Lynn Johannson, Advisor, Sustainability and ESG
January 4th, 2024
Digital Journal | NCFA Press Release | May 16, 2014
TORONTO, May 16, 2014 /CNW/ - On March 20, 2014, a total of six (6) provincial regulators announced two main proposals for new Crowdfunding prospectus exemptions that would allow early stage companies such as start-ups and SMEs to raise up to $1.5 million of capital online through the issuance of securities.
This represents a significant leap forward and positive progress for Crowdfunding advocates such as the National Crowdfunding Association of Canada (NCFA Canada), who have been working diligently with key industry stakeholders, government, regulators, media, eco-system partners and academia, since launching in October 2012, to provide education, research and valuable input into the development of a viable 'made in Canada' framework.
To foster crowdfunding awareness , education and to encourage participation in various provincial regulators request for comments on the proposed equity crowdfunding exemption, portal registration framework and general comments, the NCFA has announced a series of 'must attend' events in key cities leading the way for Canada to become a world class crowdfunding centre. To learn more about emerging equity crowdfunding regulations and to participate in the formal public comment process, please visit https://ncfacanada.org/.
On April 16, 2014, the NCFA kicked off a cross-canada tour to ignite venture capital and entrepreneurship in Toronto to a sellout crowd held at the Ontario Investment and Trade Centre. This timely and on-topic event was co-hosted with the City of Toronto, and provided an engaged audience with four curated perspectives including a regulatory briefing of the proposed new equity crowdfunding exemption in Ontario and portal registration framework, legal issues, investment opportunities, and portal perspectives.
This successful event brought together a diverse range of expert speakers to discuss key topics who delivered substantive content that fueled open forum questions and extended the event well into networking time. Distinguished panelists included Jim Turner, Vice Chair Ontario Securities commission OSC, Gerard Buckley, Chairperson, Maple Leaf Angels Corporation and Managing Director, Jaguar Capital Inc., Jos Schmitt, Chief Executive Officer, Aequitas Innovations, and John Wires, Founder of Wires Law.
View NCFA Toronto event pics and a follow-up post by Gerard Buckley here.
This event is co-hosted by the National Crowdfunding Association of Canada and the Vancouver Economic Commission and sponsored by FundRazr, Canada's leading Crowdfunding Portal that has raised in excess of $50 million, and Optimize Capital Markets, Canada's longest running equity crowdfunding portal, to be held from 8:00am - 11:00am (PST) in Vancouver at the Delta Suites (Innes Thompson room). Join us and our premier panel of industry, eco-system, technology, innovation, legal, regulatory, portal and provider experts to discuss key views and insights on Crowdfunding exemptions enabling businesses to raise venture capital in BC.
Bill Tam - BC Technology Industry Association
Paul Geyer, CEO, LightIntegra Technology and Chairman, Neovasc
Alixe Cormick - Venture Law Corporation
Leslie Rose - BC Securities Commission
Jonathan Bixby - GrowLab
Ian G. McKay - Vancouver Economic Commission
Daryl Hatton - FundRazr
Matthew McGrath - Optimize Capital Markets
Tickets are limited. For more information on how to register, please visit
https://www.eventbrite.ca/e/igniting-venture-capital-in-bc-expert-panel-on-new-equity-crowdfunding-opportunities-tickets-11482864557
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This event is hosted by the Greater Saskatoon Chamber of Commerce and Presented/sponsored by the National Crowdfunding Association of Canada, Financial Consumer Affairs Authority, McKercher LLP, IndieInk Publishing, University of Saskatchewan Industry Liaison Office, and Square One.
Saskatchewan is the first and only Canadian province to have approved an equity-crowdfunding specific exemption from securities law to raise capital, and on May 28th will launch its first marketplace and equity crowdfunding portal. As Canada's entrepreneurial hot spot, Saskatchewan leads the way in this newest niche in the financing continuum. If you're an entrepreneur seeking capital, an angel investor interested in equity crowdfunding, or a service-provider wondering how the equity Crowdfunding industry might benefit you, this is the event to attend.
Special Guest: Alixe Cormick (Venture Law Corp., Vancouver)
Dave Wild (Chair, FCAA)
Les Schaevitz (Owner, New Equity Portal)
Chris Masich (McKercher LLP)
Wayne Watts (Liquid Capital Corp.)
Blair Knippel (Deloitte/Saskatchewan Capital Network)
Tickets are limited. For more information on how to register, please visit
https://ncfacanada.org/event-saskatchewan-may-28-2014-leading-the-way-emerging-equity-crowdfunding-environment/
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The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada crowdfunding hub providing education, advocacy and networking opportunities in the rapidly evolving crowdfunding industry. NCFA Canada is a community-based, membership-driven entity that was formed at the grass roots level to fill a national need in the market place. Join our growing network of industry stakeholders, fundraisers and investors. Increase your organization’s profile and gain access to a dynamic group of industry front runners. Learn more About Us or contact us at casano@ncfacanada.org.
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