Download Folie 1 - INTERREG project recommend

Eco-Crowdfunding
in RECOMMEND partner regions
Presentations
by
Lead Partner, Slovenia, Czech Republic & Italy
24th October 2013
24th October 2013
Eco-Crowdfunding
and the
public sector in Austria
Benjamin Kuscher
RECOMMEND External consultant
ConPlusUltra Ltd.
[email protected]
24th October 2013
24th October 2013
What is crowd funding?
How does it work?
Definition:
The collective effort of
individuals to pool
money in order to
support efforts from
other people or
organisations.
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It works when:
• Someone has an idea but
insufficient capital
• They put this idea on a
crowd funding website, with
a video and description.
• The creators state the
amount they seek
• ‘Fans’ pledge money
towards the cause
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What public sector can
do for Crowdfunding?
• Question : What does crowdfunding has to do
with the public sector?
• Crowdfunding is currently mainly a private
initiative
•
•
•
•
Change the law!
Promote the idea of crowdfunding
Promote already legal forms of crowdfunding
Co invest with crowdfunding platforms
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Eco-Crowdfunding in
Austria
Two examples
LEGAL:
Sale-and-Lease-Back-Contract
- The client buys a solar panel
from the energy provider.
- The energy provider leases
the panel back and pays a
yearly rent to the client.
- The client is therefore the
official owner of the panel.
-
www.buergersolarkraftwerk.at
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ILLEGAL:
Company-Saving-Club
- A company offers interest if a
private person directly gives a
credit.
- Those credits can be very small.
(€ 200). GEA collected more
than € 3,000,000.- The financial market supervision
sees that as hidden bank
business without banking licence
- http://www.gea.at/home.html
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Eco-Crowdfunding in
Austria - Conclusion
Two examples
LEGAL:
Sale-and-Lease-Back-Contract
ILLEGAL:
Company-Saving-Club
- This model is very useful for
already established energy
providers to finance
additional green plants
- High risk for the client.
- High revenue for the client.
- Very good to finance new
innovative ideas.
- The banking sector is extremely
risk avers and therefore this is
an alternative model.
- The national and European
policy need to define new
regulations
- Only already existing
technologies will be financed
via this model
- Good for the environment
but no innovation
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6
(eco) crowdfunding
in the Czech Republic
Jan Jareš
Ekoport, Czech Republic
24th October 2013
24th October 2013
Crowdfunding in CZ
• booming and fast developing topic right now
• though only few sectors affected (by importance)
 charity (e.g. Charity Water, Internet pomáhá)
 culture / art (e.g. Kickstarter, IndieGoGo, HitHit)
 business / investments (e.g. Profounder,
Sprowd, Open Startups)
• within charity sector it is sometimes being replaced by
“micro-financing” or “social business” tools
• no specific tools for “eco” business
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Pre-conditions for CF in general
• limitations within Czech legal systems
• minimal investment in the shareholds of the company
(ltd.) is 20.000 CZK (= 800 eur)
• not only byrocracy is unbearable with e.g. 1000
shareholders / investors
• inspiration by US law “Access to Capital Act” needed
in EU / CZ!
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9
Eco-Crowdfunding
and the
public sector in Slovenia
Uroš Majerič
[email protected]
24th October 2013
24th October 2013
What is crowd funding?
• The use of small amounts of capital from a large
number of individuals to finance a new business
venture.
02.08.2017
11
What public sector can
do for Crowdfunding?
- develop or co invest in Crowdfunding platforms
- include public tendering in Crowdfunding
platforms (Startup Slovenia)
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12
Crowdfundig in Slovenia
• Initiative Slovenia Crowdfunding – helps
businesses to start a Crowdfunding
campains
• Development agency of Maribor – helps to
develop a functioning company from an idea
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Initiative Slovenia
Crowdfunding
Helped to develop 7 campaigns
• Red Pitaya measuring instrument
• Xvida Boomerang
• Lumu
• ONDU Camera
• Musguard
• LLStol – LL Chair
• Beer Brewery Pelicon
24th October 2013
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(eco) crowdfunding
in the Czech Republic
Jan Jareš
Ekoport, Czech Republic
24th October 2013
24th October 2013
Crowdfunding in CZ
• booming and fast developing topic right now
• though only few sectors affected (by importance)
 charity (e.g. Charity Water, Internet pomáhá)
 culture / art (e.g. Kickstarter, IndieGoGo, HitHit)
 business / investments (e.g. Profounder,
Sprowd, Open Startups)
• within charity sector it is sometimes being replaced by
“micro-financing” or “social business” tools
• no specific tools for “eco” business
24th October 2013
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Pre-conditions for CF in general
• limitations within Czech legal systems
• minimal investment in the shareholds of the company
(ltd.) is 20.000 CZK (= 800 eur)
• not only byrocracy is unbearable with e.g. 1000
shareholders / investors
• inspiration by US law “Access to Capital Act” needed
in EU / CZ!
24th October 2013
17
Equity-Crowdfunding
in Italy
Claudio Carlone
RECOMMEND PROJECT PARTNER External consultant
Eurocentro s.r.l.
[email protected]
24th October 2013
24th October 2013
What is the EquityCrowdfunding
• People who are going to invest money in a startup will receive its company stocks.
Other types of crowdfunding:
• Reward based crowdfunding (money for a
reward)
• Donation based crowdfunding (money for
nothing)
• Social lending (it is a real term loan granted
from different people)
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The new Italian
legislation on Equitycrowdfunding
• The “Growth Decree 2.0” approved on October
2012 stated that all people can invest money in
a start-up trough crowdfunding online portals.
• Before of the Decree only professional investors
could invest money in start-ups by receiving
stocks!
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PLEASE NOTE
• The Decree is applied only to the constitution of
start-ups in the form of L.t.d. companies.
• The equity-crowfunding can be promoted only
by specific online portals inserted in the
“Consob Register” (the Italian Commission for
the Regulation of Stock Exchanges).
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Equity-Crowdfunding
Pro&Con
PRO:
CON:
- Very specific National Law;
- Fostering of the innovative
economic development;
- Focus on SMEs;
- If the innovative idea is good
you can receive more
money than you expected;
- Investors have many
reasons to invest in the idea
(not only economic
interests).
- Benefits limited to very specific
companies (e.g. innovative startups and L.t.d. company);
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- Vey good communication and
marketing skills are required to
promote the idea among people
and to receive funds.
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Some examples of EquityCrowdfunding in EcoInnovation
• Actually there isn’t a specific online portal dedicated only to
the eco-innovative equity-crowdfunding.
BUT
• Please, consult some crowdfunding online-portals active in
Italy:
– Produzionidalbasso (www.produzionidalbasso.com) the first
Italian crowdfunding online portal!
– Kapipal (www.kapipal.com) general crowdfunding online portal,
particularly dedicated to personal projects funding.
– Siamosoci (www.siamosoci.com) specific equity-crowdfunding
online portal, a sort of start-up browser for investors.
– Ulele (http://it.ulule.com) crowdfunding online portal dedicated to
creative and innovative projects funding.
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Italian
Crow-funding
Network
• It is an independent Italian association with the
aim to:
– Map the crowdfunding offer in the Italian market;
– Support the crowdfunding regulation process by the
national law;
– Represent crowdfunding on-line platforms interests;
– Improve cooperation between organisations and
institutions.
http://www.italiancrowdfunding.org/home
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THANK YOU FOR YOU
ATTENTION
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