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Finanso, a new Quebec center for crowdfunding

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Finanso | Perry Niro | Nov 7, 2013

Finanso 300x102 - Finanso, a new Quebec center for crowdfundingMONTREAL, Nov. 6, 2013 /CNW Telbec/ - As part of the forthcoming Canadian Crowdfunding Summit, it announced the launch of FINANSO (www.finanso.ca), a Quebec center of crowdfunding.

Finanso is a non profit organization that aims to support the achievement of economic, social and community projects through the use of crowdsourcing and crowdfunding web solutions.

Related:  Canadian Crowdfunding Directory

" Web 2.0 disrupts business models and now enables a greater number of people to invest in projects around their interests and values. It is also an approach to corporate finance and real estate group buying , "said Perry Niro, the founding president of FINANSO .

Through its platform philantrop (www.philantrop.org) , FINANSO offers a web customizable crowdfunding solution for foundations, social economy organizations, community groups, schools and municipalities.

Moreover, Finanso also advises project developers to prepare their campaigns and build a supportive community in Canada, the United States and Europe. "The arrival of Kickstarter in Canada is a great funding opportunity for entrepreneurs, ideators, inventors and creative , but requires careful planning for success " said Mr. Niro

Equity Crowdfunding,  a new avenue for SMEs to raise capital

Finanso will also provide a support service for entrepreneurs seeking equity financing in the United States and abroad. According to Perry Niro " the Securities and Exchange Commission of the United States changes its regulations to allow equity crowdfunding for non-accredited investors, that is to say, make it possible to take stakes in companies even crowdfunding platforms without going through the expensive IPO. We believe that Quebec companies could benefit from this pool of investors waiting for a similar change by the AMF in Quebec. "

On November 21 in Montreal, FINANSO is organizing a major conference on this theme with American, European and Canadian experts.

Source:  Finanso

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