Do you know about crowdfunding in The Former Yugoslav Republic of Macedonia?
Tell us what you know using the comment below.
Role of alternative finance
Overall size of the market:
There is no precise data available about the market size of the country. So far, there are 3 successful projects funded by the only existing crowdfunding platform for a total of 160,000 MKD, corresponding to 2,500 EUR.
Total crowdfunding platforms:
There is only one active crowdfunding platform in the country, LetsFundIt.mk (https://www.letsfundit.mk/). So far, there are 3 successful projects funded for a total of 160.000 MKD, corresponding to 2.500 EUR. Since the establishment of LetsFundIt in 2013, no new platforms have been created in the country.
| Evidence | |
|---|---|
| Equity-based crowdfunding | |
| Reward and donation-based crowdfunding | LetsFundIt, the only active platform in the country at the moment, is not focused on R&I topics, but it's a generic platform that also hosts R&I related projects |
| Lending crowdfunding | |
| Others |
Regulatory Context
| Evidence | |
|---|---|
| Is there a specific national regulation in place applying to crowdfunding? | No |
| General regulation | |
| Prospectus requirement |
Support policies
Overview:
Currently, matching funds, state aid or tax benefits for alternative finance are not available in the Former Yugoslav Republic of Macedonia.
| Evidence | |
|---|---|
| Matching funds initiatives | |
| State-aid | |
| Tax benefits | |
| Crowdfunding guidelines for entrepreneurs / investors | |
| Guidelines for researchers on crowdfunding for R&I |
Additional insight
Success story of crowdfunding platfroms for R&I:
NAME: Letsfundit
Success story of crowdfunding projects for R&I:
There are no funded projects concerning R&I in Macedonia.