The potential of crowdfunding for boosting economic and social effectiveness of European Structural and Investment Funds

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The growing necessity for the implementation of new financial schemes within the framework of European Structural and Investment Funds (ESI) is becoming more and more evident. At the same time, a more democratic, transparent and efficient allocation of such European resources continues to be a priority for the European Commission, as well as for regional authorities and citizens.

In this perspective, the European Crowdfunding Network would like to highlight some of the potential benefits that civic crowdfunding could provide, if coupled with ESI Funds and other resources. You can find our arguments in the following white paper “The European Dimension of Civic Crowdfunding. The potential of crowdfunding for boosting economic and social effectiveness of European Structural and Investment Funds”.

http://eurocrowd.org/wp-content/blogs.dir/sites/85/2017/11/Civic-Crowdfunding-and-ESF_Final.pdf

The paper will serve as a basis for the creation of a Working Group of interested parties (both from the crowdfunding industry and from regional and local authorities) that will jointly analyse how of Crowdfunding can be integrated into ESI Funds as a match-funding mechanism. We firmly believe that, in order to have a stronger impact on European and national policy-makers, it is of paramount importance to gather a strong network of organisations that agree on the statements that we want to put forward.

If you would like to support the views expressed in this paper, or receive more information on how to join the Working Group, please contact francesca.passeri@eurocrowd.org.

An informal meeting with interested parties will be held on Thursday, December 14, from 15.00-17.00 at the premises of the Emilia-Romagna Delegation to the EU (Rue Montoyer, 21, 1000 Bruxelles). A representative from the European Crowdfunding Network and Frederik Lamote, founder of the civic crowdfunding platform Growfunding, will present the coming work of the working group and gladly provide an answer to your questions.

Please confirm your attendance by sending an email to francesca.passeri@eurocrowd.org including “CF for ESI Funds meeting” in the subject line.

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