Aug 14, 2019
The Crowd Sourced Funding Equity Raising Scorecard produced by ESS Small Business / ESS BIZTOOLS as at 31 July 2019 has identified that 31,141 investors have invested an average of $1,207 each in the 44 companies that have raised $37,586,246. (Click here to view the Scorecard)
This uptake indicates that after a slow start Crowd Sourced Funding Equity Raising is starting to raise much needed capital for small businesses and medium-sized enterprises operating their businesses all over Australia.
Crowd Sourced Funding Equity Raising has been established in Australia following amendments to the Corporations Act by the Australian Government....