The UK can lead the world in crowdfunding

The UK can lead the world in crowdfunding

11th June 2013 by Simon Hiscox

Our CEO, Jeff Lynn, spoke with the Telegraph about why the UK is leading the way in crowdfunding

Seedrs, Wayra and PixelPin
Image from telegraph.co.uk

He cites strong support from the Treasury, Government and Department for Business Innovation and Skills (BIS) as helping advance equity crowdfunding as a source of new business funding, and he praises the development of the Seed Enterprise Investment Scheme (SEIS) tax relief aimed at incentivising people for investing in new businesses.

Seedrs success PixelPin also shared their experiences raising equity crowdfunding outside of Seedrs and the serious barriers they faced raising future investment with so many individual investors. Having Seedrs as their nominee, managing their almost 200 investors, was a much more appealing proposition for them and made follow-on investors, including global startup incubator Wayra,  much more willing to invest.

Check out the piece over at telegraph.co.uk.

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Simon Hiscox

Marketing Director

Digital Agency Kent