Knowledge Hub

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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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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Unlocking Business Success with IP Tools and Services – 23 October 2025 – online

EUROCROWD is continuing our commitment to supporting European entrepreneurs, SMEs, and innovation-driven startups. As an official member of the EUIPO’s Ideas Powered for Business Network, we invite you to join the upcoming online training organised by the European Union Intellectual Property Office (EUIPO): Train the Adviser – Unlocking Business Success with IP Tools and Services

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Boosting Early-Stage Investment in Europe’s Undercapitalised Regions 

Emerging EU innovation ecosystems—countries targeted under the EU’s ‘Widening Participation and Spreading Excellence’ policy, often referred to as ‘widening countries’—continue to face a persistent innovation gap compared to more mature innovation ecosystems in Western Europe. This divide is fueled by limited access to early-stage capital, a shortage of experienced investors, underdeveloped business angel networks, and

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French and Italian Crowdfunding Trends: A Comparative Look

While the full ESMA 2024 ECSPR figures (due Q4 2025) will provide the definitive pulse of Europe’s crowdfunding market, the Mazars/France FinTech barometer for S1 2025 (French only) offers an early, if cautionary, preview. Though not ECSPR-exclusive, its trends highlight structural shifts that test the regulation’s core ambitions: broadening access to early-stage capital while ensuring

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Pan-European Investment as a Driver of Innovation 

Cross-border investment plays a critical role in Europe’s innovation ecosystem. By enabling the movement of capital, knowledge, and expertise across national boundaries, it supports the development and scaling of startups and SMEs—key engines of economic resilience and technological progress.  Among early-stage investors, business angels are a vital part of this landscape. They provide not only

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How IP can save your company – Webinar, 9 September 2025

A Webinar for Startups and SMEs Too many startups and SMEs only realise the importance of Intellectual Property (IP) when it’s too late, after facing infringement, losing business opportunities, or suffering financial loss. Yet, IP is not just for large corporations or high-tech firms. Even the smallest businesses may hold untapped IP potential that can

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Europe’s Crowdfunding Platforms by Compliance

EUROCROWD’s July 2025 analysis of 236 licensed crowdfunding platforms across Europe, “ECSPR Compliance: Uneven Ground” revealed critical shortcomings in transparency and regulatory compliance under the European Crowdfunding Service Providers Regulation (ECSPR). Drawing on ESMA’s public register and standardized website reviews, our findings highlight both leaders and laggards in Europe’s crowdfunding ecosystem. Key Numbers Insights From

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Unlocking Radical Innovation

Can we fund Deep Tech through Crowdfunding and Business Angels? Deep tech—technologies rooted in advanced scientific and engineering innovation—represents a critical pillar for Europe’s future prosperity. Whether solving grand challenges in climate, health, energy, or security, these ventures build the foundations of entirely new industries and systems.  But deep tech startups face a harsh reality:

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