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Using Convertible Loans to Accelerate Early-Stage Investment

How standardised documentation supports angel investors, SMEs, and crowdfunding platforms across Europe Early-stage investment in Europe is evolving rapidly. Business angels, crowdfunding platforms, and growth-oriented SMEs are increasingly turning to convertible loans as a flexible tool to bridge financing rounds, accelerate due diligence, and simplify negotiations. Recognising this trend, ESIL has developed a series of […]

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EUROCROWD Contributes to the 8th Edition of AFME’s Capital Markets Union KPI Report

EUROCROWD is pleased to announce its contribution to the 8th edition of the Capital Markets Union (CMU) Key Performance Indicators Report, published by the Association for Financial Markets in Europe (AFME) in partnership with eleven leading European and international organisations. This collaborative publication assesses the EU’s progress in deepening and integrating its capital markets through

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Streamlining Early-Stage Investment Across Europe: Lessons from Term Sheet Templates

How standardised term sheets support angels, SMEs, and crowdfunding platforms in cross-border finance The European alternative finance ecosystem is evolving rapidly, but one persistent challenge remains: legal uncertainty and inconsistency in early-stage investment documentation. The ESIL term sheet templates offer a practical solution. Designed for harmonisation across EU member states, these templates aim to reduce

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Why Standardised Shareholder Agreements Matter for Angel Investing and SME Growth

Unlocking cross-border investment and reducing legal friction with harmonised templates in Europe In Europe’s rapidly evolving alternative finance ecosystem, legal complexity can slow down investment and hinder SME growth. ESIL has developed standardised shareholder agreement templates designed to make cross-border angel investing smoother, more predictable, and legally robust. At Eurocrowd, we see these tools as

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SAFE: A Practical Guide for Angels, SMEs, and Platforms

Simple Agreement for Future Equity: Why standardised SAFEs help speed investment, protect stakeholders, and unlock cross-border deals across the EU In the fast-moving world of early-stage finance, the SAFE (Simple Agreement for Future Equity) has become a go-to instrument for seed-stage investment. A SAFE is a contractual promise that converts an investor’s cash into equity

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Legal Due Diligence Made Simple: How Checklists Empower Angels, SMEs, and Platforms

Reducing risk, accelerating investment, and supporting cross-border growth Early-stage investment carries inherent risks—not just financial, but legal and operational. Legal due diligence is a critical step for business angels evaluating potential investments, but the process can be complex and time-consuming. Standardised legal due diligence checklists, such as those developed by ESIL, provide a structured approach

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Why NDAs Matter in Early-Stage Investment

Key Insights from ESIL’s Standard Non-Disclosure Agreement Template. Building trust, protecting innovation, and enabling smoother investment discussions across Europe In the dynamic world of early-stage investment, trust and transparency are the bedrock of successful partnerships. Before an angel investor, crowdfunding platform, or early-stage fund can evaluate a company, founders often need to share sensitive commercial

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ECSPR or ELTIF 2.0: Between Market Access and Investor Protection

The recent criticism of ELTIFs raised by the German consumer association (Verbraucherzentrale) is fundamentally justified, it addresses real risks arising from illiquidity, complexity, and long investment horizons. EUROCROWD supports the criticism, but it needs to be acknowledged that ELTIF 2.0 is not an invitation to deregulation, but rather an attempt by large financial institutions and

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Join us at the ESIL Annual Event on Business Angels and Deeptech

2–3 December 2025 | Brussels, Belgium Eurocrowd is pleased to participate in the ESIL Annual Event: Business Angels and Deeptech, taking place at the European Commission’s Covent Garden Building in Brussels. As part of our work with ESIL and its partners, we will engage with leading innovation actors, investors, and researchers to explore the future

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ECSPR Article 45 Review: Practical Solutions, Low Policy Cost, and a Stagnating Market

The European Crowdfunding Service Providers Regulation (EU) 2020/1503 (ECSPR) has, since its adoption, marked a significant milestone in building a first genuine single market for early-stage finance. By establishing a functioning harmonised regime for crowdfunding, it has streamlined rules and provided a more predictable framework for both investors and entrepreneurs. It is not perfect, of course, yet as

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