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At the moment in Italy there are already 96 Crowfunding Platforms: https://www.economyup.it/startup/crowdfunding-tutte-le-piattaforme-attive-in-italia-e-come-usarle/. Chance of profit for CL or another source of income for FG that is in the Comitato Scientifico???
Thanks for the Info RKB .
As usual as Illuminating as FG .
Finally seems like there is a chance of profits ahead ,albeit after seven years , better late than never .
Best of
ForCrowd website:
Even though it is only in Italian I have managed to register.
I had to provided email address and telephone number, then after receiving a verification code I was in.
I then signed-up for newsletters and if I wanted I could sign-up to Invest. There are three current funding "applications" or something like applications but as the site is just live today I am not familiar with it.
What I will be looking for in the future is the amount of Companies, who they are, how much they want to raise and a few other things. They say there will be Business Plans etc (hopefully not like some of the Apprentice Candidates like with no numbers in them for profit & loss etc.
RKB
ForCrowd
I am pleased that ForCrowd have now officially launched.
Now would it not be interesting if one of the first Companies to raise funds was to be PBV Monitor?
When FG first announced this investment I was concerned that the Regulatory Authorities would revoke their licence if certain milestones had not been achieved. Well ForCrowd managed to meet these onerous conditions.
So the money that ForCrowd are looking to raise is a minimum of €500,000 and generally over €1 million. The sectors they are targeting are Real Estate, Energy and Technology sectors. (PBV is in the Technology Sector)
Now part of the terms that FG negotiated for any introductions to ForCrowd were detailed in RNS 2/10/19 “the referral fee will be 1% of the total amount raised for any projects Clear Leisure introduces to ForCrowd and it will receive an additional 3% of funds invested into a project by an investor introduced by the Company”. So this could be revenue generating sooner than I thought.
RKB