Role of alternative finance
Transaction Value in the "Crowdfunding" segment amounts to mUSD 12.8 in 2016.
According to the 2nd European Alternative Finance Industry Report, Norway seems to be lagging behind their Nordic counterparts.
Zhang, B. et al (2016): Sustaining Momentum. The 2nd European Alternative Finance Industry Report. Cambridge University. https://www.jbs.cam.ac.uk/fileadmin/user_upload/research/centres/alterna...
Transaction Value is expected to show an annual growth rate (CAGR 2016-2020) of 25.63% resulting in the total amount of mUSD 32.0 in 2020.
The 4 most visible platforms are: Minaksjon, bidra.no, NewJelly and mumsmeanbusiness
In 2016, the first equity crowdfunding platforms started in Norway.
|Reward and donation-based crowdfunding||
Rewards-based Crowdfunding Volume in 2015, 1,1m EUR.
|Is there a specific national regulation in place applying to crowdfunding?||
Platforms operating in the Nordic region indicate needs for regulatory clarifications and amendments.
Currently, matching funds, state aid or tax benefits for alternative finance are not available in Norway.
|Matching funds initiatives|
|Crowdfunding guidelines for entrepreneurs / investors|
|Guidelines for researchers on crowdfunding for R&I|
DESCRIPTION: It is a research, science and innovation oriented platform which was founded in 2015. It promotes crowdlending for the production of renewable energy. The platform offers support from the initial application through to financing and to the ongoing relationship with investors.
PROJECT NAME: 3D Printer
DESCRIPTION: The project's aim is to develop a 3D Printer. The success of the project lies in the decision to access a new and expanding market. 3D printers represent a pivotal business for the "Internt of Things"
AMOUNT RAISED: € 471 out of € 471
The Nordic Crowdfunding Alliance is a partnership of key players in the Nordic crowdfunding scene committed to:
(1) developing an ever more crowdfunding-friendly Nordic region, whilst
(2) empowering and facilitating entrepreneurial growth in the region.
The alliance was officially established in March 2014 by the following founding members: Booomerang.dk (Denmark), Bidra.no (Norway), Invesdor.com (Finland), Karolina Fund (Iceland), Mesenaatti.me (Finland), and the University of Agder’s Center for Entrepreneurship (Norway).