Crowdfunding : Risk or opportunity?

Midi de la finance inclusive
“Crowdfunding : Risk or opportunity?”
Oliver Gajda
Chairman & Co‐Founder
European Crowdfunding Network AISBL
Midi de la finance inclusive | 27 March 2014 | Crowdfunding : Risk or opportunity ? ‐ [email protected]
Can crowdfunding be a good alternative
for the funding of new initiatives?
Company
Project
Product
Off‐Grid Solutions
WakaWaka Light
Low‐cost high‐tech
powered technology
Project Location
Crowdfunding Platform
Worldwide (esp. Developing
World)
Symbid
Type
Total Investment
Number of Investors
Web
Equity
USD $100,000.00
320
http://waka‐waka.com/
Midi de la finance inclusive | 27 March 2014 | Crowdfunding : Risk or opportunity ? solar
Can crowdfunding be a good alternative
for the funding of new initiatives?
Company
Project
Product
Sunny Money
Solar lighting and cell phone
charging in Zambia
Low‐cost high‐tech solar
powered technology
Project Location
Crowdfunding Platform
Zambia
SunFunder
Type
Loan (3.5% annual interest)
Total Investment
Number of Investors
Web
USD $20,000.00
128
http://www.sunnymoney.org
Midi de la finance inclusive | 27 March 2014 | Crowdfunding : Risk or opportunity ? Can crowdfunding be a good alternative
for the funding of new initiatives?
Company
Angaza
Project
Pay‐as‐you‐go solar energy
Product
Solar Home Systems
Project Location
Tanzania
Crowdfunding Platform
SunFunder
Type
Loan (3.5% annual interest)
Total Investment
USD $15,000.00
Number of Investors
91
Web
http://www.angazadesign.com/
Midi de la finance inclusive | 27 March 2014 | Crowdfunding : Risk or opportunity ? Can crowdfunding be a good alternative
for the funding of new initiatives?
Company
Project
Project Location
Crowdfunding Platform
Type
Total Investment
Web
Ushahidi
Mobile internet router
Nairobi, Kenya
Kickstarter
Reward‐based
pre‐sales
campaign to finance the
production cost of the
BRCK device
USD $172,107.00
http://brck.com/
Midi de la finance inclusive | 27 March 2014 | Crowdfunding : Risk or opportunity ? Can crowdfunding be a good alternative
for the funding of new initiatives?
Company
Project
Product
Project Location
Crowdfunding Platform
Type
Total Investment
Number of Investors
Web
Pollinate Energy
Renewable energy micro‐
franchising
Solar lights
India
Chipin
Donation
USD $10,500.00
Approx. 120
http://pollinateenergy.org/
Midi de la finance inclusive | 27 March 2014 | Crowdfunding : Risk or opportunity ? Can crowdfunding be a good alternative
for the funding of new initiatives?
Affordable, efficient
semiconductor chip
Kickstarter
and
via
energy saving
Donations on
Clean energy water turbine via Donations on Kickstarter
Coffee shipping by wind‐powered boats via rewards (coffee) on Carotmob
Midi de la finance inclusive | 27 March 2014 | Crowdfunding : Risk or opportunity ? Does current regulation make crowdfunding
risky for investors and entrepreneurs?
… and that is all you need to know for now
Midi de la finance inclusive | 27 March 2014 | Crowdfunding : Risk or opportunity ? What are then the opportunities?
I call it « The Wheel », …
Midi de la finance inclusive | 27 March 2014 | Crowdfunding : Risk or opportunity ? What are the current actions at European level
to encourage crowdfunding?
Regulation
Education
Research
Public Bodies
• Review Legislation
• Expert Groups
• Political Cause
• Foster sustainability
• Crowdfunding as Funding Tool
• Create Incentives
• Fund Impact Research
• Support European/ National Industry
Body
Industry
• Train Customers
• Code of Conduct
• Promote Success
• Reporting Guidelines
• Customer Protection & • Showcaser Benefits
and Risks
Due Diligence
• Benchmarking, Transparency & Data Provision
• Collaborate in R&D
Outcome
Professional and globally
competitive industry with
established set of rules in the best interest of EU Economy
Public awareness and understanding of citizens’ ability to innovate and help economic development
Public and transparent data repository and understanding of social and economic impact Midi de la finance inclusive | 27 March 2014 | Crowdfunding : Risk or opportunity ? Is Luxembourg a suitable environment for the implementation of a crowdfunding platform?
“The best way to predict the future is to create it” Abraham Lincoln
Midi de la finance inclusive | 27 March 2014 | Crowdfunding : Risk or opportunity ? Thank you !
Midi de la finance inclusive | 27 March 2014 | Crowdfunding : Risk or opportunity ?