BCSC sponsors British Columbia’s first Regtech Hackathon

British Columbia Securities Commission Release | Nov 16, 2017

VANCOUVER, Nov. 16, 2017 /CNW/ – The British Columbia Securities Commission (BCSC) today announced its sponsorship of the first ever Regtech Hackathon held in British Columbia. The one-day Hackathon will challenge participants to create innovative solutions to help industry meet its regulatory requirements more efficiently and effectively, and improve regulatory quality and competitiveness.

 

“The BCSC is a strong supporter of industry-led innovations and solutions,” said Mark Wang, Director, Capital Markets Regulation, BCSC. “We are excited to be a part of this event, because we believe it has the potential to generate some truly novel and exciting ideas to help advance regulatory technologies.”

The Regtech Hackathon is part of the National Crowdfunding Association of Canada’s (NCFA) VanFUNDING 2017 Conference on Tuesday, November 28. Teams of three to six people will select a problem statement to solve and work throughout the day on their pitch with help from experienced mentors, including some BCSC staff members.

The full problem statements are available on the VanFUNDING Conference’s website, and address the following five areas of focus:

  • Blockchain, Crowdfunding, and Smart Contracts
  • Capital Markets Innovation
  • Know Your Client (KYC)
  • Investor Protection and Investment Literacy
  • Registration and Compliance (Tracking)

“We are thankful to the BCSC and other industry partners for their support,” said Craig Asano, NCFA Founder and CEO. “This collaborative approach is the basis for developing creative and innovative regtech solutions. We encourage entrepreneurs and regulatory experts, innovators, data analysts, designers, and developers to join us in helping discover and launch some amazing B.C. regtech-focused projects.”

The winning team will have an opportunity to present their pitch to the VanFUNDING Conference, as well as a chance to win prizes valued at over $20,000. Submissions will be judged on innovation, user experience, pitch, and viability.

REGISTER Now with Code ‘NCFA_COIN’ Get 10%:  VanFUNDING 2017 GOING MAINSTREAM Blockchain Fintech Conference and Hackathon NOV 28

The Regtech Hackathon will take place at the Morris J. Wosk Centre for Dialogue located at 580 West Hastings Street, Vancouver, B.C. More information on the Hackathon, including how to register, can be found on the VanFUNDING Conference website.

About the British Columbia Securities Commission (www.bcsc.bc.ca)

The British Columbia Securities Commission is the independent provincial government agency responsible for regulating capital markets in British Columbia through the administration of the Securities Act. Our mission is to protect and promote the public interest by fostering:

  • A securities market that is fair and warrants public confidence
  • A dynamic and competitive securities industry that provides investment opportunities and access to capital

Learn how to protect yourself and become a more informed investor at www.investright.org

SOURCE British Columbia Securities Commission

For further information: Media Contact: Alison Walker, 604-899-6713; Public inquiries: 604-899-6854 or 1-800-373-6393 (toll free), inquiries@bcsc.bc.ca

Related Links

http://www.bcsc.bc.ca


The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding, alternative finance, fintech, P2P, ICO, and online investing stakeholders across the country. NCFA Canada provides education, research, industry stewardship, and networking opportunities to over 1600+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada. For more information, please visit: www.ncfacanada.org

VanFUNDING 2017 Brings Over 50+ Leading Blockchain, Fintech & Capital Innovation Experts to Vancouver NOV 28 @Morris Wosk Centre

NCFA Canada | Craig Asano | Nov 15, 2017

Looking for world class education, funding, partnerships and growth within the blockchain and financial tech sector?

VanFUNDING 2017 GOING MAINSTREAM is the premier West Coast conference dedicated to connecting people looking to form long-lasting partnerships, investment and business opportunities.

In less than 2 weeks, VanFUNDING2017 Blockchain, Fintech & Funding Conference and Regtech Hackathon descends on Vancouver November 28th, 8am-6pm at the Morris Wosk Centre for Advanced Dialogue. There is also a VIP networking event on November 27 from 530-8pm at the Diamond cocktail lounge where you can meet the biggest names in Fintech.

VanFUNDING 2017 offers world class program and education delivered via keynotes, TEDx-style presentations, panels and workshops covering Blockchain, Fintech, Regtech, and Innovation Finance topics from a diverse range of perspectives including technology, finance, legal, global innovation and humanity.

The title sponsor is Raymond James, with Gowling WLG, Victory Square Technologies, Blockchain Intelligence Group, and Etherparty as platinum partners.

“We are proud to sponsor The National Crowdfunding Association of Canada,” says Sean Martin, Managing Director, Investment Banking at Raymond James Ltd. “There has been an explosion of blockchain technology that has proven 2017 to be the tipping point of financial innovation.”

The conference features over 50+ expert speakers and mentors from companies and organizations such as Microsoft, IBM, TSX Venture Exchange, Blockchain Intelligence Group, RightMesh, Grow VC, AIBB.io, CoinPayments, Pegasus Fintech and TokenFunder. They will be covering ground-breaking topics such as Blockchain smart contacts, Initial Coin Offerings, emerging regulations, and opportunities in PeerToPeer crowdfinancing, investment opportunities, cryptocurriences, intelligence applications and global financial marketplaces.

“Vancouver is quickly establishing itself as a prominent market for blockchain innovation on the global scene. Victory Square has always supported events that facilitate discussion and collaboration on disruptive new technologies and the VanFUNDING conference falls in line with this mandate. We look forward to an excellent event that will allow our local tech community access to some of the global thought leaders in the blockchain space,” said Shafin Diamond Tejani, CEO of Victory Square Technologies.

“We look forward to a great conference & BCs first ever Regtech Hackathon and would like to thank everyone involved from organizers, volunteers, sponsors, community partners and of course our awesome speaking roster! Special thanks to the BC Securities Commission for their support, and a growing list of Regtech Hackathon partners such as Vancity, Supirio and Launch Academy who all recognize the need for a collaborative approach to developing innovative Regtech solutions.

While Regtech is new in Canada, its gaining significant traction globally, and firms are gaining a competitive advantage. Participation in the hackathon is inclusive and we encourage entrepreneurs and regulatory experts, innovators, data analysts, designers and developers to all join us in helping discover and launch some amazing BC Regtech-focused projects”, said Craig Asano, CEO VanFUNDING.

VanFUNDING 2017 brings together start-ups and leading industry professionals in a unique venue, selected to promote interactive dialogue and discussion. Combined with workshops and a Regtech Hackathon co-hosted with the BC Securities Commission where $20,000 is up for grabs in cash and prizes, this is a not to be missed event that provides opportunities for all types of businesses in the blockchain and financial technology sector to innovate, learn and network.

 

For more information about VanFUNDING 2017, please visit: http://vanfundingconf.ca/

 


The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding, alternative finance, fintech, P2P, ICO, and online investing stakeholders across the country. NCFA Canada provides education, research, industry stewardship, and networking opportunities to over 1600+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada. For more information, please visit: www.ncfacanada.org

Event Wrap-up: 2nd Annual 2016 Canadian Crowdfunding Summit on March 3 (Toronto)

The 2nd annual Canadian Crowdfunding Summit (#CCS2016) on March 3, 2016 brought together a diverse crowd of companies, investors, providers, industry experts and leaders in the crowdfunding, fintech and altfi sectors. Over 440 attendees were in attendance, including 75+ speakers, 30 sessions and 12 pitching companies.

 

View the #CCS2016 photo album

2016 Canadian Crowdfunding Summit

Now in its second year, the Canadian Crowdfunding Summit (hosted by the National Crowdfunding Association of Canada) is Canada’s only national event on crowdfunding, alternative finance and fintech that brings together Canadian and international industry experts, leaders and innovators in the fast growing and lucrative crowdfunding alternative finance industry. With the newly released equity crowdfunding regulations across Canada and the emergence of marketplace lending and investment bank 2.0 platforms, 2016 is anticipated to be a year of exponential growth.

This year’s Summit was officially opened by Ontario Finance Minister Hon. Charles Sousa, who endorsed the emerging industry, which helps build on the province’s plan for economic growth and job creation.

Master of Ceremonies Michael Brancroft (Executive Producer of Bloomberg Canada TV and co-host of The Feed with Amber Mac on Sirius XM), Tim Jackson (EVP Corporate and Community Development, MaRS) and Craig Asano (founder and Executive Director of the National Crowdfunding Association of Canada) kicked off the summit at 8:30 am, with Hon. Charles Sousa ringing the opening bell.

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Amar Njjar (CEO, R2CROWD), Tim Jackson (EVP Corporate and Community Development, MaRS), Hon. Charles Sousa (Ontario Finance Minister) and Craig Asano (Founder & Executive Director, NCFA Canada)

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Hon. Charles Sousa with the media.

Following the official opening came the Summit’s keynote speaker Bill Morrow (founder and CEO, Angels Den), who discussed what it takes for a crowdfunding ecosystem to thrive in a country, and not just exist based on over 8 years of insight from having operated Angels Den in the UK and internationally. There is an implied assumption from most crowdfunding platforms that startups “just” need cash to get up and running… but cash is only #3 on most angel investor’s list of important factors to consider, after passion / excitement about the company, and altruism.

Following the keynote were a number of shorter TEDx-style talks and presentation on diverse topics covering Canadian and global market data and trends; the sharing economy; trust and transparency in the internet of money, diversity in crowdfunding; P2P lending and the future of banking; virtual reality; equity crowdfunding’s impact on private and public markets, and marketing to millennials.

CF160302-219Teri Kirk (CEO, Funding Portal)

CF160302-248Ted Graham (Innovation Leader, PwC)

CF160302-271Bernd Petak (Founder and CEO, Finstripe) CF160302-286Amy Cortese (founder and editor, Locavesting)

CF160302-299Cato Pastoll (Co-founder and CEO, Lending Loop)

CF160302-343Christopher Charlesworth (Co-founder and CEO, HiveWire)
CF160302-357Peter-Paul Van Hoeken (CEO, Frontfundr)

 

CF160302-366Sophie Nicolaou (Head of Marketing and PR, Lending Arch) and Ryan Laidlaw (FinTexpert, Lending Arch)

Next came the much-anticipated panel ” Fireside Chat with Crowdfunding Rockstars” moderated by Mark Evans (Principal, ME Consulting) with panelists Daniel Blumer (CEO/Co-founder, Revol Technologies Inc, whose raised over $2.6 million USD for their Revols product – Bluetooth earphones that mold to the contours of a person’s ears, earning them the new record for Canada’s top crowdfunding campaign; Behrouz Hariri (Co-founder, Smart Nora), raised more than $1 million USD in pre-orders for Nora, the non-invasive and smart snoring solution and Judeh Siwady (CEO/Founder, Spacefy), who recently raised capital through equity crowdfunding for Spacefy, which gives creators access to unique and under-utilized spaces while allowing space owners to further monetize their spaces.

Finally, the morning session wrapped up with an industry experts panel on Regulatory Perspectives: What to Expect in 2016 with securities lawyers, the Ontario Securities Commission, an founders of leading crowdfunding and crowdlending platforms moderated by Alixe Cormick (President, Venture Law Corporation) and panelists Daryl Hatton (CEO, Sponsifi & FundRazr), Monica Kowal (Vice Chair, Ontario Securities Commission), Jason Saltzman (Partner, Dentons Canada LLP) and Kevin Sandhu (CEO, Grow).

 

Then comes the mad dash to the buffet tables as lunch time rolls around! Several guests avoided the lines by going to R2CROWD’s Lunch & Learn in the green room: How to Achieve 8-12% Annual ROI in Commercial Real Estate through Crowdfunding.


After lunch, the crowd chose from 5 concurrent afternoon streams of workshops, panel sessions and live pitching. Here’s a look at the highlights from the Main Stage (Auditorium B+C), where the following sessions took place:

    • 1:15 PM: The Emergence of Fintech in Lending: What it Means for Banks and Main St. [Moderator: Sarah Efron (Small Business Editor, The Globe and Mail), Panelists Kevin Clark (Co-founder and President, Lendified), Tabitha Creighton (CEO/Co-founder, InvestNextDoor) and Jeff Mitelman (CEO, Thinking Capital)]
    • 2:00 PM: Investment Strategies: Why Leading Angels/VCs are Joining the Crowd [Moderator: Sunil Sharma (Managing Partner, Extreme Venture Partners), Panelists Janet Bannister (General Partner, Real Ventures), Karen Grant (Executive Director, Angel One Investor Network) and Jim Orlando (Managing Director, OMERS Ventures)]
    • 3:00 PM: Market Makers: Equity Crowdfunding’s Impact on the Innovation Economy [Moderator: Megan Cornell (Founder & CEO, Momentum Law), Panelists Sandi K. Gilbert (Founder & CEO, SeedUps Canada), Rubsun Ho (CEO, Crowdmatrix) and David Shore (Director, Investor Relations, OurCrowd)]
    • 3:45 PM: Hot Vertical: Real Estate Crowdfunding, an Emerging New Asset Class [Moderator: Brooks Barnett (Manager, Government Relations & Policy, Real Property Association of Canada), Panelists Ann Kaplan (CEO, Brix RCR), Amar Nijjar (President & CEO, R2Crowd) and Hitesh Rathod (CEO, NexusCrowd Inc.)]

 

 

 

Highlights from the Tactical Stream (Auditorium A), where the following sessions took place:

    • 1:15 PM: Big Data Investment Trends and Digital Finance Technologies [Moderator: Asier Ania (Co-Founder, HiveWire), Panelists Steven Dryall (Principal, Incipient Technologies), Craig O’Neill (CEO & Director, Versapay) and Angela Wang (Associate Director, Big Data, North America, UnionPay Smart)]
    • 2:00 PM: How Dubuc Motors, Canada’s first EV car, is raising $25M in the US?[Moderator: Carlos Pinto Lobo (Chief Compliance Officer), Panelists Alixe Cormick (President, Venture Law Corporation), Mario Dubuc (Co-Founder & CEO, Dubuc Motors) and Mike Kakogiannakis (Co-Founder & COO, Dubuc Motors)]
    • 3:00 PM: The Marketplace Lending Opportunity for Banks and Institutional Investors [Moderator: Dr. Sean Geobey (Assistant Professor at the School of Environment, Enterprise and Development, University of Waterloo), Panelists Jeff Brown (Vice President, Community Banking, Meridian), Tabitha Creighton (CEO/Co-founder, InvestNextDoor) and Colin Kilgour (Co-founder, First Marketplace Group)]
    • 3:45 PM: Making the Most of Every Dollar Raised: Financial Planning for SMEs [Presenters: Darryl Irwin (Tax Partner, PwC) and Alan Lio (Senior Tax Associate, PwC)]

 

 

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Big Data Investment Trends and Digital Finance Technologies panel.

 

 


 

Highlights from the Tactical Stream (CR2), where the following sessions took place:

    • 1:15 PM: Crowdfunding Best Practices: Pre, Launch, and Post Campaign [Moderator: Christopher Charlesworth (Co-Founder and CEO, HiveWire), Panelists Bret Conkin (Founder & CEO, Crowdfund Suite), Khierstyn Ross (Founder & Podcaster, Uncut Entrepreneur) and Jaimy Warner (Executive Director, Raindance Canada)]
    • 2:00 PM: The Longest 40 Days of Your Life: AMA (Ask Me Anything) [Moderator: Sunny Shao (Advisor, National Crowdfunding Association of Canada), Panelists Gareth Everard (Co-founder, Rockwell Razors), Viktor Grabovskyy (Co-founder, Forever Spin) and Corey Herscu (President, Herscu and Goldsilver)]
    • 3:00 PM: Protecting Yourself, Your Business and Your Crowdfunding Investment [Moderator: Jeff Musson (President, Dynamite Network), Panelists Chantal Cipriano (Lawyer / Manager, Compliance, BMO Private Banking), Marvin Huberman (Barrister, Mediator, Arbitrator, Marvin J. Huberman) and Monica Tigleanu (Financial Institutions Underwriter, AIG)
    • 3:45 PM: Community Capital and Locavesting [Moderator: Amy Cortese (Founder & Editor, Locavesting), Panelists Jennifer Bryan (Community Investment and Marketing Manager, SolarShare), Trish Nixon (Director of Investments, CoPower) and Adam Spence (Founder & Director, The SVX, MaRS Centre for Impact Investing)

 


Highlights from the Meet & Greet (Green Room), where the following sessions took place:

  • 1:15 PM: Meet & Greet with Dentons: Crowd Financing Options for Start-Ups [Kris Miks (Senior Associate, Denton and Jason Saltzman (Partner, Dentons Canada LLP)]
  • 2:00 PM: Presentation & Discussion by OSC: Ontario’s Crowdfunding Regime (MI 45-108) [Maria Carelli (Senior Accountant, Compliance and Registrant Regulations, Ontario Securities Commission) and Rick Whiler (Senior Accountant, Corporate Finance Branch, Ontario Securities Commission)]
  • 3:00 PM: Hosted by NexusCrowd: Crowdfunding Real Estate Primer for Accredited Investors [Hitesh Rathod (CEO, NexusCrowd Inc.)]
Meet & Greet with Dentons: Crowd Financing Options for Startups

Meet & Greet with Dentons: Crowd Financing Options for Startups

Meet & Greet with the Ontario Securities Commission.

Meet & Greet with the Ontario Securities Commission.


And last but certainly not least, highlights from the Live Pitching stream (CR3) where 12 startups pitched in front of a panel of judges and the crowd for “Front of the Line” Golden Tickets to CBC Dragon’s Den auditions.

  • 1:15 PM: Live Pitching Live Pitching 1 – Session Lead: DMZ (post-revenue)
    Pitchers: Pinnguaq (Ryan Oliver), SmartHalo (Xavier Peich), Riipen (Richard Tuck)
    Judges: Bill Morrow (Angels Den), Sherif El-­Tawil (DMZ), Kathryn Wortsman (MaRS)
  • 2:00 PM: Live Pitching Live Pitching 2 – Session Lead: Founder Institute (pre-revenue)
    Pitchers: Vizwik (Simon Gauvin), Flipd (Andres Moreno), Rna Diagnostics (John Connolly)
    Judges: Kamal Hussein (IncMind), Dr. Marat Ressin (YEDInstitute), Russell Samuels (Whitecap Venture Partners)
  • 3:00 PM: Live Pitching Live Pitching 3 – Session Lead: Startup Canada (post-revenue)
    Pitchers: Stashbelt (Jonah Brotman), Comfable (Neda Ghazi), The Sharing Depot (Ryan Dyment)
    Judges: Sean Burke (Frontfundr), Jim Orlando (OMERS Ventures), Sean Wise (Ryerson University)
  • 3:45 PM: Live Pitching Live Pitching 4 – Session Lead: MaRS (3:45 PM pre-revenue)
    Pitchers: Yirego (Megan Savage), NERv (Amr Abdelgawad), Eye-LIVE (Murray McKercher and David Baker)
    Judges: Ben Zlotnick (INcubes), Mark Skapinker (Brightspark Ventures), Anthony Lipschitz (Thinking Capital)
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Richard Tuck pitching Riipen.

Ryan Oliver pitching Pinnguaq.

Ryan Oliver pitching Pinnguaq.

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Xavier Peich wins the first live pitching session with SmartHalo.


Simon Gauvin pitching Vizwik.

Simon Gauvin pitching Vizwik.

Andres Moreno pitching Flipd.

Andres Moreno pitching Flipd.

John Connolly wins the 2nd live pitching session with Rna Diagnostics.

John Connolly wins the 2nd live pitching session with Rna Diagnostics.


Jonah Brotman pitching Stashbelt.

Jonah Brotman pitching Stashbelt.

Neda Ghazi pitching QTempSmart, Comfable's flagship product.

Neda Ghazi pitching QTempSmart, Comfable’s flagship product.

Ryan Dyment wins the 3rd live pitching session with The Sharing Depot.

Ryan Dyment wins the 3rd live pitching session with The Sharing Depot.


Amr Abdelgawad pitches NERv Technology.

Amr Abdelgawad pitches NERv Technology.

Murray McKercher and David Baker pitch Eye-LIVE Media.

Murray McKercher and David Baker pitch Eye-LIVE Media.

Megan Savage wins the final live pitching session with the Drumi, Yirego's flagship product.

Megan Savage wins the final live pitching session with the Drumi, Yirego’s flagship product.


The crowd gathers back in the main auditorium for the closing panel, closing keynote and closing remarks for the day, including a power panel of experts discussing the future of crowdfunding and the democratization of finance moderated by Erin Bury; a look at P2P decentralized networks by Anthony Di Iorio, who raised over $18 million for his Ethereum crowdfunding campaign (the 5th largest crowdfunding campaign in the world, also partially funded by bitcoin); and finally closing remarks by Adam Nanjee, Head of Fintech at MaRS.


Big thanks to everyone who attended this year’s Summit and all the sponsors, speakers, community partners and volunteers who helped make this event possible! We hope to see you again in 2017!

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View the #CCS2016 event website

View the #CCS2016 photo album

THANK YOU TO ALL OUR #CCS2016 SPONSORS AND PARTNERS:

All Sponsors

All Partners

Congratulations to the #CCS2016 live pitch winners!

SmartHalo, Rna Diagnostics, The Sharing Depot and Yirego receive “Front of the Line” Golden Tickets to CBC Dragon’s Den audition

 

On Thursday, March 3, 12 finalists pitched their startups in front of a panel of judges and the crowd at the 2016 Canadian Crowdfunding Summit (#CCS2016) at MaRS Discovery District. 4 out of the 12 finalists won a “Front of the Line” Golden Ticket to the Toronto audition of CBC Dragon’s Den, guaranteeing them a chance to pitch in front of the infamous dragons! Winners will also receive a copy of Mark Evans book Storytelling for Startups, as well as one hour of free consulting with Mark himself. The winners of each session are as follows: SmartHalo (Xavier Peich), Rna Diagnostics (John Connolly), The Sharing Depot (Ryan Dyment) and Yirego (Megan Savage).

Xavier Peich of SmartHalo

Xavier Peich of SmartHalo

 

John Connolly of Rna Diagnostics

John Connolly of Rna Diagnostics

 

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Ryan Dyment of The Sharing Depot

 

Megan Savage of Yirego

Megan Savage of Yirego

 

Each pitch session was led by a #CCS2016 startup ecosystem partner, with the following schedule and judging panel:

  1. Live Pitching Live Pitching 1 – Session Lead: DMZ (1:15 PM post-revenue)
    • Pitchers: Pinnguaq (Ryan Oliver), SmartHalo (Xavier Peich), Riipen (Richard Tuck)
    • Judges: Bill Morrow (Angels Den), Sherif El-­Tawil (DMZ), Kathryn Wortsman (MaRS)
  2. Live Pitching Live Pitching 2 – Session Lead: Founder Institute (2:00 PM pre-revenue)
    • Pitchers: Vizwik (Simon Gauvin), Flipd (Andres Moreno), Rna Diagnostics (John Connolly)
    • Judges: Kamal Hussein (IncMind), Dr. Marat Ressin (YEDInstitute), Russell Samuels (Whitecap Venture Partners)
  3. Live Pitching Live Pitching 3 – Session Lead: Startup Canada (3:00 PM post-revenue)
    • Pitchers: Stashbelt (Jonah Brotman), Comfable (Neda Ghazi), The Sharing Depot (Ryan Dyment)
    • Judges: Sean Burke (Frontfundr), Jim Orlando (OMERS Ventures), Sean Wise (Ryerson University)
  4. Live Pitching Live Pitching 4 – Session Lead: MaRS (3:45 PM pre-revenue)
    • Pitchers: Yirego (Megan Savage), NERv (Amr Abdelgawad), Eye-LIVE (Murray McKercher and David Baker)
    • Judges: Ben Zlotnick (INcubes), Mark Skapinker (Brightspark Ventures), Anthony Lipschitz (Thinking Capital)

 

Congratulations to the winners and all the companies who pitched! We look forward to #CCS2017! Click here to view the full #CCS2016 photo album.

Ontario Finance Minister to Provide Update on Crowdfunding Strategy

Hon. Charles Sousa Will Officially Open the 2016 Canadian Crowdfunding Summit on March 3

ontario-finance-minister-charles-sousa

Ontario Finance Minister Charles Sousa, seen speaking with the media earlier this year. (Frank Gunn/Canadian Press)

 

TORONTO, March 1, 2016 /CNW/ – Ontario’s Finance Minister, Charles Sousa, will explain the role alternative forms of funding will play in creating a sustainable economy in the province, at the 2016 2nd Annual Canadian Crowdfunding Summit in Toronto on March 3.  He will address entrepreneurs and investors, and talk about how new legislation announced at the start of the year will increase the number of financing options available for early stage start-ups and small businesses.

Craig Asano, Executive Director of the National Crowdfunding Association of Canada says including crowdfunding in a wider investment strategy for startups and small businesses is long overdue.

“Crowdfunding allows startups & small businesses to access a new source of seed and growth capital. When most people think about crowdfunding they think about Indiegogo or Kickstarter campaigns, but many Canadian businesses are already using these innovative financing tools to raise equity and debt capital up to $5MM.  This new liquidity in the market will help strengthen the early stage funding ecosystem and we welcome the Minister’s support.”

Notes to Editors

Where: MaRS, 101 College St, Toronto, ON M5G 1L7
When: March 3 2016 | 8.30 – 9.20 am

**OFF-STREET PARKING AVAILABLE FOR OB TRUCKS**

On Day contacts:

  • Lyndon Johnson 647-773-2677
  • Vanessa Wilson 416-817-1894

 

About the NCFA

The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding stakeholders across the country.  NCFA Canada provides education, research, leadership, support and networking opportunities to over 1300+ members and works closely with industry, government, academia, community and ecosystem partners and affiliates to create a strong and vibrant crowdfunding industry in Canada. For more information please visit: www.ncfacanada.org