Among other speakers, Oliver Gajda, ECN Executive Director, took part to EVPA’s sixth EU webinar which was held in Brussels on the 16th of March 2016.
Since the launch of the first online platforms in the late 90’s, the crowdfunding industry has grown steadily and today represents a market of 30 billion EUR, doubling or more every year. Increasingly popular as a means of raising finance from a diverse pool of potential backers, crowdfunding provides an alternative source of financing for any kind of businesses that may otherwise struggle to secure financing from more traditional sources.
And this is also the case of a growing number of traditional charities and social entrepreneurs, who can now resort to crowdfunding platforms that are exclusively catering for social purposes.
How easy is crowdfunding to use and how can it meet the needs of social purpose organisations? Is it worth the time and effort? What are the different funding models available? And what are the regulatory issues to consider?
These were among other questions tackled by the EU experts and VP/SI practitioners during EVPA’s last EU Webinar.