Training for crowdfunded projects, start-ups and causes
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 email@example.com 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