Aug 7, 2019
The Crowd Sourced Funding Equity Raising Scorecard produced by ESS BIZTOOLS as at 31 July 2019 has identified that 31,141 investors have invested an average of $1,207 in the 44 companies that have raised $37,586,246. (Click here to view the Scorecard)
This uptake indicates that after a slow start Crowd Sourced Funding Equity Raising is starting to raise much needed capital for Small Businesses and Medium Sized Enterprises all over Australia.
Mr Robin Holt, Senior Campaign Manager of Melbourne based Crowd Sourced Funding Intermediary – Birchal Financial Services has indicated that he was in the United Kingdom when the equivalent of Crowd Sourced Funding Equity Raising commenced and has stated that it took two years for the market to take off to the significant level of investment that is now evident in the UK...