market, Snooper helps brands and retailers … Read more

A startup making dissolvable caffeine hits just closed Australia’s first finished equity crowdfunding campaign

Revvies Energy Strips Limited just closed Australia’s first completed equity crowdfunding campaign. The company behind a fast dissolving mouth strip that delivers 40mg of caffeine raised nearly $300,000 from 239 investors via equity crowdfunding platform OnMarket. Xinja, a digital bank startup, was the first to launch, via Equitise, an equity crowdfunding offer. Its campaign is expected … Read more

Aussie Farmers Direct franchisees set up crowdfunding campaign after “pretty shattering” collapse

The daughter of a couple who invested their life savings in Aussie Farmers Direct franchises has helped them launch a crowdfunding campaign to support their financial situation after the collapse of the grocery delivery operator hit the couple hard. Brianna Roberts launched a YouCaring campaign this week after her parents, Heather and Geoff Roberts, received the call on Monday … Read more

Crowd funding websites given licences to help businesses raise money

THE FIRST seven licences have been issued for crowd-sourced funding (CSF) intermediaries to allow them to provide their services to help unlisted small to medium businesses raise money from investors.2 The Australian Securities and Investments Commission (ASIC) issued the licences under the new CSF regime and it means eligible public companies will now be able … Read more

EVERYTHING YOU NEED TO KNOW ABOUT EQUITY CROWD FUNDING

CROWD funding has long been a darling of entrepreneurs, inventors, and creatives. Platforms like Kickstarter, Indiegogo, and even Patreon have launched the successful careers of a number of Australian change makers. By allowing interested patrons to donate money, sometimes in exchange for tokens of appreciation, these crowdfunding platforms allow emerging and growing brands, products, and … Read more