Category Archives: Crowd Funding

Global Crowd Funding Market: Which companies will have a strong foothold? – Feed Road

Crowd Funding Market Industry Research Report focuses Market Size, Share, Growth and Forecast to 2025. This marketing research Report based upon factors on which the businesses compete within the market and this factor which is beneficial and valuable to the business. The report is based primarily on the elements that companies compete in the marketplace as well as on those elements that are useful and helpful to the business. Research objectives of the study included the analysis of global Crowd Funding Market consumption in terms of size and value based on parameters such as regions, application and product type based on data and forecast for the period of 2025. The report gives a survey of important factors such as product analysis, a critical explanation, and other industry-connected data. Major manufacturers are obtaining the strategy of product innovation and development to sustain the increasing competition and boost their consumer base.

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Crowd Cube Capital, Kickstarter, Indiegogo, MicroVentures Marketplace, CircleUp Network, GoFundMe, Seedrs, Fundable

This report gives an in-depth and broad understanding of the Crowd Funding Market. With accurate data covering all key features of the prevailing market, this report offers prevailing data of leading companies. its mentioned to assess market conditions by providing accurate historical data for every and each sector during the forecast period. Driving forces, restraints and opportunities are given to assist give an improved picture of this market investment for the forecast period of 2019 to 2025.

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Finally, all aspects of the Global Crowd Funding Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market research provides important information and actual data about the market that provides an overall statistical study of this market based on market drivers, limitations and future prospects. This report presents international economic competition with the help of Porters five forces analysis and SWOT analysis.

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Strategic Developments: The custom analysis gives the key strategic developments of the market, comprising R&D, new product launch, growth rate, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Table of Contents

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Global Crowd Funding Market: Which companies will have a strong foothold? - Feed Road

Crowd Funding Market to Witness Slow Growth Owing to Unfavorable Government Policies in 2016 2022 – Redhill Local Councillors

The global Crowd Funding Market reached ~US$ xx Mn in 2019 and is anticipated grow at a CAGR of xx% over the forecast period 2016 2022. The business intelligence study of the Crowd Funding Market covers the estimation size of the market both in terms of value (Mn/Bn USD) and volume (x units).

In a bid to recognize the growth prospects in the Crowd Funding Market, the market study has been geographically fragmented into important regions that are progressing faster than the overall market.

Each market player encompassed in the Crowd Funding Market study is assessed according to its market share, production footprint, current launches, agreements, ongoing R&D projects, and business tactics. In addition, the Crowd Funding Market study scrutinizes the strengths, weaknesses, opportunities and threats (SWOT) analysis.

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What insights readers can gather from the Crowd Funding Market report?

The Crowd Funding Market report answers the following queries:

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key players in crowd funding market, which are having their websites as the crowd funding platforms are as follows:-

The report covers exhaustive analysis on:

Regional analysis for Crowd Funding Market includes

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Crowd Funding Market to Witness Slow Growth Owing to Unfavorable Government Policies in 2016 2022 - Redhill Local Councillors

How the sands have shifted on Awaroa, ‘New Zealand’s beach’ – Stuff.co.nz

Not long after Awaroa became New Zealand's beach, resident Geoff Philips found a woman camping on the sand.

"I said, 'what are you doing here?' She said, 'I paid money towards this'. I said, 'where did you go to the toilet?' 'Oh, I didn't go', she told me.

"I said, 'really? In 24 hours you didn't go to the toilet?'"

The furtive camper was one of many Kiwis who chipped in for the 2016 Givealittle campaignthat raised $2.8m to buy Awaroa Beach for New Zealand. The 2.8-hectare (6.9 acre) property, with its 800 metres of coastline, later became part of Abel Tasman National Park.

READ MORE:*Awaroa Beach officially becomes part of Abel Tasman National Park*A year on - visiting Awaroa Bay, the beach that Kiwis bought*Adam Gard'ner: Community spirit at heart of buy the beach campaign

For a while, interest in the beach was strong, Philips said. Tourists sprawledon the white stretch of sand and hikedalong the 2km-long inlet.Tour guides cashed in on the beach's fame.

BRADEN FASTIER/STUFF

After the crowdfunding campaign, boat operators would point the beach out to visitors, said Geoff Philips. "All the boat operators made a meal of it, come down and see your beach."

"All the boat operators made a meal of it, 'come down and see your beach'."

Four years later, the dust has settled, Philips said. But as part of one of the country's most visited coastlines,Awaroa Beach has hitched its wagon tothe fortunes of the national park,home to golden beaches, turquoise waters and one of the country's favouritewalks.

Last year, about 300,000 people visited the park, a tenfold increase since Philips built his property on a bankoverlooking theestuary30 years ago.

For a long timethe home was a summer getaway, butthree years ago, after a couple of health scares, Philips packed in his Wellington job and moved to the beach. His wife, Elva, keeps a foot in each camp, dividing her time between the capital and Awaroa.

BRADEN FASTIER/STUFF

The sands have always shifted on Awaroa Beach. In 2018, when Cyclone Fehi's storm surge coincided with a king tide, vegetation and sand was swept away.

Summers are busy for Philips, who works for tour company Wilsons. Heferriespeople to and from water taxis, and rescues stranded kayakersandlost hikers. During colder months, he has the beach to himself,an unofficial caretaker for the handful of baches that line the inlet.

Over the decades, Philips has watched thelandscape change.

Twenty-five years ago, the sea forged a new path into the inlet, taking out a house and a slice of land. And in 2018, the storm surge of ex-Tropical Cyclone Fehi coincided with a king tide, inundatingcampsites around the park. Awaroa Beach lost a large section of dunes, including habitat for nesting birds.

"When the spitwashere we had 300 ternsbut now there'snowhere for them to go," Elva said.

BRADEN FASTIER/STUFF

Geoff and Elva Philips are the sole year-round residents of the Awaroa Bay community.

"The cyclone took a lot of sand. It's good that people boughtthe beach, but it's half what it was."

Last year, aDepartment of Conservation reportoutlined the expected impact of an expected 0.5 to 1msea level rise by 2100 on New Zealand's coastal areas.

Sixty-two Abel Tasman assets, including huts and campsites,and more than five per cent of the track are at risk, the report said.Higher tides are coming, and DOC plansto move some campsites to safer ground.

When Awaroa Beachbecame part of the national park in 2016, DOC said work would be done to restore the dune ecology.

BRADEN FASTIER/STUFF

To get to Awaroa Beach, you'll need to take a water taxi, or park at the end of the long inlet.

Operations manager Dave Winterburn said the first priorities after the beach changed hands were fencing off nesting areas and arranging access for walkers and boat operators.

Over the coming year, DOC will "explore options for restoration", he said.

"While the cyclones did impact some private beachfront properties around theAwaroaestuary they weren't a determining factor for whether work was done or not done on the 'People'sBeach'.

"If anything they have prompted more discussion about restoration work."

With the sea nibbling away at their front garden, the Philips can't help think about Awaroa's future.

But for now, they do what they can to preserve the beach.

BRADEN FASTIER/STUFF

Catherine Taylor was working in Doubtful Sound when she donated $20 to the crowdfunding campaign in 2016. Now, she's a chef at Meadowbank Lodge, on the beach she helped buy.

"It's our backyard," Elva said. "If there's rubbish on the ground we pick it up. We just think, we have to look after it."

Catherine Taylor works as a chef at Meadowbank Homestead, catering to package tours of hikers and kayakers making their way along the coastal track.

Four years ago, she was working on a cruise boat in Doubtful Sound,a job that ignited alove of wildand remote landscapes.

After work, Taylor and her colleagues would turn to the quiz in The Southland Times. Flipping through the pages one evening, the crew spotted a story about the crowdfunding campaign.

BRADEN FASTIER/STUFF

Meadowbank Lodge chef Catherine Taylor caters for crowds of hungry kayakers and trampers passing through Awaroa Bay.

"It reminded us of where we were, andwhat if that was sold off overseas," Taylor said."I felt very strongly I wanted [Awaroa] to stay in New Zealand."

Taylor pledged $20 to the campaign, then forgot about the white-sand beach until acouple of years later, when she got a job on tour boats travelling along the Abel Tasman.

"One day, I was on the boat and they were like, this is your beach. It was a shock when I realised.

"I put towards it without knowing [where it was], and now I'm working here."

Visiting Awaroa Beach means a water taxi journey, or a 2kmhike along the inlet from the end of an unsealed road.

The remoteness preserves the beach's tranquility, Taylor said.

"Other parts of the park are very busy. To come to Awaroa and have the whole beach to yourself is amazing."

BRADEN FASTIER/STUFF

Kayak guide Rob Barth loves to show off the Abel Tasman's bird life, estuaries and beaches to visitors.

RobBarthhas spent two summers working as a kayak guide on the Abel Tasman.

It's easy to see why visitors love the park.

"The golden beaches, the clear waters, the estuaries,the bird life," Barth said.

Working on the water, Barth has a keen eye for the way the coastline has altered. AfterFehi, it was "exciting" to see how dramatic some of the changes were, he said.

But the effect on the bush and the birdlife was sobering, he said.

"The waves are changing and the sand is shifting,"Barthsaid."I think about it a lot."

There were few tourists on the beach when Stuff visited.

BRADEN FASTIER/STUFF

German visitors Theresa Hasmann and Jens Haumann thought the beach would be packed. But they found it "lonely".

Theresa Hasmann and her partner, Jens Haumannwere on holiday from Germany. They stayed in Nelson the night before and visited Awaroa on a recommendation from their hostel. With limited time, they planned to view the rest of the park from the top deck of a water taxi.

"The landscape isreally pretty," Hasmannsaid. "I thought because it ishighseason there'sgoing to be a lot of people. But there'snot;it'slonely."

Irish couple Catriona and Eugene Scally were soaking up the sun ahead of a walk to Tonga Quarry to meet their water taxi.

"We couldn't be further away from Ireland," Eugene said.

He hadn't heard of the crowdfunding efforts, but wasn't surprised that Kiwis had thrown their weight behind the campaign.

"People have pride in where they live, I think that's absolutely fantastic.

BRADEN FASTIER/STUFF

"We couldn't be further away from Ireland." Irish couple Eugene and Catriona Scally enjoyed the solitude on Awaroa Beach.

"We heard [New Zealand] was beautiful but it's exceeded our expectations."

Christchurch manAdamGard'nerwas another visitorto Awaroathis summer.The beach has special significance forthe Christchurch man and his family:Gard'nerandhis brother-in-lawDuaneMajor were behindthe 2016Givealittlecampaign.

Hetriesto getback each year, butJanuary wasthe firsttime he'd visited with his children for sometime.

"We justlove it.The pristine beach,the beautiful green ofthe bush land, it's magical."

MARTIN DE RUYTER/STUFF

Adam Gard'ner and Duane Major dreamed up the crowd funding campaign to buy Awaroa Beach for New Zealanders.

The family walkedthroughthe bush, swam inthe sea, and chattedto other visitors.

"They mentioned how cool itwasthatit's partofthe park now and can be shared by everyone."

Gard'nerkeptsilentabouthis partinthe beach, butitwas a meaningful moment.

"Whenthe land can connectpeople,thatcan be really powerful."

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How the sands have shifted on Awaroa, 'New Zealand's beach' - Stuff.co.nz

Online crowdfunding platform market was estimated to be US$ 456.51 Mn in 2018 and is expected to reach US$ 752.56 Mn by 2027 growing at a CAGR of 5.2%…

The primary market participants in the online crowdfunding platform system market Birchal Financial Services Pty Ltd, Blackbaud, Inc., Chuffed.org Pty Ltd, Crowd88, Crowdcube Capital Ltd, Crowdfunder.com. (RocketHub), CROWDFUNDING.COM.AU Pty Ltd

The proliferation of internet and smart devices has brought numerous users online. Crowdfunding sites are now able to market their platform through the means of social media. The ease with which information can be accessed allows new as well as hobby-investors to make minuscule investments. The idea of crowdfunding has a long history with several roots. Books and clothes have been donated for centuries. With the advancement in technology, crowdfunding became a useful methodology for many entities. The internet has upgraded the funding channels with better accessibility and usage. For instance, in 1997, fans organized an entire United States tour for the British rock band Marillion, raising 60,000 dollars in donations utilizing a fan-based Internet campaign. On the other hand, organizations are using the crowdfunding platform to raise funds for their operation and expansion of their business. Many of the Government agencies across the globe, have been supporting crowdfunding agencies to proficiently support creativity and innovation. For instance, in Australia, Equity and Debt-based crowdfunding are regulated by the Australian Securities and Investment Commission(ASIC), and these factors are propelling the online crowdfunding platform market in Australia.

Request a [emailprotected] https://www.absolutemarketsinsights.com/request_sample.php?id=348

Equity-based crowdfunding has been the ace in the online crowdfunding platform market, as it gives individuals partial ownership of the company in addition to sharing profits made by the company. The advent of equity crowdfunding is generating opportunities for both SMEs and startups to tap into their networks and customers. In Australia, equity crowd funding is available for companies that have an annual turnover or gross assets of $25 million or less. In 2018, ASIC issued the Australian Financial Services (AFS) license to seven companies as a part of the new crowd-sourced equity funding regime. This has enabled businesses in Australia to raise capital by offering shares via online platforms operated by these intermediaries.

The detailed research study provides qualitative and quantitative analysis of Australia online crowdfunding platform market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major states. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major states across Australia.

Enquiry Before [emailprotected] https://www.absolutemarketsinsights.com/enquiry_before_buying.php?id=348

Key Findings of the Report:

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Online Crowdfunding Platform Market

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About Us:

Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization.

From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

Contact Us:

Company: Absolute Markets Insights

Email id: [emailprotected]

Phone: +91-740-024-2424

Contact Name: Shreyas Tanna

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Online crowdfunding platform market was estimated to be US$ 456.51 Mn in 2018 and is expected to reach US$ 752.56 Mn by 2027 growing at a CAGR of 5.2%...

Online Crowdfunding Platform Market Estimated to be US$ 456.51 Mn in 2018 and is Expected to Reach US$ 752.56 Mn by 2027 Growing at a CAGR of 5.2%…

The primary market participants in the online crowdfunding platform system market Birchal Financial Services Pty Ltd, Blackbaud, Inc., Chuffed.org Pty Ltd, Crowd88, Crowdcube Capital Ltd, Crowdfunder.com. (RocketHub), CROWDFUNDING.COM.AU Pty Ltd

PUNE, India, Jan. 27, 2020 /PRNewswire/ -- The proliferation of internet and smart devices has brought numerous users online. Crowdfunding sites are now able to market their platform through the means of social media. The ease with which information can be accessed allows new as well as hobby-investors to make minuscule investments. The idea of crowdfunding has a long history with several roots. Books and clothes have been donated for centuries. With the advancement in technology, crowdfunding became a useful methodology for many entities. The internet has upgraded the funding channels with better accessibility and usage. For instance, in 1997, fans organized an entire United States tour for the British rock band Marillion, raising 60,000 dollars in donations utilizing a fan-based Internet campaign. On the other hand, organizations are using the crowdfunding platform to raise funds for their operation and expansion of their business. Many of the Government agencies across the globe, have been supporting crowdfunding agencies to proficiently support creativity and innovation. For instance, in Australia, Equity and Debt-based crowdfunding are regulated by the Australian Securities and Investment Commission(ASIC), and these factors are propelling the online crowdfunding platform market in Australia.

Request a Sample@ https://www.absolutemarketsinsights.com/request_sample.php?id=348

Equity-based crowdfunding has been the ace in the online crowdfunding platform market, as it gives individuals partial ownership of the company in addition to sharing profits made by the company. The advent of equity crowdfunding is generating opportunities for both SMEs and startups to tap into their networks and customers. In Australia, equity crowd funding is available for companies that have an annual turnover or gross assets of $25 million or less. In 2018, ASIC issued the Australian Financial Services (AFS) license to seven companies as a part of the new crowd-sourced equity funding regime. This has enabled businesses in Australia to raise capital by offering shares via online platforms operated by these intermediaries.

Story continues

The detailed research study provides qualitative and quantitative analysis of Australia online crowdfunding platform market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major states. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major states across Australia.

Enquiry Before Buying@ https://www.absolutemarketsinsights.com/enquiry_before_buying.php?id=348

Key Findings of the Report:

In terms of revenue, Australia online crowdfunding platform market is expected to reach US$ 756.52 Mn by 2027, owing to increasing responsiveness concerning the speed and ease of raising money through crowdfunding channel.

On the basis of end users, enterprise segment is expected to witness highest CAGR over the forecast period owing to initiatives taken by the government agency.

The primary market participants in the online crowdfunding platform system market Birchal Financial Services Pty Ltd, Blackbaud, Inc., Chuffed.org Pty Ltd, Crowd88, Crowdcube Capital Ltd, Crowdfunder.com. (RocketHub), CROWDFUNDING.COM.AU Pty Ltd, Equitise Pty Ltd., GoFundMe, GoFundraise Pty Ltd, Indiegogo, Inc., Kickstarter, PBC, PledgeMe Pty Ltd., Pozible, ReadyFundGo, Seedrs Limited, The Giving Network Pty Ltd (mycause), VentureCrowd.

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Online Crowdfunding Platform Market

By Type

Equity Crowdfunding

Donation Crowdfunding

Debt Crowdfunding

Royalty Crowdfunding

By End Users

Individuals

Communities

Enterprises

ByStates

Queensland

Victoria

New South wales

Rest of Australia

Get Full Information of this premium report@ https://www.absolutemarketsinsights.com/reports/Australia-Online-Crowdfunding-Platform-Market-2019-2027-348

About Us:

Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization.

From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

Contact Us: Company:Absolute Markets InsightsEmail id:sales@absolutemarketsinsights.com Phone:+91-740-024-2424 Contact Name:Shreyas Tanna The Work Lab, Model Colony, Shivajinagar, Pune, MH, 411016Website:https://www.absolutemarketsinsights.com/

View original content:http://www.prnewswire.com/news-releases/online-crowdfunding-platform-market-estimated-to-be-us-456-51-mn-in-2018-and-is-expected-to-reach-us-752-56-mn-by-2027-growing-at-a-cagr-of-5-2-over-the-forecast-period-with-increasing-adoption-of-equity-crowdfunding-says-abso-300993538.html

SOURCE Absolute Markets Insights

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Online Crowdfunding Platform Market Estimated to be US$ 456.51 Mn in 2018 and is Expected to Reach US$ 752.56 Mn by 2027 Growing at a CAGR of 5.2%...

Crowdfunding platforms probably wont replace investment banks, but they will shake things up a bit – Stockhead

Last year, Australias crowd funding platforms raised 116 per cent more cash than the year before.

The $31.2 million totaleasily surpassed 2018s total of $14.4 million.

A handful of deals raised significant publicity, like women-only rideshare Shebah and neobank Xinja.

What we like is that it [crowd funding] is democratising what is traditionally an exclusive sector and that is wealth and investment, AgUnity chief operating officer Angus Keck told Stockhead last year.

Usually you need to be a high net worth [investor] or a family office to get to make these [early-stage] investments.

Now it isnt a bad thing to be one of these, but a regular person with some money who is passionate about a product can participate in investing in this product becoming part of that journey.

Login to these platforms and youll find theres no shortage of deals in 2020, including some for upcoming IPOs.

OnMarket, for example, is listing thedocyard and ARMnet two technology stocks which will list on the ASX next month.

And yes, even investment banks are beginning to use these platforms.

Decembers IPO of Limeade (ASX:LME), spearheaded by Macquarie and Moelis was also conducted through on OnMarket. So was Happy Valley Nutrition (ASX:HVM) led by Bell Potter and Shaw & Partners.

These listings do not count among the equity crowd funding figures; banks still led the IPOs, they just used platforms to remove the hassle of paper forms.

While this $31.2m figure pales in comparison to the $5.3 billion raised by sub-$500m, ASX-listed market cap companies in 2019,this trend could be one of several rapid shifts in the financial industry. Another example is commission-free trading when it began in America, more established brokers quickly followed suit.

When this process is done through platforms, it is not unreasonable to ask what further value would be added by using an investment bank to lead an offer? Could ASX-listed companies go straight to the platforms?

Stockhead spoke with Jonny Wilkinson, co-founder of Equitise, which has hosted several notable crowd funds since it began, like Xinja.

READ: The Australian neobank movement gathers steam as Xinja gets regulatory clearance

Wilkinson sees his platform as supplementing rather than replacing investment banks.

Technology and platforms are definitely growing and further enabling traditional Financial Services and Banking, he said.

We do not see ourselves as competition or replacement to traditional investment banks. Our model and ethos is about working with great partners that we like doing business with to add value to investors and companies.

Theres definitely potential for a lot of the investment banks to utilise tech better, particularly for distribution and scale. We are always happy to work with potential partners to improve the capital raising process.

Platforms cannot truly compete with and replace full service investment banks, especially those that have deposits and retail arms like Citi or Macquarie, Wilkinson said.

That being said platforms will definitely shake up the industry and push out some old school low-tech players who arent diversified or are leaders in their space, he said.

We do believe that as the market becomes more established and efficient that we would push out some of the corporate advisers who do not add a lot of value to companies raising funds.

READ MORE: 2019 was a hot year for IPO performance; heres what could be in store for the year ahead

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Crowdfunding platforms probably wont replace investment banks, but they will shake things up a bit - Stockhead

Hundreds of Canadian transplant patients crowd fund to cover costs, study says – National Post

For a Victoria, B.C., woman suffering from end-stage liver disease, there was some good news: she had been deemed a candidate to undergo transplantation.

The bad news? When an organ became available, the patient and her spouse would have to pay for a three-month stay near the transplant centre in Vancouver, one of Canadas most expensive cities.

So she set up a crowd-funding page, aiming to raise $10,000 and relieve this stressful financial situation for my husband and myself.

The woman, who eventually got her new kidney and raised $6,100 was not alone.

Soliciting money for medical needs on the internet may seem like a quintessentially American phenomenon, unnecessary in a country like Canada that boasts a universal, government-paid health care system.

But hundreds of Canadians have launched crowd-funding campaigns in recent years to support their organ transplants, asking for help financing drugs, transportation and lost income and raising thorny ethical questions, a new study indicates.

The more than 400 kidney and liver campaigns on gofundme.com alone underline the financial burden thats imposed on transplant recipients and not covered by medicare, note the researchers from Torontos SickKids Hospital.

I have been able to recover completely with a great amount of help from each of you

Whats more, the informal web-based system for raising money to cover those costs produces unequal results, often unrelated to medical need, they conclude.

People requiring a new liver earned much more than those awaiting kidney transplants, while children did better than adults, the studys authors found.

To win donors sympathy, campaign recipients were painted as morally worthy of donation victims of medical bad luck rather than poor personal behaviour and much-loved pillars of their community, notes the paper in the journal PLOS One.

This, of course, problematically presumes that some individuals are more worthy of medical care than others, violating norms of treating medical care as an entitlement and human right, the authors say. It is ethically problematic to shift to a system of distribution that awards individuals according to perceived moral worthiness or socioeconomic advantage.

The paper also noted that crowdfunding patients often must sacrifice considerable privacy, revealing personal medical and financial information to bolster their pitch, sometimes at the urging of funding websites.

The study was prompted by what seemed to be an increasing trend toward such campaigns, mostly launched by transplant patients family and friends, said Samantha Anthony, a SickKids scientist and social worker.

It is ethically problematic to shift to a system of distribution that awards individuals according to perceived moral worthiness or socioeconomic advantage

The research, led by Anthony, wasnt meant to pass judgment on the phenomenon, just highlight some of the issues around it, she said in an email interview. As to whether government should cover the costs the campaigns try to finance, thats a complex question and up to society to decide how to distribute scarce resources, Anthony said.

The authors looked at kidney and liver transplant patients who had used GoFundMe. They found 258 kidney cases and 171 liver patients.

For reasons that were not clear, liver patients received more and bigger donations on average and more Facebook shares than those waiting for a new kidney, the study found.

The campaigns were varied, but all underscored the personal ordeal that comes with such severe illness.

They included one that was for an eight-year-old Alberta girl suffering acute liver and heart failure due to a rare cardiac condition. Her family asked for help to pay for transportation, accommodations, food, lost wages (and) enrichment items for the patient. They raised $21,040 of a $35,000 goal, the girl receiving a potentially life-saving heart transplant a year later.

A Charlottetown woman with kidney failure managed to raise $3,311 to pay for medical bills, food, accommodation, loss of wages and other related costs to undergo a transplant in Halifax, and help others who were part of a chain organ-donation process.

Most asked for money to cover the costs of attending a hospital outside of where they lived, lost income and medication not reimbursed by medicare or private insurance.

One suggested that drugs could cost $5,000 a month. Another patient said a hospital social worker had suggested she start fundraising, warning the procedure would leave her out of pocket $10,000.

In an effort to boost the patients perceived worthiness, the study said, about a third of campaigners described the recipient as an amazing person, caring, loveable, or kind.

But relatively few of the crowd-funding requests criticized the health care system for allowing patients to face financial risk. Thats concerning, the authors argue.

It encourages the public to view crowd funding as a solution to the needs of Canadians in need of kidney and liver transplants, they say. By generally ignoring the systemic causes of these needs and demonstrating discrete cases where Canadians are meeting these needs via crowd funding, donors may be less likely to view the health system as in need of reform.

For patients like the Victoria woman, who announced last July she was closing her GoFundMe page, there is mostly just gratitude to donors.

I have been able to recover completely with a great amount of help from each of you, she wrote.

Original post:
Hundreds of Canadian transplant patients crowd fund to cover costs, study says - National Post

Now, BBMP looking at CSR to rejuvenate lakes – The Hindu

The Bruhat Bengaluru Mahanagara Palike (BBMP) is exploring avenues of funding for the restoration and rejuvenation of lakes, including Corporate Social Responsibility (CSR). This comes after Chief Minister B.S. Yediyurappa on Thursday chaired a meeting with officials from the BBMP, Minor Irrigation Department, and other departments, where he spoke about the need for a joint effort to revive lakes in and around the city and tapping alternative financial resources, including crowd-funding.

Civic Commissioner B.H. Anil Kumar said that the BBMPs main focus will be on CSR and crowd-funding. We have placed a proposal of 1,253 crore for restoration of lakes before the government. We have asked for more funds as 38 more lakes in the city were handed over to us. The CM has said that he would look into the matter and make provisions in the upcoming budgets, he said.

Crowd-funding needs to be streamlined

Senior civic officials admitted that tapping into CSR did not yield expected results in the past. However, if CSR and crowd-funding are streamlined, they can be successful, said a senior civic official.

Activists and citizens groups believe there is some merit to this idea.

V. Ramprasad, co-founder and convenor of Friends of Lakes, said that the government and the civic body should prepare a robust Detailed Project Reports (DPR) with guidelines to ensure that lakes are scientifically rejuvenated. The narrative of CSR towards rejuvenation should positively change. If corporates are funding a lake rejuvenation initiative, they should fund it substantially and not just for beautification, which generally is the case. Rejuvenation or restoration means good quality and quantity of water with flora and fauna, not just lights and walking paths, he said. He also said that crowd funding of lakes is also a viable option.

A senior civic official told The Hindu the BBMP will start preparing a DPR for CSR funding. This project will be taken up in a time-bound and phased manner, he said, and added that apart from government funding and CSR, even crowd-funding could be a viable option.

Jakkur lake is a good example of a successful crowd-funded initiative. A sewage treatment plant (STP) is being built by BEL as a part of CSR at Doddabommasandra lake, he added.

MoU for six lakes

Meanwhile, the government has signed Memorandum of Understanding (MoU) with private companies for development of six lakes, including in Marasandra, Kammasandra, Doddanagamangala, Doddakallasandra. Out of the six lakes, only Doddakallasandra lake comes under BBMP limits.

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Now, BBMP looking at CSR to rejuvenate lakes - The Hindu

Crowd funding initiative for government school – The Hindu

Mahabubnagar Collector Ronald Rose has initiated a programme called Intiki vanda, badiki chanda wherein every household in a village will contribute 100 towards the building fund for the local government school.

During a surprise inspection of a school in Tirumalapur village of Utkoor mandal in the district, Mr. Rose came to know that the campus did not have a compound wall. Then, he asked the students why they did not implement Initiki vanda, badiki chanda. Yet, it was never too late, he said and asked the students to raise 10 bricks per house while the government will contribute cement and other material besides meeting labour charges.

The Collector was indeed not off the mark when he solicited bricks from children because each brick will cost 10 and aggregate to 100.

Two recent major happenings in Telangana which earned national and international attention the 55-day strike by the Telangana State Road Transport Corporation (TSRTC) employees and the rape and murder of a veterinary doctor and later the killing of the four accused in an exchange of fire with the police have one striking similarity. In both the issues, the government and the police were at the receiving end initially for their inaction but ultimately the same voices that had castigated the administration have showered them with praise, irrespective of difference in opinion on the way the two issues were dealt with. Such extreme reactions from people are common in the society carried away by emotions. You never know when people would throw brickbats and when they would greet with bouquets in public life. It would not take much time to change their reaction in extreme opposite directions, a senior leader of the ruling TRS said adding that the two incidents were best examples for such extreme responses.

It has apparently become a habit for CPI senior leader K. Narayana to make a statement on some current issue and retract it later. The latest faux pas was related to the killing of four youths involved in Disha case in an exchange of fire with the police. Dr. Narayana was among the first to support the killing of the youths. His partys national executive, however, disapproved the development asserting that the party viewed it as extra judicial killing, forcing him to retract his statement. Dr. Narayana shot into news in the past when he allegedly consumed chicken on Gandhi Jayanti day and had to take a vow that he would not eat chicken for one full year. This was followed by his claim that he would cut his ears if TRS wins 100 seats in the GHMC polls as predicted by the party. After winning 99 seats, the party was sitting pretty that it had won the battle. Its president and Chief Minister K. Chandrasekhar Rao counselled Mr. Narayana not to cut his ears or nose in disgrace.

(N. Rahul, B. Chandrashekhar and M. Rajeev)

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EXCLUSIVE: Intergreatme’s over R32m crowdfund – reduced to R6m after ‘suspect pledges’ – Ventureburn

A SA startup which hit the headlines earlier this year for having raised one of the biggest equity crowdfunding rounds in South Africa, has had to give back over R25-million of the raise because the money that investors pledged was suspect.

In May, SA regtech startup Intergreatme announced that it had raised over R32.6-million in a campaign run on local equity crowdfunding campaign Uprise.Africa.

The startup which was founded in 2016 by James Lawson,Dewald Thiart and Luke Warner (pictured above) has an identity management platform which provides users with control of their identities across financial services, telecommunications and insurance.

At the time, Uprise.Africa CEO Tabassum Qadir called the raise a record for African crowdfunding. The investment in exchange for a 20% share in the startup (see this story).

But that has now been caste in doubt.

Intergreatmes Dewald Thiart said he couldnt confirm or deny whether the withdrawn R25m, was linked to politically exposed individuals

An email from Intergreatme (that Ventureburn has a copy of) sent to investors on 30 September, informed those that took part in the raise that the startup would only be accepting R6-million, because the source of the funds from five pledges failed the platforms compliance process.

Read the email:

Please be advised that one group which made five substantial pledges have failed our Compliance Process.

Acknowledging that some investors have been motivated to invest by hearing of the amazing R32-million received in pledges, you are reminded that, should you be having second thoughts you are welcome to withdraw your investment prior to subscribing for shares. Should you elect to do this, your funds will be returned to you, timing being subject to Uprises confirmation of compliance with due diligence procedures.

In light of the above the Intergreatme board has resolved to accept R6,000,000.00 (Six Million Rand) of the funds pledged in terms of the Crowd Funding Campaign/Primary Offering and is considering either, raising the balance through a secondary offering/listing on ZAR X or through private investors at a higher valuation, read the letter.

While Intergreatmes CEO Luke Warner wasnt immediately available, Thiart referred all questions about the campaign to Uprise.Africa, adding that as the platform has the FSCA license,

From a legal stance we were advised that Uprise.Africa would be dealing with that, he said.

When asked whether he could confirm whether the over R25-million that was withdrawn, was linked to politically exposed individuals, Thiart said: I cannot confirm or deny that.

Contacted by Ventureburn Uprise. Africa CEO Tabbassum Qadir confirmed that the startup was only going to take R6-million and that the platform had opted not to accept the remaining amount because from investors because it had failed to meet FICA compliance.

Qadir explained only that the source of over R25-million in funds that were turned down wasnt clear, adding that the platform had therefore taken a decision not to accept it.

That money was rejected, said Qadir. We cannot jeopardise out platform, she added.

She said the plan is to now raise the balance of the R25-million via a listing on the ZAR X platform.

The equity crowdfunding platform signed a deal earlier this year with ZAR X, which would allow investments raised on the crowdfunding platform to list as shares on ZAR X, where they can be traded with other investors (see this story).

She expects the listing to take place in February or March. It would follow the listing of the R6-million that has been approved by Uprise.Africa. This would allow the 300 investors whose R6-million it is, to sell their share to other investors, if they so wanted to, said Qadir.

Qadir is confident that ZAR X listing will be able to net the remaining R25-million, or more and points out that taking into account amounts that were pledged after the Intergreatme campaign closed on Uprise.Africa, the platform received pledges totaling over R60-million for the startups offering.

Meanwhile a question mark hangs over a second Uprise.Africa raise.

In September it emerged that Uprise.Africs was conducting due diligence on investment offers from four investors to fund My Name is Reeva,a new documentary series on the life of Reeva Steenkamp, who was murdered in 2013 by athlete Oscar Pistorius (see this story).

This, after Warren Batchelor, the films director and co-producer and Tony Miguel, the films co-producer in launched an equity crowdfunding campaign on the platform in August to raise R40-million in return for a 50% stake in the film (see this story).

When asked by Ventureburn last week what had become of the campaign, Qadir said the campaign was never opened to the public, after the producers were able to raise R20-million from local investors.

Explained Qadir: They (the producers) didnt want to open it to the crowd, because of the public concern.

When asked what concern this was, she explained that Oscars family can bring a legal order or whatever.

She said the producers are taking legal advice on whether they can match the R20-million from investors sourced via a campaign on Uprise.Africa or whether the other R20-million must come from another investor, outside of the platform.

Read more: Uprise.Africa mulling offers from four investors for R40m Reeva documentary campaignRead more:Uprise.Africa launches R40m Reeva Steenkamp documentary crowdfunding campaignRead more: How we raised R29m in seven days via crowdfunding Intergreatme man [Q&A] [Updated]Read more:SAs Intergreatme sets Africa crowdfunding record with over R28m raised in just daysRead more:SA regtech Intergreatme out to raise R24m through crowdfunding site Uprise.Africa

Featured image: Intergreatme CEO and co-founder Luke Warner (Facebook)

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EXCLUSIVE: Intergreatme's over R32m crowdfund - reduced to R6m after 'suspect pledges' - Ventureburn