Tag Archives Crowdfunding United Kingdom


ShareIn


ShareIn launches new equity crowdfunding platform for UK technology and health companies

Site sets itself apart with best-of-breed share structure and tight focus on valuation

Edinburgh, UK – December 12, 2013 – ShareIn (www.sharein.com), a crowdfunding company, today announced the beta launch of its equity based crowdfunding platform for British technology and health focussed companies.

Billed as “TED with an invest button”, in a reference to the hugely successful thought-leadership and innovation conference series, ShareIn is designed specifically to provide equity investment from £40,000 to £1m for inspirational UK companies looking to change the world through innovation, engineering and science.

Crowdfunding has recently surged in popularity with the success of crowdfunding platforms like Kickstarter, but such reward-based platforms are mainly applicable to companies that offer consumer products. With ShareIn, equity investors get a share in the future success of a technology company they believe in.

ShareIn provides a platform for individuals keen to invest in technology companies, from as little as £10 up to £10,000 or more*. In addition to the potential future reward that can be gained by owning shares in a start-up company, UK Government tax breaks can reduce investment risk by more than 70%.

For the right investor, initiatives such as the Seed Enterprise Investment Scheme (SEIS) and the Enterprise Investment Scheme (EIS) can actually eliminate the financial risk of their investment altogether. Read more about SEIS and EIS here https://www.sharein.com/seis

Unlike other equity crowdfunding platforms, ShareIn offers investors a best-of-breed share structure, where every share carries voting rights and establishes professional, fair legal arrangements between the shareholder and the investee company, without forcing the use of a middle-man and the associated fees.

ShareIn also sets itself apart by focussing closely on company valuations, asking companies to justify their valuation to potential investors in an extensive section containing data on actual money spent to date and the estimated costs to replicate the company to its current state. In addition, ShareIn provides investors with a secondary market for their shares, providing a bulletin board to allow investors to sell their shares.

The technologies currently being funded on the site include:

• “The underwater jet pack” from S.C.P. Marine Innovation Ltd.

A unique, wearable hydro-jet pack designed to revolutionise water sports and diving through high performance marine thrusters mounted directly onto the user’s forearms. This unique delivery system generates powerful thrust, amplifying movements of the user’s arms.

• “An MRI scan for forests” from Carbomap Ltd.

A unique combination of airborne and satellite data for the £1.6 billion global forest monitoring market. Over four years of world-class research has led to the development of a multispectral canopy lidar, a revolutionary laser scanning instrument designed to fill a gap in airborne forest survey requirements.

• “Soundtrack to your…” from Philtinium Ltd.

The world’s first lifestyle-based music streaming discovery service, builds charts based on the musical events and activities that shape its users’ lives, automatically finding and streaming playlists and tracks from any legal source the user has access to on the web.

• “Real holographic 3D” from Holoxica Ltd.

As featured on Channel 5’s The Gadget Show, a patented holographic 3D video display, where images appear in mid-air. Huge potential, with applications ranging across billion-dollar industries including scientific visualization, medical imaging, engineering design and video gaming.

• “Safer insect control” by Xeroshield Ltd.

Non-chemical innovative technologies for insect-borne disease prevention that are environmentally friendly, easy and safe to use in the fight against Dengue and Lyme disease, which affect millions of people each year worldwide.

Full details on all of the above companies is available to anyone who registers for free on ShareIn beta.

* The maximum automatic investment via ShareIn’s payment provider, Gocardless, is £10,000. Larger investments require money laundering checks and direct bank transfers.

About ShareIn

ShareIn is an equity crowdfunding platform exclusively for technology and health companies. The company was founded in 2012 with the goal of connecting innovative UK companies that want to change the world with financially savvy investors who want to help them. For more information, visit www.sharein.com


Kickstarter


Since their launch in 2009, more than 4.8 million people have pledged over $788 million, funding more than 48,000 creative projects.

2. Each project is independently created. The filmmakers, musicians, artists, and designers you see on Kickstarter have complete control over and responsibility for their projects. Kickstarter is a platform and a resource; we’re not involved in the development of the projects themselves. Anyone can launch a project on Kickstarter as long as it meets our guidelines.

3. Together, creators and backers make projects happen. Project creators set a funding goal and deadline. If people like a project, they can pledge money to make it happen. Funding on Kickstarter is all-or-nothing — projects must reach their funding goals to receive any money. All-or-nothing funding might seem scary, but it’s amazingly effective in creating momentum and rallying people around an idea. To date, an impressive 44% of projects have reached their funding goals. Amanda Palmer Kickstarter “ There’s just something magical about Kickstarter... You immediately feel like you’re part of a larger club of art-supporting fanatics.” — Amanda Palmer, who rallied 25,000 backers to support her album, book, and tour.

4. Creators keep 100% ownership of their work. Backers are supporting projects to help them come to life, not to profit financially. Instead, project creators offer rewards to thank backers for their support. Backers of an effort to make a book or film, for example, often get a copy of the finished work. A bigger pledge to a film project might get you into the premiere — or a private screening for you and your friends. One artist raised funds to create a wall installation, then gave pieces of it to her backers when the exhibit ended.

5. Creative works were funded this way for centuries. Mozart, Beethoven, Whitman, Twain, and other artists funded works in similar ways — not just with help from large patrons, but by soliciting money from smaller patrons, often called subscribers. In return for their support, these subscribers might have received an early copy or special edition of the work. Kickstarter is an extension of this model, turbocharged by the web. Stephen Heleker Kickstarter “ The most democratic way art has ever been made.” — Stephen Heleker, who raised $21,000 for his short film “Smoke”

6. Backing a project is more than just giving someone money. It’s supporting their dream to create something that they want to see exist in the world. People rally around their friends’ projects, fans support people they admire, and others simply come to Kickstarter to be inspired by new ideas. Some projects take longer than anticipated, but creators who are transparent about issues and delays usually find their backers to be understanding.

7. Our mission is to help bring creative projects to life. We’re a for-profit company based in New York City’s Lower East Side. We spend our time making Kickstarter a little bit better every day, answering questions from backers and creators, and finding new projects to share. If a project is successfully funded, we apply a 5% fee to the funds collected. We believe that creative projects make for a better world, and we’re thrilled to help support new ones. Building a community of backers around an idea is an amazing way to make something new.