CrowdStream is connecting Innovation and Crowdfunding. But what is Innovation? Firstly Innovation is not invention. Innovation is following the invention. If you invent something but can’t find who will produce, it is invisible for the world. Invention can be created in universities, special laboratory and etc. To convert the invitation in innovation company or factory have to combine different knowledge, capacity and resources. Innovation is a process, product or marketing which is applied in the company and can be touched. Innovation is very important for companies. Innovation give advantages in business to produce more and better quality with less resources, time or pollution.
Source: Flickr, Jurgen Appelo (CC BY 2.0)
Meantime innovation process is need of investment money. But investment is high risky and usually bank is not an option. Here is come Crowdfunding. It is very popular way for investment money in last years. Crowdfunding is the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet. Crowdfunding is a form of crowdsourcing and of alternative finance. In 2015, it was estimated that worldwide over US$34 billion was raised this way.
But what is Crowdfunding? If you type at Google “Crowdfunding” there are more 32 000 000 results. There are different type of funding possibilities. There are some very successfully campaigns, but also more unsuccessfully campaigns.
CrowdStream`s main objective is to improve the effectiveness of public/private business-support for innovative spin-offs & social enterprises to access qualitative alternative financing (crowdfunding)
The CrowdStream project will initiate a change in the financing market. Due to quality labelling and capacity building activities there will be a major shift from donation based to equity based crowdfunding.
The main project result will be:
Improved cooperation between business-support-organisations and enterprises to guarantee a qualitative access to crowdfunding
- Trainings for public actors providing services for enterprises approaching crowdfunding;
- trainings for businesses on crowdfunding;
- transnational quality label for Crowdfunding;
- pilot actions on campaigns for Crowdfunding;
- Transnational & Regional applications to improve access to alternative finance for enterprises;
- Start date
- End date
- Budget in Euro
- Overall: 1649950
- ERDF Contribution: 1178578,11
- IPA Contribution: 223879,37
- ENI Contribution: 0
- Call number
- Call 1
- Innovative and socially responsible Danube region
- Specific objective
- Improve framework conditions for innovation
|Agency for European Integration and Economic Development||Lead partner||Karin.email@example.com||Austria|
|South Bohemian Agency for Support to Innovative Enterprising||ERDF firstname.lastname@example.org||Czech Republic|
|ConPlusUltra Ltd.||ERDF email@example.com||Austria|
|Slovak Business Agency||ERDF firstname.lastname@example.org||Slovakia|
|Pannon Business Network Association||ERDF email@example.com||Hungary|
Nine representatives of different micro-regions located in the Austrian Weinviertel area came together for a workshop on “Crowdfunding for small and medium-sized enterprises and public entities” on January 17, 2018, as part of the CrowdStream...
University of Belgrade was invited to Congress of Biology Students “Simplast” on November 10 in Kopaonik to introduce participants with CrowdStream project and present them project activities and answer the questions about crowdfunding....
Stakeholder workshop „Crowdfunding-Alternative Financing of Innovation“ was held in Belgrade, November 13 aiming to question the participants about their view on the current situation of crowdfunding in Serbia. We gathered some...
Meeting with stakeholders and potential supporters of crowdfunding was held in Tehnopolis on Tuesday, December 12th. Moderator of the event was Radivoje Drobnjak, along with Vladimir Vulic, one fo the founders of Digitalizuj.me. Business...
Crowdfunding can apply to various topics and circular economy could be one of them. These possibilities were recognized by CrowdStream and Moveco (promoting circular economy in the Danube Region). The willingness for synergies resulted...