Cornish innovators looking for funding to get their idea off the ground are being invited to learn more about the emerging world of crowdfunding at an event in Penzance next month.
The Cornwall Social Media Café event will take place at Penzance’s newly-opened flexible working space, The Workbox, on the evening of Tuesday, October 8, starting at 6.30pm.
Crowdfunding, where individuals pool their money to invest in new ideas, projects or businesses, has continued to grow in prominence over recent years in part due to the constraints on traditional bank lending.
Guests at the free event will have the opportunity to hear from Emily Smith of Crowdfunding initiative, Crowdfund Cornwall, as well as two individuals with differing personal tales of their crowdfunding experience – one who successfully raised the £5k they required, another who failed to raise more than £62 of his £500 goal.
Cornwall Social Media Café organiser, Aren Grimshaw, said: “More and more people are turning to the crowd to raise capital for their big ideas. Here in Cornwall, Crowdfund Cornwall is looking to raise more than £200k to fund 100 local projects and it’s great to have the chance to learn more about how we can all get involved, either as innovators or investors.”
The Cornwall Social Media Café is a monthly event for those interested in or using social media for business or pleasure. Started in 2009, the event regularly attracts an eclectic crowd of artists, inventors, businesses, bloggers, charities, politicians and journalists.
Anyone wanting to attend the event can register for free by clicking here or call Aren on 07598 242212 for more information.