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Biotech group says crowdsourcing funds can back next-gen developers

article Crowdfunding
Biotech group says crowdsourcing funds can back next-gen developers
Description Taking a page from France's crowdsourced financing program--the Fonds Communs de Placements dans l'Innovation, which has raised more than 6 million euros in the past 15 years--the BIA is calling on the government to allow tax breaks for individuals who invest up to £15,000 a year in Citizens Innovation Funds. Orchestrated under the direction of "dragons' den-style experts," tax advantages would flow to anyone who kept their money invested for more than 5 years.

SOURCE LINK to full article:http://www.fiercebiotech.com/story/biotech-group-says-crowdsourcing-funds-can-back-next-gen-developers/2012-09-11
Tags: Biotech Venture Capital, Crowdfunding, Crowdsourcing, Startups, United Kingdom
Tim Satterthwaite Posted by Tim Satterthwaite
Sep 11, 2012 02:26 pm GMT Viewed 997 times
Author: John Carroll Source
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