CrowdDay.be - Event organized by : Crowd Day Brussels Lionel Slusny, Board Secretary European Crowdfunding Network AISBL (Brussels) Twitter Website :

CrowdDay.be - Event organized by : European Crowdfunding Network in action NetworkingAdvocacy Events Research & Education Full Members : Crowdfunding players | Associate members : other companies & organisation

CrowdDay.be - Event organized by : What have these persons in common ?

CrowdDay.be - Event organized by : What is Crowdfunding ? Getting Money Online Large amount of people (Crowds) For a specific project

CrowdDay.be - Event organized by : Craving crowds for greater investment transparency The Crowds crave for greater investment transparency : They want to know what they invest in and they want feedback – E.g. crowdfunding replaces investments in « Sustainable » funds with only large caps (?!)

CrowdDay.be - Event organized by : Why does crowdfunding exist ?  Internet  Economic and Social crisis (imbalance of revenues, investment capabilities and investment returns)  Crowdsourcing  Success stories  More importantly, a combination of factors that makes it possible

CrowdDay.be - Event organized by : Different types of crowdfunding  Simple Donation (maybe tax deductible)  Cause or Philanthropy based  Project based ; usually hard products  Rewards have to be delivered  Capacity to repay  Existing clients / Revenues  Individuals or companies  Shares  Complex process but can be made onlie  Company only Donations Reward based Debt Equity Complexity

CrowdDay.be - Event organized by : Crowdfunding is more than finance  Social connections  Investment opportunities for companies  Support & Professional services  It is all about people…

CrowdDay.be - Event organized by : Crowdfunding : a truly GLOBAL trend Success stories in Micro Investments : Kiva, Zopa, Lending Club, … Prominent individuals embracing it (Elon Musk, John Mack (CS former CEO), François Hollande (France Republic President), Richard Bronson...)

CrowdDay.be - Event organized by : Some numbers Source : Massolutions, 2012

CrowdDay.be - Event organized by : Some more numbers Source : Massolutions, 2012

CrowdDay.be - Event organized by : Trends in Crowdfunding are lightning bolt  Growth of specific crowdfunding types – Credit crowdfunding / p2p lending (largest in terms of volumes)  Growth of specific crowdfunding industries – Real Estate crowdfunding – Gaming – Connected devices …

CrowdDay.be - Event organized by : Crowdfunding platforms manage permanent imbalances  Role of Financial institutions, Funds and Foundations Investor’s Funding Project opportunities

CrowdDay.be - Event organized by : European roadmap 1. Enhancing Industry Standards 2. Adapting National Laws 3. Adapting EU Level Laws New European Commission 6 Countries realized & others in Progress Performed by ECN Members

CrowdDay.be - Event organized by : National Laws BELGIUM Changed in 2014 No prospectus for <300k EUR in total & 1k EUR per investor FRANCE Les Assises de la Finance Participative Law In progress New « CIP » License UK Changed in 2014 AUSTRIA After public debate, Changed in 2013 PORTUGAL Parliamentary debate in 2012 ITALY Changed in 2012 New changes in 2014

CrowdDay.be - Event organized by : Crowdfunding Regulation Study  246 Pages - Edited by ECN content/blogs.dir/12/files/2013/12/ECN-Review-of-Crowdfunding-Regulation pdf

CrowdDay.be - Event organized by : EU Level Developments  Various initiatives for Crowdfunding, for instance : June 2013 Workshop DG Markt Digital Agenda October 2013 Global European Commission Consultation Link

CrowdDay.be - Event organized by : Further developments  Mandate from Member states still to be granted for a EU wide regulation  New European Commission to come into place over the summer 2014  EU Crowdfunding Stakeholder Forum established ( 240_en.htm) ( 240_en.htm)

CrowdDay.be - Event organized by : Business Developments  Bank initiatives as service provider or co- investor in crowdfunding  Role of consumers & local investors / cooperatives  Growing amount of platforms, industries and specializations For Example :

CrowdDay.be - Event organized by : Some potential roles for BELGIUM  Test market for new Crowdfunding concepts (taking advantage Belgium’s innovation capacity & multi-cultural aspects)  Through EU Level activities, support the European-wide discourse on the topic of Crowdfunding  Provide job & business opportunities for the belgian Financial Services professionals in the new era of digitalized financial servics

CrowdDay.be - Event organized by : Upcoming Dates Crowd Tuesday - 14th October (Brussels) ECN European Convention - 11th & 12th December (Paris)

CrowdDay.be - Event organized by : We cannot connect the dots looking forward, we can only connect them looking backward

CrowdDay.be - Event organized by : Contact Direct Phone : Direct