What is Equity Crowdfunding
Crowdfunding is the raising of funds through the collection of small contributions from the general public “the crowd” using the Internet and social media. Crowdfunding has its origins in the concept of crowdsourcing, which is the broader concept of an individual reaching a goal by receiving and leveraging small contributions from many parties.
Traditional Funding – large amounts from one, or a few sources
Crowdfunding – small amounts from numerous groups or individuals
Equity crowdfunding – the sale of a stake in a business to a number of investors in return for equity in the company
1- Register as an Investor
Create an account—all it takes is your name, email address, and province.
2- Review Investment Opportunities
Go to Current Projects to view company profiles.
3- Initiate Investment
When you find a company that you would like to invest in click on Invest Now.
4- Complete Investment
You will now be directed to the Moneris Interac Debit secure payment platform, where you will verify the amount of your investment and initiate payment. If your institution is not listed in the Moneris Interac Debit section, then select the E-Transfer button to complete payment. If you decide that you would like to cancel your investment, you will have a 48 hour period to do so. Your funds will then be held in trust, until such time that the minimum raise amount has been achieved by the company.
5- Close Financing
When the company’s minimum raise amount has been reached and the 90 day raise period has elapsed the financing will be closed and your shares will be issued. If the company’s minimum offering amount is not reached, your payment will be returned to you.