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National Crowdfunding Association of Canada

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Vancouver Event (Sep 29, 2015):  VanFUNDING 2015 (more info)


 

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MPP, Hon. Brad Duguid Officially Opens the Inaugural 2015 Canadian Crowdfunding Summit on March 3, 2015 at MaRS Discovery to a sell out crowd. 

Checkout:  Video Recap | Storify | Sessions & Decks | Post-Event Infographic

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[Breaking News]: Six Canadian securities regulators to adopt start-up crowdfunding exemptions

May 14, 2015:  thumbs upThe securities regulators of British Columbia, Saskatchewan, Manitoba, Québec, New Brunswick and Nova Scotia (the "participating jurisdictions") today announced they have implemented, or expect to implement, registration and prospectus exemptions that will allow start-ups and early‑stage companies to raise capital through crowdfunding in these jurisdictions, subject to certain conditions.

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Check out our May 28 Networking Crowd & Rooftop Venue!

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CF2015 Industry Report

GET the 2015 Massolution Global Industry Report --> Now

 NCFA Members Get 25% Discount Code = NCFAC100

Report Forecasts Total Global Crowdfunding to Reach $34.4 Billion in 2015

North America Remaining the Largest Market and Asia, Outpacing Europe in 2014, in Second Place

After collecting data on 1,250 active crowdfunding platforms (CFPs) worldwide and undertaking significant further research, the results reveal that CFPs raised $16.2 billion in 2014, a 167% increase over the $6.1 billion raised in 2013. North America still accounts for the largest market but 2014 saw Asia overtake Europe, by a small margin. With exponential growth in Asia, Massolution forecasts this lead will increase significantly in 2015 with the delta between Asia and Europe increasing to over $4 Billion. We predict that Europe’s 20.1% of market share in 2014 will decline slightly in 2015 when Europe will account for 18.8% of the worldwide market.

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2015 Canadian Crowdfunding Directory

Last Revised:  Jul 20, 2015
This is an ever evolving and growing directory of active (or beta) Canadian Crowdfunding platforms, funding portals and service providers.  Please contact us  with additions, deletions and edits at casano@ncfacanada.org and we'll do our best to make updates periodically.

CFP Jul-20-2015

 

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New “Start-up” Crowdfunding Exemptions Adopted in Some Canadian Jurisdictions

AUM Law | Paul Hayward | June 5, 2015

AUM lawThis is the second of our nutshell series on regulatory developments affecting crowdfunding and other online financing portals.

On May 14, 2015, the securities regulatory authorities of British Columbia, Saskatchewan, Manitoba, Québec, New Brunswick and Nova Scotia (the participating jurisdictions) announced that they were adopting substantially harmonized registration and prospectus exemptions (the start-up crowdfunding exemptions) to allow start-up and early-stage companies in these jurisdictions to raise up to $500,000 per calendar year through online funding portals.

As explained in the related notice, Multilateral CSA Notice 45-316 Start-up Crowdfunding Registration and Prospectus Exemptions, the exemptions are being implemented by way of local blanket orders on or shortly after the publication of the CSA notice, and will be in effect until May 13, 2020.

The start-up crowdfunding exemptions consist of an exemption from the prospectus requirement (the start- up prospectus exemption) and an exemption from the dealer registration requirement (the start -up registration exemption).

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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 1100+ 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.  Learn more About Us or visit www.ncfacanada.org.

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61 Responses to National Crowdfunding Association of Canada

  1. monica walker says:

    Our group (read volunteers) are trying to raise funds for the resurfacing of an elderly tennis court in a small Ontario town with a population of 1500 people We are in cottage country so the population soars in the summer. Is there a place for our project on social media?

    • NCFA says:

      Hi Monica, there’s a place for almost any project on social media, which is a channel to market your project to your community (new and old). Review various social media channels (eg., facebook, twitter, instgram, etc..) to determine the best fit for your needs. Start with one channel initially to better understand the impact and resources/commitment needed to manage it appropriately../brgrds, CA

  2. search says:

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  3. Suzanne says:

    rb, Just saw this…if you’re still interested in information on this, we have lots…let us know!
    For starters, there are a few sites that focus on books and book-related projects. Try Pubslush.com, or any of the big sites (all have some decent luck with book projects).
    However, it sounds like you don’t have any experience with crowdfunding, so I’d highly suggest you consider getting some education around that first. We offer some workshops and individual coaching, but so do others – depends on where you’re located, and what you’re doing! Best of luck…

  4. Appel Mahmud says:

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  5. Appel Mahmud says:

    Financing for transport trucks

    We Buy & Sell Used Trucks!

    We will work with you one on one to help you retail or wholesale your trucks.
    (We have many references). We only need you to send us the specifications as
    well as pictures of the interior & exterior of the truck(s) and let us go
    to work. All we ask is if there are any issues with the trucks please inform
    us. It never hurts having another salesperson working for you for free. The way
    we get paid is we add $1,000 to your bottom line price. When we receive a lead,
    we call and email you with the person’s information. You then will set up a
    time to show them the truck or trucks. If they buy from you, we will invoice
    you for $1,000. It’s that simple!2

    We can also locate used trucks at fair prices. We call on 7,000 companies
    throughout the USA every 2.5 months and do come across fair prices.

    We want to thank you again for the opportunity to work with you and your
    company.

    DSS Trucking Services Ltd

    Darren Sheppard

    Canada

    Email: darren.dsstrucking@gmail.com

    Buy from here:>> http://www.dsstrucks.com/

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  7. marsha says:

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  10. The baker says:

    I am doing a boat cruise fundraiser for professionals everywhere in Toronto. Idea came about when I noticed hundreds of youth idle who’s parents could not afford summer camp or tours and excursions during the summer break. I need an investor to help with the cruise. It will be fun for a mature crowd and will benefit youth in low income families. Can anyone Help? Please email me: torontoyouthspeak@gmail.com

  11. marsha says:

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  14. Carol says:

    I am looking for someone to invest in me and my writing.
    Have 6 books published.

  15. M K Harrison says:

    sorry, That I often SEE get cheated…. typo…

  16. M K Harrison says:

    Quick question, I am not Canadian, though I am opening a project that is directed toward Canadian investors investing abroad. Base activity is to protect the interest of the Canadian investors that I often get cheated. You can reach me at kentonharrison@hotmail.com , which way would be best to directly interact?

  17. Arun Trikha says:

    I tried to join NCFA as a company but it did not allow me. Everybody is in search of Happiness.Nobody has found it.This site tries to bring Happiness by most of the tools.Keeping health at the highest level through food,sleep,talk,mentoring,natural way,helping others,sacrificing for someone are tried. The true facts of life by experience gained through education and lifelong learning are explained. The author has taught Chemistry at various institutions and holds a Ph.D degree. Freelance writing,helping others,volunteering give me real happiness. I want to raise funds to make my wesite/blog fully functional.

  18. vanessa seath says:

    I am a special needs educator, I like to work with children with special needs. I have wanted to open a daycare for families with a child with special needs. Yes there are schools for these children but there is no form of respite for parents who have a special needs child under the age of five. The parents need breaks send I would provide childcare, specially developed programs to work with the child needs. I song staff would work with the parents send yeah them to run the programs at home, teach them techniques and cooking skills. My goal is to offer the families a better quality of life. I’m looking to raise money to start this dream I have. I think it would be beneficial to my community.

  19. JennieferEquineEvents says:

    I am part of an initiative which promotes horse welfare awareness. We support humane equine handling practices, and community enhancement through equine facilitation-horses are healers. Moreover, wild horses in Canada and the U.S. have little protection from for profit industries, who favour financial benefits over horses’ lives in the wild. The Wildies & Mustangs-All Equine Event is our flagship event, held at Conestogo River Horseback Adventures, on June 21st, 2014. Our scope is broad and integrative, as we understand growth comes from collaboration and in support of partnership models. Our Event needs funds towards equine advocates’ travels, and our production costs require financial support as well.

    Visit: https://www.facebook.com/mustang.rally.2014
    Thank you for the read, all support appreciated.
    Warm Regards,
    Jenniefer
    Photo Courtesy: Duane Starr Photography

  20. SqueezeFord says:

    Great tips and information . I just started my first Crowd funding campaign .
    http://www.kickstarter.com/projects/690102371/squeeze-ford-stress-toy?ref=live
    @squeezeford

    • NCFACanada says:

      Good luck with your campaign. Will be interesting to see which site attracts more presales; your KS campaign or Indie linked directly to the squeezeford website…

      • SqueezeFord says:

        Yes it should be interesting to see how that evolves. Kickstarte had some limitations in terms of the quantities for our rewards. So I had to end up putting it in indiegogo as well . I hope that does not backfire. There is only one way to find out

  21. G F King says:

    I have an idea that uses wilderness backpacking/camping trips to help the homeless have time to take a break from the street life and re-evaluate their lives. Choose new goals, develop a plan to reach them and brainstorm around the resources needed to implement their plan. This is a cost effective solution to a problem most, if not every community is facing today. Property, taxes, utility bills and other usual costs would be minimal as opposed to an urban based traditional program that sets out to assist this group of people. I am a lifelong avid nature lover who has been working with the homeless population since 1982 and have first hand experience being personally homeless. It is my belief that far too often too much of the funds for these programs are used for administrative, personnel and management costs with smaller portions going to program participants. Most of the expenses associated with this type of program would be allocated to equipment, transportation to and from wilderness areas, insurance and minimal staffing with volunteer support who enjoy wilderness and want to help others. Nature has within itself a strong healing component that lends itself well to this project. We all need to take a break and “get away from it all” from time to time. Imagine living with that need 24/7 day after day with no hope for a break! Time to dream, to think, to set goals and develop a plan to attain those goals. A simple, practical and cost effective potential solution to a complex problem with a multitude of theories of how to address this. Allow people to accept responsibility for determining the solution that is best for them and using their own inner strength to come out on top of it all. Deep inside each of us has an idea of what we want, we just need some time to determine our goals and how we can achieve them using our own resources and asking for the help we need.

  22. Heather Greenwood says:

    I am president of a winter family orientated Festival in Rural Manitoba Canada. How can I get Crowd funding to work for me?

  23. garagedocfilms says:

    My feature documentary film is nearing completion and needs help to get it across the finish line in time for major film festivals
    http://www.kickstarter.com/projects/339714972/elliot-feature-documentary-film

  24. Berger Kevin says:

    Hello everyone,

    I am a French-Thai student that comes from the European Business School in Paris. I am currently in Montréal from the 25/10/2013 until the 03/10/2013.

    I am currently writing my master thesis about crowdfunding and its potential. I am
    looking for poeple who have backed and financed projects on any crowdfunding
    website. I wish to know your feedback on your crowdfunding experience in order
    to make it even better.

    The NCFA website and my research made me book a flight from Paris and come here to Montreal. I truly wish to help as many people as I can. I know that
    crowdfunding can do this and my goal is to enhance its current model to make it
    even better. This is what I am fighting for.

    I have a vision that crowdfunding could truly change the way we help, the way we work and the way we perceive solidarity. Therefore your feedback and your experience would be a great help.

    My objective is to interview 15 people during my stay here in Montreal. I would be happy to meet you whenever it’s the most appropriate time for you.

    I am having difficulties to find people to interview. If you know anyone that has backed a project please let me know. Any advise would be a great help.

    If you are interested please contact me per mail: kevinberger@ebs-paris.com and I will get back to you as soon as possible. I can move around easily and truly wish to get as much feedback as i can during my stay.

    Thank you for your help and your consideration,

    Kevin Berger

    • NCFACanada says:

      Hi Kevin, since you are currently based in Montreal, I’d like to introduce you to Heri and Brun of the SeedingFactory who have significant experience working with companies seeking funding via crowdfunding markets. Also, NCFA would be interested to learn more about the project. We are currently seeking crowdfunding research ambassadors…
      Heri/Bruno, Kevin is conducting research for his European business school program out of Paris and perhaps you could be a good resource for him.
      best Craig

  25. Amy says:

    have been production Artist for my friend’s project – which started ten years ago. She has created a best selling oracle, with her award winning photographic skils, and it has caught the attention of many people- and she already has large orders. We want to self publish but need 5000 dollars to get it printed.

    CAN YOU HELP?

    ALL artwork and the book can be sent for viewing, and our projections, financially spewing….her illustrations of faery folk and mystical themed images of empowering words and guidebook are so intuitive and direct, they really are magical…

    A ten year project that is ready to go to press, but needs assistance – please get in touch!!

  26. D Bachmann says:

    When a project is collecting funds are there any taxes involved?

  27. FINANSO says:

    Great speakers from Paris, London, San Francisco, Toronto, Montreal, at Canadian Crowdfunding Conference, november 21, Montreal, http://www.finanso.ca

  28. Jack Farquhar says:

    I am a serving member of the Canadian Forces and may be medically released soon. I have the opportunity to buy an operating collision repair shop. I have over 14 Years experience in the industry but not funding.

  29. CrowdFund Beat News says:

    Canada: OSC Update On Proposed Capital Raising Exemptions

    http://www.crowdfundbeat.ca/canada-osc-update-on-proposed-capital-raising-exemptions/

  30. rb says:

    I would like info on receiving crowd funding towards creating a book or movie also this is a new start towards my goal as a writer

  31. Gary Ballan says:

    I have written a collection of over 100 song lyrics. I need funds to get several of my songs put to music and vocals and recorded on demo CD’s. Once I have the songs on demos I can pitch them to producers.

    • NCFA says:

      Hi Gary, there are a few Canadian portals dedicated to helping musicians (and fans) fund their projects such as IOUmusic, sourced.fm and SOkap. Check out the Crowdfunding Directory for the links …http://tinyurl.com/khq6kbc Your first demo should probably be your live pitch to raise funds for your project. Good luck!

  32. Jeffrey Williams says:

    I have an innovative paint product that has the interest of a big box store chain. I need funds to begin making the tooling for the molds. If we present the finished product in its entirety, I am told that the orders will be placed. All that I currently earn goes to bills and it kills me to just sit idling with this.

    Help anyone?

    • NCFACanada says:

      That’s great that you have an innovative product – congratulations. Start by researching your portal options on the Canadian CF Directory (http://www.ncfacanada.org/canadian-crowdfunding-directory/) and reach out to connect with potential partners and crowdfunding experts active in the space. If you are interested in accelerating funding for your project, please get in touch with us and we can introduce you to potential crowdfunding consultants that may be able to assist you for a fee…

    • Will says:

      Jeffrey, just a random question: Could you sell it in smaller non-big box stores? Why not approach them as well, and see if they would be interested in the venture. Those who would benefit from it may be interested in a Crowdfunding opportunity, give them something on both sides and don’t give it to the Big Box make it exclusive – if its as good as you say it is, then there are always others – and I think Crowdfunding provides you this conduit. BTW: the Big Box offer with condition of “Product Entirely” may also be simply a way of starving you out – and then they do it anyway. I hope it isn’t, but why are they not helping you – just sayin.

  33. Vourno says:

    Vourno Launches In Canada: conta.cc/12f8MJn

  34. Murray McKercher says:

    Congrats to all for a Great job on the National Event, held in Toronto at Ryerson University Digital Media Zone… can’t wait to see the pictures…

  35. CanadianSeajay says:

    What about the individual (not a corporation), say, an inventor … can the required funds, whether to further develop or market the invention, be raised through crowdfunding?

    • NCFACanada says:

      Yes, individuals can raise funds via legally permitted crowdfunding markets. Advised to evaluate tax implications to determine the best route. Ex. cost of repatriating funds back to Canada if raised on overseas portals..

  36. Sean says:

    Will crowdfunding ever be available to public issuers?

    • NCFACanada says:

      Hi Sean,

      Today, there are no restrictions on public companies raising funds via donation or reward based crowdfunding models.

      If, however, you are referring to equity crowdfunding, while not yet legally permitted in Canada, the OSC’s proposed equity crowdfunding framework only requires that the issuing company, its parent, and its principal operating subsidiary be incorporated or organized under Canadian federal laws (or Canadian jurisdiction) and have its head office located in Canada. Thus, under the above scenario, public issuers would be able to use crowdfunding exemptions.

      Thanks for your question

  37. Jason Bergerson says:

    Website looks awesome.

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