Train­ing for crowd­funded projects, start-ups and causes

The Malta Business Weekly - - NEWS -

Zaar, Malta’s first crowd­fund­ing plat­form to be launched be­fore year end, has signed a sup­port agree­ment with Grant Thorn­ton Malta.

Grant Thorn­ton will be sup­port­ing Zaar, which is op­er­ated by PEI Ltd, in defin­ing cus­tomer due dili­gence prior to launch­ing a project on the plat­form, pro­vid­ing train­ing and tool­kits for project ini­tia­tors and start-ups, as well as one-to-one as­sis­tance and busi­ness ad­vice to project ini­tia­tors con­sid­er­ing crowd­fund­ing as an al­ter­na­tive source of fi­nance for their in­no­va­tive ideas or projects.

Crowd-fund­ing is a fast-grow­ing al­ter­na­tive method to raise fund­ing for projects or ven­tures by col­lect­ing many small amounts of money from a large num­ber of peo­ple. It is a true means of giv­ing buzzing en­trepreneurs and start-ups a chance. Crowd­fund­ing plat­forms are web-based and al­low would-be in­vestors/fun­ders to make of­fers to new en­trepreneurs. Of­ten the start-up does not have the rel­e­vant resources to fi­nance a project in full and strug­gles to ob­tain fi­nanc­ing from tra­di­tional credit in­sti­tu­tions.

The first train­ing ses­sion, Great idea to fund­ing, will fo­cus on what crowd­fund­ing is and the prepa­ra­tion re­quired to get your idea crowd­funded and ready to launch on the plat­form. The train­ing will be held on Wed­nes­day, 4 Novem­ber from 6 to 7.30pm and shall be free to par­tic­i­pants, how­ever, reser­va­tion is re­quired to se­cure your place on a first-come first-served ba­sis.

To book for the train­ing con­tact Karl Grech on email or phone on 7905 0478, 2340 3982.

Karl Grech, man­ager, ZAAR Crowd­fund­ing Plat­form; Mark Bugeja, man­ag­ing part­ner and head of As­sur­ance and Michael Zarb, se­nior man­ager – Ad­vi­sory ser­vices, Grant Thorn­ton

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