#Crowdfunding
Crowd funding hopes for Demand.film expansion
The world’s largest cinema-on-demand chain, Australia’s Demand.film, is giving its 100,000 strong community an opportunity to share in the company’s success when it opens up to investment through equity crowdfunding to help fund its growth and expansion plans. Hot on the heels of ride sharing app Shebah’s record breaking $3 million in crowd sourced equity […]
Crowdfunding tips from Audeara headphones founder
Dr James Fielding founded Audeara Headphones in 2014 with Dr Chris Jeffrey – two doctors who saw patients with hearing issues and decided to act to solve a problem. In the public system, the wait for an appointment could be six months or longer – and then people could be turned away because they didn’t […]
Funded by the crowd: the new avenue for startups to raise capital in Australia
Equity crowdfunding is a relatively new way for Australians to invest. It’s a smart way to collect donations for a charity cause or raise capital for new products and with recent changes to Australian investment laws, crowdfunding platforms can now be used to raise equity capital for a business startup. [Related: Aspiring ‘neobank’ Xinja raises $2.4m […]
Is your startup ready to list? There’s more than one way to skin a cat when it comes to funding
The recent trials and tribulations of Australian tech startups Big Un and Get Swift should serve as a timely cautionary tale for many aspiring businesses. Both have recently fallen foul of the ASX’s continuing disclosure requirements and face uncertain futures. While both have earned the ire of shareholders and the regulator for different reasons, their […]
Parliament urged to quickly pass, implement legislation to help SMEs crowd-source funding
The peak body for Australia’s fintech industry has urged Federal Parliament to prioritise a ‘vital new source of funds’ for SMEs by expediting the approval and implementation of private company equity crowdfunding legislation introduced in September 2017. According to FinTech Australia chair Stuart Stoyan, the Corporations Amendment (Crowd-sourced Funding for Proprietary Companies) Bill 2017 has […]
Regulatory barriers to capital lowered as ASIC issues first crowd-sourced funding licenses
Seven companies have become the nation’s first crowd-sourced funding (CSF) intermediaries after receiving Australian Financial Services (AFS) licenses from the Australian Securities and Investments Commission (ASIC). Under the CSF framework, which commenced in September 2017, Big Start, Billfolda, Birchal Financial Services, Equitise, Global Funding Partners, IQX Investment Services and On-Market Bookbuilds have been authorised to […]
“Game-changer”: Fintech Australia welcomes changes to draft crowdfunding legislation
Changes made to the draft crowdfunding legislation, which will allow private companies to crowdfund equity, will protect investors while reducing costs and red tape for companies, according to advocacy group FinTech Australia The draft crowdfunding legislation was introduced into the Australian Parliament by Treasurer Scott Morrison, yesterday. FinTech Australia expects the legislation to provide a new fund-raising […]
“We’ve had a global product since day one”: nura’s CEO on his record-breaking start-up
Melbourne-based audio tech startup nura made headlines, last year, when its flagship product – ‘nuraphones’ – attracted US$1.8 million on Kickstarter, making it the most-funded Australian campaign ever. Since then, the company has continued to gather pre-launch support for their headphones, described by one investor – UK music industry veteran Ric Salmon – as a […]
Power to the people: Joey Crowd’s founders are taking on the risk-averse business investors
Fed up with conservative investment professionals leaving a trail of broken dreams, a trio from South Australia has launched an online platform to help would-be start-up founders and other entrepreneurs nurture their ideas. Co-founded by Kalif Auditore (CEO), Nick Boniciolli (COO) and Joshua White (CTO), Joey Crowd is being billed as the world’s first crowdfunding […]
Boost crowdfunding with traditional PR
If you have a great product or business idea, an option for raising funds to take it to the next level, or to go into production, is crowdfunding. This will involve driving people to the campaign portal. Traditional media can help you in this respect. If you are a start-up founder or entrepreneur and you […]
Consultation paper released on extension of crowd-sourced equity funding
The government has released a consultation paper on extending crowd-sourced equity funding (CSEF) to small proprietary companies. The consultation is part of the $5.5 billion Growing Jobs and Small Business package outlined in the 2015-16 Budget. The paper sets out the Government’s intended approach to a CSEF framework for public companies and seeks views on […]
City of Melbourne hosts live crowd-funding event for ‘good’
Four female social entrepreneurs will pitch their ideas at the Pitch for Good event in Melbourne on the 23rd July for the chance to win $3000 in support of their campaign. Councillor Kevin Louey, Chair of Council’s Economic Development portfolio said “a social enterprise is a business that uses the power of the market place […]
Australian crowdfunding restrictions holding back SMEs
SMEs struggling to obtain finance are the biggest victims of the Government’s restrictions, the ACCI explains in their submission to the Productivity Commission’s Inquiry Into Business Set-up, Transfer and Closure.
DesignCrowd picks up another $6 million in capital
Crowdsourcing design platform DesignCrowd has announced it has raised another $6 million in capital, led by new Australian venture capital firm AirTree Ventures.
Crowdfunded wine startup seeing big turnover
Naked Wines Australia, Australia’s only wine company backed by crowdfunding, has become the country’s fastest growing online wine retailer.
Startup ingogo proves crowdfunding pays
Sydney startup ingogo has raised an impressive $9.1 million in a pre-IPO funding round, including $1.2 million via a crowdfunding platform.
Women outperform men in crowdfunding
A new study has revealed that women outperform men when it comes to online crowdfunding.
Aussie crowdfunding campaign sets record with viral video
If there was any doubt that crowdfunding campaigns can be equally as successful for social entrepreneurs as commercial businesses, a new Australian record proves the naysayers wrong.
Crowdfunding the new normal in accessing capital
Thousands of entrepreneurs behind commercial, creative, and not-for-profit ventures have already had their ideas funded by putting it to the masses and asking for their startup capital.
Crowdfunding the new normal in brand marketing
As social and digital media were in 2012, crowdfunding was one of the most talked about topics in 2013.
Crowdfunding platform Indiegogo launches in AUD
Go back just a few years, and using the term ‘crowdfunding’ would have received some very blank stares. For Danae Ringelmann, co-founder of Indiegogo, crowdfunding represents a democratisation of access to capital.
Crowdfunding platform brings social change
StartSomeGood has partnered with financial services provider ING DIRECT to launch Dreamstarter, a crowdfunding initiative to help boost Australia’s social enterprise sector.
3 unconventional crowdfunding niches
Kickstarter and Indiegogo have helped spawn a new generation of niche crowdfunding sites for everything from scientists to community organizers.
Trying to tap into the viral nature of crowdfunding
Entrepreneur Josh Abramson, co-founder of CollegeHumor and BustedTees, is moving on to a Kickstarer-esque graphic t-shirt e-commerce site.