A bizarre news concoction came to life this week as we saw the launch of the Government’s ‘Modern Industrial Strategy’ and the PM jetted off to meet Donald Trump for the first time. What’s more, into the mix came a number of interesting research reports which proved what we’ve been saying all along! But the week’s glacé cherry has to be the news that a Hollywood A-lister has been gifted a car by some rather generous crowdfunders in Eastern Europe.
So, here’s your chance to look back on a busy week of crowdfunding news, with our review of the industry’s biggest stories of the past seven days:
1. Before she jetted off to meet the new American President, the Prime Minister Theresa May announced her Modern Industrial Strategy in a new green paper. Save all the jargon and scroll down to page 61 where the PM says that she wants crowdfunding to boost scale-up businesses nationwide. We couldn’t agree more!
2. After this green paper came out, leading figures in crowdfunding expressed their reactions and outlook for the year ahead in Crowdfund Insider
3. In something of an alternative finance bonanza, peer-to-peer lender Welendus launched an equity crowdfunding campaign to support the expansion of its short-term consumer loans offering
4. RateSetter unveiled research which demonstrates that UK investors are looking for larger returns rather than the greater protection that is currently the focus of FCSC development
5. The European Parliament produced a mysterious report examining the state of crowdfunding in the EU despite the sector largely being engaged at the member state level
7. On Startups.co.uk someone else realised that too many small business owners aren’t aware of the alternative options available to them, even after so many high-profile crowdfunding campaigns. I mean, this is so last year, take a look at some more wide ranging findings that came out of our research
8. Kevin McCloud has a grand design for his sustainable home building business, the TV star is now on his second multi-million pound fundraise for HAB Housing
9. Leading figures in alternative finance descended on Liverpool to promote the potential that platforms have to unlock innovation and entrepreneurship in the region. Click Liverpool has more
10. In an extremely bizarre story, a crowd of Polish people launched a crowdfunding campaign to raise enough funds to send Tom Hanks a Fiat once manufactured in their country. Maybe Forest will never have to wait for a bus, eating a box of chocolates again.
Stay tuned for more crowdfunding news next week!