27 May 2015: Singapore’s CoAssets, New Union, and Swedish platform FundedByMe have announced a tripartite alliance to grow the crowdfunding industry in South East Asia into a “credible trustworthy environment.” The companies will be working on a joint project and joint conferences over the next few months. The three firms see huge potential in the region and will be focusing on market education in addition to consolidating their experience into one alternative financing scheme for SMEs & entrepreneurs.
By Tadhg Walker
Crowdfunding continues to shake up the traditional way many projects are funded. Universities and academics, conventionally in the firm domain of state funding, are turning to crowdfunding websites to raise money for their research activities. There are successes emerging with this new source of funding, with many research projects securing the money they need to undertake their work.
26 May 2015: The Synergy & Crowdfunding Forum (SCxSC) has announced the dates of its second event in Malaysia on 11-12 June 2015. SCxSC Forum 2015 aims to explore issues of capital formation for young entrepreneurs in Malaysia, and the emergence of web-based innovations such as crowdfunding that will aid in connecting businesses to capital. Supported by the Securities Commission Malaysia and the Malaysian Business Angel Network (MBAN), it will feature Josh Daniell from the New Zealand equity crowdfunding platform The Snowball Effect as well as leading Asia Pacific angel investors.