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Crowdfunding initiative for innovative small companies proposed by BIA could raise £300 million and create 1500 new UK jobs a year in knowledge economy

article Crowdfunding
Crowdfunding initiative for innovative small companies proposed by BIA could raise £300 million and create 1500 new UK jobs a year in knowledge economy
Description Steve Bates, BIA Chief Executive Officer, said:

“Citizens’ Innovation Funds provide a practical way of unlocking the patriotic potential of a large number of Britons to crowdfund the innovative businesses which are essential for our nation’s economic future.

“In simple terms CIFs would allow members of the public to put up to £15, 000 a year into a fund for dragons’ den-style experts to invest in innovative companies – with a tax break if they keep their money invested for five years and tax free potential dividends.

SOURCE LINK to full article: https://www.bioindustry.org/newsandresources/bia-news/crowdfunding-could-raise-300-m-create-1500-jobs-a-year/
Tags: BIA, BioIndustry Association, CIF, Citizens Innovation Funds, Crowdfunding, Crowdsource, Crowdsourcing, job, Knowledge, UK
Pablo Braccini Posted by Pablo Braccini
Sep 03, 2012 07:08 am GMT Viewed 1359 times
Author: bioindustry.org Source
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