Montag, 15. April 2013

Today: Crowdfunding Day in Amsterdam

Gijsbert Koren, co-founder of Douw&Koren and the main organizer of the Amsterdam summit answered a few questions for in advance of the event.

How has crowdfunding developed in the Netherlands so far?

Crowdfunding started out in the Netherlands in 2006 when SellaBand opened its doors. SellaBand gives bands and musicians the opportunity to let fans fund their new album. After the creative industries, projects in developing countries started to use crowdfunding from 2008 onwards. 1% CLUB was the first Dutch crowdfunding platform to donate to projects in developing countries. At the end of 2010, start-ups and SME's started using crowdfunding. CrowdAboutNow was the first Dutch platform for investing in start-ups, using a lending-based model.

In 2010, the total amount raised via crowdfunding was 0.5 million euros. In 2011, 2.5 million was raised and last year (2012), 14 million euros has been raised through crowdfunding on Dutch websites. Crowdfunding for start-ups and SMEs is growing at the highest rate and specifically crowdfunding for (decentralized) green energy initiatives seems promising. For more Q&A go to