Local entrepreneurs and experts share crowdfunding tips

“Empowering our local communities” was the theme for the first ever Community Crowdfunding Summit which took place in Prince George.

Collecting funds from all interested independent individuals

Collecting funds from all interested independent individuals

Prince George, B.C. — “Empowering our local communities” was the theme for the first ever Community Crowdfunding Summit which took place in Prince George, 16 March, 2016.

Over 50 people gathered at the Coast Inn of the North and listened to various presenters including industry experts as well as local entrepreneurs from both Prince George and Telkwa.

“The session was both informational and inspirational” seemed to be the sentiment of most attendees as they learned of the various means, forms and platforms in the blossoming crowdfunding industry.

Crowdfunding, according to Merriam-webster.com/dictionary is, “the practice of soliciting financial contributions from a large number of people especially from the online community.”

Local crowdfunding portal www.investlocalbc.ca teamed up with Community Futures Stuart Nechako and Community Futures Fraser Fort George to bring much needed information about crowdfunding to this area of the world.

“Being a local one stop shop for crowdfunding we wanted to let everyone know the various types of crowdfunding available and how it can be used to move our communities forward,” said Graham Stanley, manager of Community Futures Stuart Nechako.

“Funding has been cut by all levels of government and if our communities want to carry on with new business start-ups and commiunity projects, crowdfunding offers a very viable alternative,” said Stanley.

The event featuring eight preseners was also livestreamed around the province ensuring the “message of this powerful tool reaches as many people as possible,” Stanley stated. “Whether you are looking for equity crowdfunding or how to move your non-profit forward, this summit has tremendous information for everyone.

“I think this will be a yearly affair as this industry keeps morphing and things will be much different at this time next year. And perhaps a number of smaller webinars in the meantime so folks can stay abreast of what is going on.”