With the financial support of the European Union

1 With the financial support of the European Union

EU Webinar Series | #6

– “Crowdfunding for Impact” – 16 March 2016

With the financial support of the European Union

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GoToWebinar | Tips & Tricks (1/2)

GETTING STARTED You are able to Open and Hide your Control Panel

The control panel will collapse automatically when not in use. To keep it open you can click the “View” menu and uncheck “Auto-hide Control Panel”.

To Join Audio

Choose “Mic & Speakers” to use the VoIP. If you choose “Telephone”, you will receive the

PIN for the webinar. Dial using the information provided in the registration confirmation.

If you have technical issues accessing the Webinar please call Simon Ott in the EVPA Brussels office on +32 (0)2 513 21 31.

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Q&A TIME You can address questions in written form to

our panellists. Those will be directed to them and answered during the Q&A time.

If you have a technical issue while connected

to the Webinar please submit a text question or comment to the organisers using the Questions panel.

Participants will be kept muted. This session is recorded.

GoToWebinar | Tips & Tricks (2/2)

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EVPA & Public Affairs

by Elinor de Pret EVPA

EU Webinar Series

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- Crowdfunding for Impact -

Graphic: Rocio Lara

Welcome to EVPA’s Webinar!

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Crowdfunding Webinar | Welcome to our e-Speakers!

José Moncada La Bolsa Social

Joachim Schwerin European Commission

Silvia Steisel Gingo Community

Oliver Gajda European Crowdfunding Network

Dr Lisa Hehenberger EVPA

Elinor de Pret EVPA

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Crowdfunding Webinar | Programme

1. The View of the European Commission Joachim Schwerin

2. Overview of the European Crowdfunding

Market Oliver Gajda

3. Equity Crowdfunding for Impact –

A Spanish Platform José Moncada

4. Donation Crowdfunding for Impact –

A Belgian Platform Silvia Steisel

5. Q&A Session

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1. | The View of the European Commission

By Joachim Schwerin

Principal Economist, DG GROW (Unit H3) European Commission

Crowdfunding:

The View of the European Commission

Dr. Joachim Schwerin, Principal Economist,

DG GROW, Unit H/3 SME Access to Finance

EVPA Webinar No. 6 "Crowdfunding for Impact", 16.03.2016, Brussels

- The views I express are my own and do not necessarily represent those of the European Commission as a whole. -

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European Crowdfunding Policies: SME Access to Finance

• Dedicated webpage (http://ec.europa.eu/growth/ access-to-finance/funding-policies/crowdfunding/index_en. htm);

• SME Guide in 23 languages (http://ec.europa.eu/growth/tools-databases/crowdfunding-

guide/index_en.htm);

• Awareness raising and promotion of best practices: • Workshops;

• Event partnerships etc. 10

European Crowdfunding Policies: Financial Services / Regulation

• Dedicated webpage: http://ec.europa.eu/finance/general-policy/crowdfunding/index_en.htm

• Information on:

• Studies;

• European Crowdfunding Stakeholders Forum (ECSF);

• Publications;

• Workshops etc.

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European Crowdfunding Policies: Milestones

1. Public consultation (03.10.-31.12.2013) (http://ec.europa.eu/internal_market/consultations/2013/crowdfunding/ index_en.htm);

2. Communication "Unleashing the potential of Crowdfunding in the European Union" (COM (2014) 172) of 27.03.2014 (http://eur-lex.europa.eu/resource.html?uri=cellar:3e0b89b3-b6eb-11e3-86f9-01aa75ed71a1.0002.01/DOC_1&format=PDF);

3. Communication "Action Plan on Building a Capital Markets Union" (COM (2015) 468) of 30.09.2015 (http://ec.europa.eu/finance/capital-markets-union/docs/building-cmu-action-plan_en.pdf)

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Crowdfunding Regulation at Member State Level

Increasing number of crowdfunding regulatory regimes at Member State level:

Issues:

• Equilibrium between fostering economic activity and investor protection?

• Cross-border crowdfunding vs. regional/local crowdfunding?

• Convergence between national rules within EU?

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Social Enterprises

• Dedicated webpage: http://ec.europa.eu/growth/sectors/social-economy/enterprises/index_en.htm

• Social Business Initiative (since 2011):

• Making it easier for social enterprises to obtain funding;

• Increasing the visibility of social entrepreneurship; and

• Making the legal environment friendlier for social enterprises

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Thank you for your attention!

More information:

http://ec.europa.eu/growth/ access-to-finance/index_en.htm

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With the financial support of the European Union

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2. | Overview of the European Crowdfunding Market

By Oliver Gajda

Founding Executive Director, European Crowdfunding Network (ECN)

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3. | Equity Crowdfunding for Impact – A Spanish Platform

By José Moncada

CEO and Founder, La Bolsa Social

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4. | Donation Crowdfunding for Impact – A Belgian Platform

By Silvia Steisel

Head of Philanthropy, Bank Degroof Petercam (Platform: Gingo Community)

The first platform for collaborative philanthropy in Belgium Powered by Bank Degroof Petercam

WHY? # Context #Activity

A lack of transparency

½ Belgians give

56% potential givers lack trust*

31% of givers lack information*

*Institut Ipsos, Baromètre de la philanthropie, Fondation Roi Baudouin, 2014

# Context

Philanthropy is growing in every region of the world in 2015

“Impact investing ” (52 %) and “collaborative philanthropy” (51 %) are the two major opportunities mentionned by philanthropists.

Source: Forbes Insight: 2015 BNP Paribas Individual Philanthropy Index

# Context

HOW? # Principle

# Principle

# Principle

# Principle What makes Gingo different?

100% of the donations go straight to the project

Gingo’s business model allows to avoid taking any percentage on donations

Gingo is a non-profit initiative

Gingo Foundation aims to promote collaborative philanthropy

Trusted filter Our expert partners analyse and select the projects funded on Gingo and prove a quality label

# Platform

www.gingo.community

Lessons

learned? # Take aways

Is

crowdfunding

easy?

# Take aways

Is

crowdfunding

worth?

# Take aways

Does

crowdfunding

have impact?

# Take aways

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5. | Q&A Session

Elinor de Pret EVPA

e-Speakers e-Moderator

Joachim Schwerin European Commission

José Moncada La Bolsa Social

Oliver Gajda European Crowdfunding Network

Silvia Steisel Gingo Community

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Thank You !

Don’t hesitate to contact EVPA’s Policy Team, should you have any follow-up question related to this webinar and / or to EVPA’s activities!

Simon Ott Policy Intern

sott@evpa.eu.com

Dr Lisa Hehenberger Research and Policy Director lhehenberger@evpa.eu.com

Elinor de Pret Public Affairs Manager edepret@evpa.eu.com

With the financial support of the European Union

EVPA is kindly supported by:

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