Role of alternative finance
There are only two active projects in the country, both hosted by foreign crowdfunding platforms (Indiegogo and Kickstarter)
There are no Albanian Platforms
|Reward and donation-based crowdfunding|
|Is there a specific national regulation in place applying to crowdfunding?||
Regarding business environment, despite recent progress, improvements are necessary to address the institutional and regulatory barriers faced by entrepreneurs.
Reducing the high level of complexity in rules, procedures and reporting guidelines, and in particular improving their predictability and transparency, are crucial to business development, enabling long-term investment decisions and thus positively affecting growth. An improved institutional and regulatory environment, coupled with a strong and transparent investment policy framework, will help spur local business development, attract foreign investors, and harness spill overs from FDI, which are essential elements to achieving the country’s goal of improving competitiveness and productivity.
Further efforts are also needed to enhance the facilitation of trade across borders. Although the trade environment has undergone significant improvement in recent years, further simplification and shortening of procedures and documentation, along with an overall reduction in the economic distance to markets, are crucial to the global integration of Albania.
(source: ALBANIA’S ECONOMIC REFORM PROGRAMME
Ministry of Economic Development, Tourism, Trade & Entrepreneurship, http://www.ekonomia.gov.al/
|Matching funds initiatives|
|Crowdfunding guidelines for entrepreneurs / investors|
|Guidelines for researchers on crowdfunding for R&I|