Category Archives: Economy
01
03.2012
Darlington FC Turns to Crowdfunding to Save its Football Club
Crowdcube provides platform for fans to buy shares in the Quakers Fans of Darlington Football Club have taken the future of their much-loved team into their own hands by aiming to be the first sports club in the World to use a crowdfunding website to raise funds. The 129 year-old club, which is under threat of closure, has so far …
01
03.2012
Crowdcube joins forces with other alternative business finance providers to help UK businesses
The Next Generation Finance Consortium aims to give entrepreneurs the support they need to fuel Britain’s recovery The Next Generation Finance Consortium (NGFC) has been formed by a group progressive thinking finance-oriented organisations who are seeking to change the finance landscape in the UK in response to growing demand for alternative sources of business finance. The group will provide entrepreneurs …
11
01.2012
21st Century Crowdfunding for a Centuries Old Trade
Crowdfunding is a 21st Century phenomenon that enables anyone (the crowd) to invest any amount from £10 in a business that is not listed on any stock exchange. In these days of financial constraint when banks pay as little as 1% or less on your savings, it makes enormous sense to risk some of your capital investing in a venture …
16
12.2011
Crowdfunding taskforce to tackle business finance options for small business announced by Vince Cable
Business Secretary Vince Cable has announced steps to create a new taskforce to boost the future of business finance for SMEs, including a focus on crowdfunding. The taskforce will look at the challenges facing small businesses seeking finance options. It will be led by Tim Breedon, Legal and General chief executive and current chairman of the Association of British Insurers …
30
11.2011
Business finance gets a boost new Seed Enterprise Investment Scheme (SEIS) announced
From April 2012 people investing up to £100,000 per annum in a qualifying start-up business will be able to benefit from income tax relief of 50 per cent, George Osborne announced in is Autumn Statement yesterday. The deal will be available to investors regardless of the rate of tax that they pay. It will give investors, including Crowdcube members, a …