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Crowdfunding: Financing by the crowd – Facts, background information and research results

Where does the crowdfunding idea come from? In 2000 artisthare.com has been created in the USA and this was the first crowdfunding platform. Then, it took in the United States a decade for the crowdfunding idea to become an alternative financing solution. We all know meanwhile the activities of Kickstarter or Indiegogo, because they are also present in many European countries and in Germany too. They are financing primarily cultural and creative projects, innovative product ideas or startups.

This session overviews the topic crowdfunding. Following greeting and introduction by Ela Kagel (Free Curator) and Dirk Kiefer (Thüringer Agentur für die Kreativwirtschaft) Prof. Dr. Andreas Will (University of Ilmenau) gives in his lecture a review of the crowdfunding situation in Germany (in German). Finally, the session is closed by Salvatore Rubin (Indiegogo.com), who talks about the current situation in the crowdfunding nation USA (in English).